Permira finds the first bidder for Dr. Martins. Carlyle Group is considering a bid for the British bootmaker, according to Sky News. The investment firm is in the early stages of deliberations on a potential offer and no final decisions have been made.
Earlier this year, Permira hired Goldman Sachs Group and Robert W. Baird to explore options for Dr. Martens, including a sale or IPO. The investment firm targets an exit in 2020. Carlyle has owned Goolden Goose since 2017 and it has invested in Supreme and Spanish Jeanologia.
Dr. Martens was founded in the 1940s by German doctor Klaus Martens. In the year ended March 31, Dr. martens delivered a 30% revenue growth, to 454.4 million pounds, with double digit growth across all channels. Ebitda grew 70%, to 85 million pounds