News

Sycamore Partners Completes Acquisition of Walgreens Boots Alliance
August 28, 2025
Sycamore Partners Completes Acquisition of Walgreens Boots Alliance

New York–Aug. 28, 2025—Sycamore Partners (“Sycamore”) announced today that it has completed its acquisition of Walgreens Boots Alliance, Inc. (the “Company” or “WBA”). 

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Walgreen Co. To Operate as Private Standalone Company Following Acquisition By Sycamore Partners
August 28, 2025
Walgreen Co. To Operate as Private Standalone Company Following Acquisition By Sycamore Partners

Appoints Mike Motz as Chief Executive Officer

Deerfield, Ill.—Aug. 28, 2025—Walgreen Co. (“Walgreens”, or the “Company”), America’s leading independent retail pharmacy, announced today that it is now operating as a private standalone company following its acquisition by Sycamore Partners (“Sycamore”), a leading private equity firm based in New York. 

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The Boots Group Positioned For Growth As A Private Standalone Company Following Acquisition By Sycamore Partners
August 28, 2025
The Boots Group Positioned For Growth As A Private Standalone Company Following Acquisition By Sycamore Partners

London, 28 August 2025: The Boots Group (the “Company”), a leading health and beauty retailer and pharmaceutical wholesaler, announced today that it is now operating as a private standalone company following its acquisition by Sycamore Partners (“Sycamore”), a leading private equity firm based in New York. 

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CareCentrix to Operate As A Private Standalone Company  Following Acquisition By Sycamore Partners
August 28, 2025
CareCentrix to Operate As A Private Standalone Company Following Acquisition By Sycamore Partners

HARTFORD, CT, Aug. 28, 2025 – CareCentrix, a leading home-centered care company that coordinates care for health plans, patients, and providers, announced today that it is now operating as a private standalone company following its acquisition by Sycamore Partners (“Sycamore”), a leading private equity firm based in New York. 

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Walgreens Boots Alliance Enters into Definitive Agreement to Be Acquired by Sycamore Partners
March 06, 2025
Walgreens Boots Alliance Enters into Definitive Agreement to Be Acquired by Sycamore Partners

Total Consideration Consists of $11.45 per Share in Cash and Additional Potential Value of Up To $3.00 in Cash per WBA Share from Future Monetization of VillageMD Businesses

Sycamore and WBA Combine Retail and Healthcare Expertise to Better Position WBA to Accelerate Turnaround Plan

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Sycamore Partners Announces Acquisition of All-Fab Group
December 23, 2024
Sycamore Partners Announces Acquisition of All-Fab Group

BOUCHERVILLE, QC, Dec. 23, 2024 /CNW/ - Sycamore Partners, a private equity firm specializing in consumer, distribution and retail-related investments, together with RONA inc., today announced the acquisition of All-Fab Group ("AFG"), one of the largest building solutions providers across Western Canada.

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Sycamore Partners Acquires Playa Bowls, the Nation’s Leading Superfruit Bowl Shop
September 03, 2024
Sycamore Partners Acquires Playa Bowls, the Nation’s Leading Superfruit Bowl Shop

NEW YORK – September 3, 2024 – Sycamore Partners, a private equity firm specializing in consumer, distribution and retail-related investments, today announced that it has acquired Playa Bowls, a rapidly expanding franchise restaurant concept, from Tamarix Equity Partners and other investors.

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Knitwell Group Adds Chico's, White House Black Market And Soma
January 05, 2024
Knitwell Group Adds Chico's, White House Black Market And Soma

Company is now a $6 billion Powerhouse in the Women's Specialty Retail Apparel Space

NEW YORK, Jan. 5, 2024 /PRNewswire/ -- KnitWell Group ("KnitWell"), a company comprising industry-leading apparel brands Ann Taylor, LOFT, and Talbots, today announced it has added Chico's, White House Black Market and Soma to its portfolio. KnitWell also provides oversight and shared services to Lane Bryant, a leading plus-size women's apparel brand. This combination follows the sale of Chico's FAS to Sycamore Partners, a leading private equity firm specializing in consumer, distribution, and retail-related investments.

