Ropes & Gray Represents Golden Goose Management Team on HSG’s Majority Investment and Addition of Temasek as Minority Shareholder

Ropes & Gray has represented the management team of Golden Goose, a leading brand of luxury sneakers, apparel and accessories, on the sale of a majority stake in the company to HSG, a leading international venture capital and private equity firm. Temasek, a global investment company, and True Light Capital, an asset manager wholly-owned by Temasek, have completed their investment as minority shareholders.

The investments by HSG and Temasek are underpinned by a strong strategic and cultural fit and mark a new milestone in Golden Goose’s global growth journey. Leveraging HSG and Temasek’s global reach, and complementary track records scaling leading consumer brands and innovations, the Group will continue to accelerate its international expansion and innovation platform, strengthen its distinctive direct-to-consumer model and its globally resonant brand at the intersection of luxury, lifestyle and sportswear, while preserving and continuing to invest in Golden Goose’s Made in Italy roots.

The Ropes & Gray team was led by strategic transactions and private equity partner Alessandro Capogrosso, supported by associate Valeria Fiormonti and trainee Mattia Montaini.