BlackRock Kelso Capital Acquires The Bargain! Shop
Canadian discount store chain The Bargain! Shop Holdings Inc. and its affiliates have been bought for an undisclosed amount by Red Apple Stores Inc., a subsidiary of U.S. mid-market private equity firm BlackRock Kelso Capital. The sale completes a process begun last month, when The Bargain! Shop accepted BlackRock Kelso's going concern offer. The Mississauga, Ontario-based company filed for protection under the Companies’ Creditors Arrangement Act to restructure its operations in February 2013.
18 July 2013•1 min read
