Slide decks filled with bikini bods and colourful sarongs are back in the hands of interested buyers as a lengthy pitch for iconic swimwear brand Tigerlily hits inboxes just in time for summer.
Deloitte was appointed to sell the business by private equity owner Crescent Capital in October, three years after emerging from voluntary administration. Crescent is seeking to ride the wave of interest in Australian apparel as rival Seafolly is traded to an Asian buyer for $70 million in a tough trading environment for discretionary retail.
Private equity firm Crescent Capital has put swimwear business Tigerlily up for sale via Deloitte, three years after voluntary administration.
Deloittes A…
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