Brentwood Associates has announced that it has acquired a majority stake in Sundance Holdings Group, a multi-channel retailer of women’s apparel and accessories. Selling shareholders, including ACI Capital and Webster Capital, will retain a minority ownership stake, and the business will remain under the leadership of current president and CEO Matey Erdos. “Brentwood brings tremendous […]
retail
Leonard Green & Partners and TPG Invest in Savers
Savers, Inc., a privately-held thrift store chain, today announced that definitive agreements have been executed with Leonard Green & Partners and TPG to recapitalize the company in partnership with Savers’ Chairman Thomas Ellison and the management team. The company’s recapitalization follows a successful six-year partnership with investment firm Freeman Spogli & Co. Thomas Ellison, son […]