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Dick's Lumber Acquires ZyTech Building Systems
October 11, 2023
Dick's Lumber Acquires ZyTech Building Systems

BOUCHERVILLE, QC, Oct. 11, 2023 /CNW/ - Dick's Lumber, a banner of RONA inc., one of Canada's leading home improvement retailers operating or servicing some 425 corporate and affiliated stores, has completed the acquisition of ZyTech Building Systems, a leader in the manufacturing and distribution of building components and engineered wood products. This is the first strategic acquisition for Dick's Lumber under the ownership of private equity firm Sycamore Partners.

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Iconic Apparel Brands Ann Taylor, LOFT and Talbots Come Together as KnitWell Group
August 30, 2023
Iconic Apparel Brands Ann Taylor, LOFT and Talbots Come Together as KnitWell Group

NEW YORK, NY (August 30, 2023) Sycamore Partners, a private equity firm specializing in consumer, distribution, and retail-related investments, today announced the formation of KnitWell Group (“KnitWell”), a new holding company comprising industry-leading apparel brands Ann Taylor, LOFT, and Talbots. Together, these brands generate more than $3 billion in annual sales. The Company will also continue to provide oversight and shared services to Lane Bryant, a leading plus-size women’s apparel brand. Together, these brands position KnitWell as one of the largest specialty apparel companies in the United States.

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Sycamore Partners Completes Acquisition of Lowe’s Canadian Retail Business
February 03, 2023
Sycamore Partners Completes Acquisition of Lowe’s Canadian Retail Business

NEW YORK – Feb. 3, 2023 – Sycamore Partners, a private equity firm specializing in retail, consumer, and distribution-related investments, today announced that it has completed its acquisition of Lowe’s Canadian retail business, which will now operate under the name RONA inc. With headquarters in Boucherville, Québec, RONA operates or services approximately 450 corporate and independent affiliate dealer stores under several banners, including RONA, Lowe's, Réno-Dépôt and Dick's Lumber.

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Ste. Michelle Wine Estates  acquires A to Z  Wineworks
September 07, 2022
Ste. Michelle Wine Estates acquires A to Z Wineworks

WOODINVILLE, Wash. (September 7, 2022) – Ste. Michelle Wine Estates (“Ste. Michelle”) has acquired A to Z Wineworks (“A to Z”), a top-selling winery in Oregon. This is the first strategic acquisition for Ste. Michelle Wine Estates under the ownership of private equity firm Sycamore Partners.

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Sycamore Partners Acquires Goddard Systems, the Leading Franchisor of Premium Early Education Centers
June 30, 2022
Sycamore Partners Acquires Goddard Systems, the Leading Franchisor of Premium Early Education Centers

NEW YORK, June 30, 2022 /PRNewswire/ -- Sycamore Partners, a private equity firm specializing in retail, consumer, and distribution-related investments, today announced that it has acquired Goddard Systems, franchisor of The Goddard School, from an affiliate of Wind River Holdings, L.P., a privately owned investment company.

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Pure Fishing Acquires Svendsen Sport
February 22, 2022
Pure Fishing Acquires Svendsen Sport

COLUMBIA, S.C. — Pure Fishing Inc., the world’s largest fishing tackle company, today announced the acquisition of Svendsen Sport, a leading supplier of fishing tackle in Europe and owner of leading brands in that market including Savage Gear, Prologic, MadCat, WaterWolf and DAM.

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Sycamore Partners Acquires Digital Room, a Leading E-Commerce Provider of Customized Marketing Products to Small and Medium Sized Businesses
December 21, 2021
Sycamore Partners Acquires Digital Room, a Leading E-Commerce Provider of Customized Marketing Products to Small and Medium Sized Businesses

NEW YORK, Dec. 21, 2021 /PRNewswire/ -- Sycamore Partners, a private equity firm specializing in consumer, distribution, and retail-related investments, today announced that it has acquired Digital Room from an affiliate of H.I.G. Capital.

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Sycamore Partners Completes Acquisition of Ste. Michelle Wine Estates
October 01, 2021
Sycamore Partners Completes Acquisition of Ste. Michelle Wine Estates

NEW YORK, Oct. 1, 2021 /PRNewswire/ -- Sycamore Partners, a private equity firm specializing in consumer, retail, and distribution investments, today announced that it has completed its acquisition of Ste. Michelle Wine Estates from Altria Group, Inc.

