UK - Octopus Investments acquires Golddigga for £18.5m

The Golddigga fashion brand has been acquired in an £18.5m buyout by its management team and Octopus Investments. Octopus led and arranged the deal, introducing buy-in candidate Daniel Morris who joined the company in June as CEO. The founder and vendor, Aaron Thalmann, is re-investing part of his consideration in the transaction and will hold a major equity share. He remains committed to the growth of the business and will move to the role of Creative Director as part of the re-structuring.