Retail

Wealthy individuals pile into Blackstone's new retail effort

The Blackstone Group raised about $500 million last year for a new strategy aimed at individual investors, part of a huge fundraising year for the world’s largest private equity firm.

TPG hires Lazard to sell Australian energy retailer Alinta for about $3.5 bln

TPG Capital Management LP has hired investment bank Lazard Group LLC to sell Australian gas and electricity retailer Alinta Energy in a deal worth about A$4 billion ($3.54 billion), three sources close to the transaction told Reuters news service.

Retailer Ann signs confidentiality agreement with Golden Gate

Women’s apparel retailer Ann Inc said it had entered into a confidentiality agreement with private equity firm Golden Gate Capital, a month after some hedge funds pushed the company to sell itself, according to news service Reuters.

Online home goods retailer Wayfair valued at $3 billion in debut

Wayfair Inc’s shares rose as much as 27 percent in their market debut on Thursday, Oct. 2, valuing the online home furnishings retailer at about $3.06 billion, according to sister news service Reuters.

Sycamore Partners mulls bid for retailer Express

Buyout shop Sycamore Partners said it was interested in acquiring apparel retailer Express Inc and asked the company to allow it to perform due diligence.

ICV seeks to sell Marshall Retail Group again

ICV Partners, which has been fundraising, has put Marshall Retail Group up for sale, two sources said.

Carlyle Group's David Rubenstein hints at initiative for retail investors

David Rubenstein, co-founder and co-CEO of the Carlyle Group, and a proponent of the democratization of private equity, suggested this week his firm was working on a fresh offering aimed at retail investors.

Middle Market Deal Of The Year: Seasonal Halloween retailer grows into category killer

The summer of 2007 stood out as a time of frothy acquisitions for buyout firms. But among all the mega-deals being done, the sale that year of mid-sized retailer Spencer Spirit Holdings Inc to a U.S.-based fund of ACON Investments LLC didn’t attract much attention.

KKR's retail investing chief has left company

Retailers take advantage of hot U.S. loan market

Red-hot institutional demand for U.S. leveraged loans has produced a string of aggressive deals for fashion retail companies, including an aggressive buyout financing backing buyout firm Sycamore Partners’s takeover of The Jones Group apparel company, sister service Thomson Reuters Loan Pricing Corp reported.