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Pure Fishing Announces The Close Of Purchase For Plano Synergy Holdings Inc. With Pure Fishing To Retain Strategic Brands From The Plano Portfolio And Gsm Outdoors To Acquire The Hunting Accessories And Archery Brands
April 16, 2021
Pure Fishing Announces The Close Of Purchase For Plano Synergy Holdings Inc. With Pure Fishing To Retain Strategic Brands From The Plano Portfolio And Gsm Outdoors To Acquire The Hunting Accessories And Archery Brands

COLUMBIA, S.C. (April 16, 2021) — Pure Fishing Inc., the world’s largest fishing tackle company, announces the close of its purchase of Plano Synergy Holdings Inc., effective today. As part of the closing of this purchase, Pure Fishing also announces it has closed the sale of Plano Synergy’s archery and hunting accessories brands to GSM Outdoors, the leader in the enthusiast hunting, sport shooting, and rugged outdoor market, also effective today.

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Royal Caribbean Group completes the sale of its Azamara brand to Sycamore Partners
March 19, 2021
Royal Caribbean Group completes the sale of its Azamara brand to Sycamore Partners

MIAMI – March 19, 2021 – Royal Caribbean Group (NYSE: RCL) (the Group) today announced it completed the sale of its Azamara brand to Sycamore Partners, a private equity firm specializing in consumer, retail and distribution investments, in an all-cash transaction for $201 million. The sale included Azamara’s three-ship fleet and associated intellectual property.

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Express, Inc. Announces $140 Million in Additional Financing to Bolster Liquidity
January 14, 2021
Express, Inc. Announces $140 Million in Additional Financing to Bolster Liquidity

COLUMBUS, Ohio-- Fashion apparel retailer Express, Inc. (NYSE: EXPR) today announced that it has entered into a definitive loan agreement with Sycamore Partners as lead lender, along with Wells Fargo and Bank of America Merrill Lynch, that strengthens its liquidity position by an additional $140 million. The new financing includes a $90 million FILO Term Loan with a maturity date of May 24, 2024, and a $50 million Delayed Draw Term Loan, to be repaid upon receipt of a CARES Act tax refund expected to be received in the second quarter of 2021. This financing is in addition to the Company’s existing $250 million asset-based loan facility, of which it had previously drawn $165 million.

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Ascena retail group Completes Sale of Ann Taylor, LOFT, Lou & Grey and Lane Bryant to Sycamore Partners
December 23, 2020
Ascena retail group Completes Sale of Ann Taylor, LOFT, Lou & Grey and Lane Bryant to Sycamore Partners

MAHWAH, N.J., Dec. 23, 2020 (GLOBE NEWSWIRE) -- ascena retail group, inc. (OTCMKTS: ASNAQ) and certain of its subsidiaries (collectively, “ascena” or the “Company”) today announced that it has completed the sale of the Ann Taylor, LOFT, Lou & Grey, and Lane Bryant brands to Premium Apparel LLC, an affiliate of Sycamore Partners. Premium Apparel has committed to retaining a substantial portion of the retail stores, associates, and corporate operations affiliated with these brands.

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CommerceHub Announces Strategic Investment from Insight Partners
December 02, 2020
CommerceHub Announces Strategic Investment from Insight Partners

ALBANY, N.Y., Dec. 2, 2020 /PRNewswire/ -- CommerceHub, a leading provider of ecommerce solutions for enterprise retailers and brands, today announced a strategic investment by global venture capital and private equity firm Insight Partners. This investment will accelerate CommerceHub's platform innovation and expand its solutions to realize the company's digital supply chain vision.

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NBG Home Acquires Quoizel
January 08, 2019
NBG Home Acquires Quoizel

AUSTIN, Texas and CHARLESTON, S.C., Jan. 8, 2019 /PRNewswire/ -- NBG Home ("NBG" or the "Company"), the largest provider of affordable home décor products, today announced that it has acquired Quoizel, a leading designer and marketer of decorative lighting. Following the transaction, Quoizel's headquarters and team will remain in Charleston, South Carolina, and Rick Seidman, President of Quoizel, will continue in his role. This acquisition is the second for NBG in less than two years under the ownership of private equity firm Sycamore Partners.

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Sycamore Partners Completes Acquisition of Pure Fishing
January 07, 2019
Sycamore Partners Completes Acquisition of Pure Fishing

NEW YORK, Jan. 7, 2019 /PRNewswire/ -- Sycamore Partners today announced that it has completed its acquisition of Pure Fishing from Newell Brands.

