Risk Capital Partners, the private equity firm chaired by Luke Johnson, today announces that it has bought a majority stake in Zoggs while at the same time supporting the existing management team led by Mark Hammersley, who has run the business for the past 13 years. Zoggs, which was founded in 1992 in Sydney, has built on its success as an innovator in the swim goggles market to develop a full range of swimwear, swim equipment and learn to swim/water confidence products. In addition to subsidiaries in the UK, Australia and New Zealand, Zoggs is now sold in another 45 countries. Alan Jacobs remains as Chairman of the newly formed Zoggs Group Ltd. This acquisition marks the first investment by Risk Capital Partners in the sporting goods market, but a return to retail.

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