Founding shareholders and GIMV have refinanced Joolz
Joolz
Joolz is a distinguished manufacturer of premium buggies and strollers, renowned for its portfolio of award-winning products characterized by timeless design. The company, backed by Gimv, is uniquely positioned as the go-to premium juvenile brand for modern parents due to a commitment to pioneering product development, category-leading environmental, social and governance (ESG) credentials and international omni-channel model. Since their investment, Gimv has worked closely with Joolz to accomplish the mission of becoming the next-generation premium stroller brand that creates the best products for children, parents and the planet, with consciously designed strollers made for real life and built to last.
The Deal
The refinancing has empowered Joolz to provide greater flexibility and support for further business growth. Thanks to their recent customer acquisitions and innovative product range that seamlessly aligns with modern parental demands, Joolz has demonstrated excellent performance and secured a strong market position. This success has enabled Joolz to obtain a comprehensive financing package.
Our Perspective
Sander Thiadens, Lincoln International Managing Director who led the transaction, commented, “It has been a pleasure and privilege to work with Joolz and Gimv on this refinancing. Joolz is now well-positioned to further build its platform and support its growth strategy. This refinancing demonstrates that, despite economic challenges impacting the sector, lenders remain willing to support consumer businesses with strong credit characteristics.”
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Any information or testimonials contained in this post may not be representative of the experience of other clients and is no guarantee of future performance or success.