Peter Morrow, Managing Director at Sycamore Partners, said, "Pure Fishing and its portfolio of global brands represent an exciting opportunity to continue our strategy of investing in and supporting great retail and consumer brands with significant potential. We are excited to help Pure Fishing build on its market-leading position and accelerate its growth. We are also pleased to have been able to work constructively on this carve-out for Newell Brands to further its strategic transformation."customers.

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Sycamore Partners Closes Third Fund At $4.75 Billion
July 30, 2018
Sycamore Partners Closes Third Fund At $4.75 Billion

NEW YORK, July 30, 2018 /PRNewswire/ -- Sycamore Partners ("Sycamore"), a private equity firm based in New York specializing in consumer and retail investments, today announced it has closed its third fund, Sycamore Partners III, L.P. ("Fund III"), with $4.75 billion of limited partner capital commitments. Sycamore has a globally diversified investor base of prominent endowments, foundations, funds of funds, family offices, insurance companies, pension plans and sovereign wealth funds.

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GTCR and Sycamore Partners Complete Acquisition of CommerceHub
May 21, 2018
GTCR and Sycamore Partners Complete Acquisition of CommerceHub

May 21, 2018 – Affiliates of GTCR and Sycamore Partners, two leading private equity firms, today announced the closing of the acquisition of CommerceHub, Inc. (“CommerceHub” or the “Company”), a leading distributed commerce network for retailers and brands.

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John A. Lederer Joins Sycamore Partners as a Senior Advisor
September 20, 2017
John A. Lederer Joins Sycamore Partners as a Senior Advisor

September 20, 2017 – Sycamore Partners today announced that John A. Lederer, former President and Chief Executive Officer of US Foods, has joined the firm as a Senior Advisor. In this capacity, he  will serve as the Executive Chairman of the Board of Directors of Staples, Inc. and its newly  formed and independent United States and Canadian Retail Businesses.

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Sycamore Partners Completes Acquisition Of Staples, Inc.
September 12, 2017
Sycamore Partners Completes Acquisition Of Staples, Inc.

Sycamore Partners today announced that it has completed its acquisition of Staples, Inc. (the “Company”).

"We are pleased to have completed this transaction and look forward to partnering with CEO Shira Goodman and the Staples management team as we seek to increase long-term profitability," said Stefan Kaluzny, Managing Director of Sycamore Partners. “With the support of its dedicated associates, Staples is well-positioned to leverage its iconic brand and leading competitive position to drive even greater value for its business-to-business and retail customers in the U.S. and Canada.”

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Staples, Inc. Enters into Definitive Agreement to be Acquired by Sycamore Partners for $10.25 Per Share in Cash, or Approximately $6.9 Billion
June 29, 2017
Staples, Inc. Enters into Definitive Agreement to be Acquired by Sycamore Partners for $10.25 Per Share in Cash, or Approximately $6.9 Billion

FRAMINGHAM, Mass. & NEW YORK--(BUSINESS WIRE)-- Staples, Inc. (NASDAQ: SPLS or the “Company”) and Sycamore Partners, a leading private equity firm, today announced that they have entered into a merger agreement in which investment funds managed by Sycamore Partners will acquire the Company in a transaction that values Staples at an equity value of approximately $6.9 billion. Under the terms of the merger agreement, all Staples’ stockholders will receive $10.25 per share in cash for each share of common stock they own, which represents a premium of approximately 20 percent to the 10-day volume weighted average stock price for Staples shares for the period ended April 3, 2017, the last trading day prior to widespread media speculation about a potential transaction.

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Sycamore Partners Acquires NBG Home
April 27, 2017
Sycamore Partners Acquires NBG Home

NEW YORK, April 27, 2017 /PRNewswire/ -- Sycamore Partners today announced that it has acquired NBG Home ("NBG"), a leading global designer, manufacturer and marketer of affordable home décor products from Kohlberg & Company, L.L.C.

 

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Sycamore Partners Acquires The Limited's Brand and Related Intellectual Property
February 24, 2017
Sycamore Partners Acquires The Limited's Brand and Related Intellectual Property

NEW YORK, Feb. 24, 2017 /PRNewswire/ -- Sycamore Partners today announced that it has acquired The Limited's brand and other related intellectual property assets. The intellectual property was purchased through a competitive auction run by The Limited as part of its ongoing Chapter 11 proceedings in the U.S. Bankruptcy Court for the District of Delaware.

