Ascena Retail Group, which owns clothing brands such as Ann Taylor and Loft, said on Thursday it will be acquired by Premium Apparel LLC for $540 million on a cash-free and debt-free basis. Premium Apparel, a unit of private equity firm Sycamore Partners, has...
London-based buyout firm Silverfleet Capital has struck an agreement to sell its majority stake in 7days, a German supplier of workwear for the healthcare industry, to a consortium of private equity firms. The transaction, expected to close by January 2021, has...
The founders of a contemporary fashion retailer launched just 15 years ago with a £40,000 investment are in talks about a stake sale that could catapult them into the ranks of Britain’s super-rich. Sky News has learnt that Christiaan Ashworth and John Parker,...
There’s been a lot of talk about environmental, social and governance (ESG) issues dealing with hedge funds, but these topics are spilling over into private equity as well. PE has been hot in recent years, and the trends show no sign of it slowing down. Experts...
When Deutsche Finance Group looked to crack the U.S. real estate market, it set its sights on a prime Manhattan corridor. In August 2018, the German investment firm’s new U.S. subsidiary picked up the top floors of the Gucci building with New York-based developer...
