GOLDEN GOOSE acquired by APHEON (EX ERGON)
Context
Ergon Capital Partners III has acquired a majority stake in Golden Goose srl from Dgpa sgr, Riello Investimenti, and founders. Golden Goose is a fast-growing Italian luxury brand, renowned for its high-end casual apparel and iconic sneakers. The transaction follows months of speculation and marks a significant milestone for the brand's expansion.
GOLDEN GOOSE, which reported an EBITDA margin of [members only] in 2014, is valued in this transaction at an EV/EBITDA multiple of 10x–18x, representing a discount to the average currently observed in the Retail & Consumer sector (11.9x).
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Target
Golden Goose is an italian luxury shoes brand, famous for its "superstar" model with the iconic star and deliberately worn-out look, the brand bridges the gap between streetwear and high fashion. Its products are distributed through a strong wholesale network and flagship stores.
Ent. Value
€100–350M
Equity Value
[members only]
Multiples
EV / Revenue
1x–3x
EV / EBITDA
10x–18x
EV / EBIT
[members only]
Historical Financials (EUR)
Other operations with GOLDEN GOOSE
Other operations with GOLDEN GOOSE
| Date | Acquirer | Target | Country | Sector |
|---|---|---|---|---|
| 12/2025 | HSG (FORMERLY SEQUOIA CAPITAL CHINA) | GOLDEN GOOSE | ITALY | Fashion & Apparel |
| 12/2020 | PERMIRA | GOLDEN GOOSE | ITALY | Fashion & Apparel |
| 02/2017 | THE CARLYLE GROUP | GOLDEN GOOSE | ITALY | Fashion & Apparel |
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Other operations with APHEON (EX ERGON)
| Date | Acquirer | Target | Country | Sector |
|---|---|---|---|---|
| 07/2026 | APHEON (EX ERGON) | ALMA | FRANCE | Food Products |
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REFERENCES
Valuation range: EV €100–350M
Revenue range: €25–50M
EBITDA range: €5–25M
EV/Revenue range: 1x - 3x
EV/EBITDA range: 10x - 18x
Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of GOLDEN GOOSE by APHEON (EX ERGON) are reserved for mynth community members. Register for free to unlock full data.
Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.
Target: golden goose
Acquirer: apheon (ex ergon)