Colette by Collette Hayman has attracted private equity investment.
IFM Investors’ private equity arm has taken a significant minority stake in the accessories retailer.
IFM Investors executive director Stuart Wardman-Browne said this will help the business continue its growth path.
"We are excited to partner with Colette as it seeks to further expand in Australia and offshore.
"With the strong experience of its leadership team, niche value proposition, on-trend products and proven retail nous, we believe Colette is well positioned to execute on its next phase of growth."
Colette was founded in 2010 by Mark and Colette Hayman and has grown quickly to a network of over 130 company owned stores across Australia and New Zealand.
It also has several franchise locations across South Africa and the Middle East.
Mark Hayman said the investment comes at an important time.
"The partnership with IFM represents an exciting development for us as we embark on our next phase of growth in Australasia and internationally."
IFM Investors’ private equity team seeks to invest in growing businesses in Australia and New Zealand with a value of between $50-300 million.
This transaction follows the acquisition of 50% of leading contractor group ISGM in June.