Buyout-Backed Bust: BTWW Retail

BTWW Retail LP, a Western and workwear retailer with 124 outlets in 19 states, has filed for chapter 11 bankruptcy protection. It is a portfolio company of Sage Capital and Luther King Capital. BTWW has retained Clear Thinking Group to assist in the sale of its assets, and recently sold 22 stores to Boot Barn Holding Corp., a portfolio company of Marwit Capital.

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