Sycamore plans to reintroduce the brand to the marketplace at a later date and will communicate with The Limited's loyal customers about how to obtain the merchandise they know and love. 

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Michael Weiss, Longtime CEO of Express, Joins Talbots Board of Directors
September 15, 2016
Michael Weiss, Longtime CEO of Express, Joins Talbots Board of Directors

The Talbots, Inc. ("Talbots") today announced that Michael Weiss, the longtime CEO of Express and a highly respected figure in the retail industry for many years, has joined the Talbots Board of Directors, effective September 1, 2016.

"Michael has long been viewed as one of the retail industry's most visionary, charismatic and inspiring leaders, and we are thrilled that he has agreed to join the Talbots' Board," said Lizanne Kindler, Chief Executive Officer of Talbots. "I am confident that my colleagues and I will benefit greatly from Michael's unique insights as we work to achieve our long-term goals."

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Sycamore Partners Completes Acquistion Of Belk, Inc
December 10, 2015
Sycamore Partners Completes Acquistion Of Belk, Inc

Sycamore Partners today announced that it has completed its acquisition of Belk, Inc. (“Belk” or the “Company”).

Stefan Kaluzny, Managing Director of Sycamore Partners, said, “We are excited to have completed this acquisition and to begin our partnership with Belk. The Company has developed a loyal base of customers over its 127-year history, and we believe Belk is positioned for continued growth and success. We look forward to working with Belk’s management team and associates as they build on the Company’s legacy and continue to serve its customers and deliver Modern. Southern. Style.”

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Dollar Tree Completes Divestiture of 330 Family Dollar Stores to Dollar Express
November 02, 2015
Dollar Tree Completes Divestiture of 330 Family Dollar Stores to Dollar Express

Dollar Tree, Inc. (NASDAQ: DLTR), the nation's leading operator of discount variety stores selling everything for $1 or less, and Sycamore Partners, a private equity firm specializing in consumer and retail investments, today announced that they have completed the transaction pursuant to which Dollar Tree divested 330 Family Dollar stores to Dollar Express LLC, a portfolio company of Sycamore Partners. The divestiture satisfied a condition as required by the Federal Trade Commission in connection with Dollar Tree's recently-completed acquisition of Family Dollar Stores, Inc. The stores will operate under the Dollar Express banner.

 

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Sycamore Partners acquires E.M.P. Merchandising, Germany-Based Multi-Channel Retailer
August 06, 2015
Sycamore Partners acquires E.M.P. Merchandising, Germany-Based Multi-Channel Retailer

We are delighted to enter into this partnership with Sycamore Partners,” said Ernst Trapp, the Company’s Chief Executive Officer. “Sycamore has extensive multi-channel retailing experience and knowledge of the music- and entertainment-inspired apparel and accessories world. We believe this makes them an ideal partner as we look to grow our business, while continuing to operate as we always have – with a deep appreciation for our employees, customers and business partners.

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Lew Frankfort Joins Sycamore Partners As Executive In Residence
January 12, 2015
Lew Frankfort Joins Sycamore Partners As Executive In Residence

Sycamore Partners today announced that Lew Frankfort, the former Chairman and Chief Executive Officer of Coach, Inc., has joined the firm as an Executive in Residence. In this role, Mr. Frankfort will serve as a valued resource to Sycamore Partners and the management teams of its portfolio companies, enabling them to tap into his incomparable retail knowledge, managerial expertise and network of industry relationships.

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Sycamore Partners Acquires Coldwater Creek Intellectual Property
June 09, 2014
Sycamore Partners Acquires Coldwater Creek Intellectual Property

Sycamore Partners today announced that it has acquired the Coldwater Creek brand and other intellectual property. Sycamore intends to re-launch Coldwater Creek as an independent portfolio company.

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Sycamore Partners Closes Second Fund At $2.5 Billion
June 09, 2014
Sycamore Partners Closes Second Fund At $2.5 Billion

Sycamore Partners today announced that it has closed its second fund, Sycamore Partners II, L.P., with limited partner commitments of $2.5 billion. Sycamore Partners’ first fund, Sycamore Partners, L.P., closed in 2012 with limited partner commitments of $1 billion. With the closing of its second fund, Sycamore Partners now has in excess of $3.5 billion in assets under management.

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Sycamore Partners Establishes Four Additional Independent Companies in Organizational Realignment of The Jones Group
April 15, 2014
Sycamore Partners Establishes Four Additional Independent Companies in Organizational Realignment of The Jones Group

Sycamore Partners today announced that it has reorganized the remaining businesses of The Jones Group into four independent operating companies: the Nine West Group, a Jeanswear company (which will be named later), Jones New York, and the Kasper Group. Each will operate as an independent company led by its own management team. Sycamore Partners previously announced that Stuart Weitzman and Kurt Geiger would each become independent companies.

 

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Sycamore Partners Establishes Stuart Weitzman as Standalone Company
April 11, 2014
Sycamore Partners Establishes Stuart Weitzman as Standalone Company

Sycamore Partners today announced that, in conjunction with its recent acquisition of The Jones Group Inc., Stuart Weitzman will operate as an independent company in the investment firm’s growing portfolio of leading retail and consumer businesses. Sycamore Partners’ acquisition of Stuart Weitzman is being made in partnership with the company’s long-time management team, including Executive Chairman Stuart Weitzman and Chief Executive Officer Wayne Kulkin.

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Sycamore Partners Completes Acquisition of The Jones Group
April 08, 2014
Sycamore Partners Completes Acquisition of The Jones Group

Sycamore Partners today announced that it has completed its acquisition of The Jones Group Inc. (“The Jones Group” or the “Company”). The transaction is valued at approximately $2.2 billion.

 

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Kurt Geiger Positioned for Growth Following Management Buyout with Support of Sycamore Partners
April 01, 2014
Kurt Geiger Positioned for Growth Following Management Buyout with Support of Sycamore Partners

Sycamore Partners today announced that Kurt Geiger, a leading European luxury branded shoe retailer, has completed a management-led buyout and is now operating as an independent company. Sycamore Partners supported Kurt Geiger’s management team in its acquisition of the business, which previously was a division of The Jones Group Inc.

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Sycamore Partners Completes Acquisition of Hot Topic, Inc
June 12, 2013
Sycamore Partners Completes Acquisition of Hot Topic, Inc

Sycamore Partners today announced that it has completed its acquisition of Hot Topic, Inc. (“Hot Topic” or the “Company”). The transaction is valued at approximately $600 million.

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Junior Capital team at Wells Fargo Capital Finance and Pathlight Capital provide $100 million term loan to RadioShack
October 03, 2012
Junior Capital team at Wells Fargo Capital Finance and Pathlight Capital provide $100 million term loan to RadioShack

Wells Fargo Capital Finance, part of Wells Fargo & Company (NYSE: WFC), recently agented a $100 million term loan for the financing of RadioShack Corporation, a Ft. Worth, Texas-based consumer electronics retailer. Pathlight Capital, LLC, a portfolio company of Sycamore Partners, acted as Syndication Agent on the transaction.

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Sycamore Partners Completes Acquisition of Talbots
August 07, 2012
Sycamore Partners Completes Acquisition of Talbots

Michael Archbold Appointed CEO and CFO, Lizanne Kindler Named President and Michele Mandell Named Chief Operating Officer

Sycamore Partners today announced that TLB Merger Sub Inc. (an affiliate of Sycamore Partners) has completed its acquisition of The Talbots, Inc., following the previously announced completion of its tender offer on August 3, 2012. The transaction is valued at approximately $391 million, including net debt.

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Sycamore Partners Acquires 51% Interest in Mast Global Fashions
November 03, 2011
Sycamore Partners Acquires 51% Interest in Mast Global Fashions

Sycamore Partners Joins with Limited Brands to Establish Apparel Sourcing Unit as Standalone Company

Sycamore Partners (“Sycamore”), a private equity firm based in New York, and Limited Brands, Inc. (NYSE: LTD) today announced that Sycamore has acquired a controlling 51% interest in Mast Global Fashions, the third-party apparel sourcing division of Limited Brands. Limited Brands will retain a 49% stake in this standalone apparel production and sourcing company. Terms of the transaction were not disclosed. Limited Brands will retain 100 percent ownership of its separate sourcing operation for their intimate apparel and personal care/beauty businesses.

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