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Posted on: Nov. 9, 2015, 2:04 p.m.
Brentwood Associates is getting preppy. The firmhas agreed to acquire Sea Island Clothiers Holding Inc., a clothing retailer better known as J.McLaughlin, Lillian Rizzo reports. The deal received antitrust regulatory approval, according to a filing with the Federal Trade Commission. J.McLaughlin in 2011 sold a majority stake to JH Partners, Highland Consumer Fund and Palladin Consumer Retail Partners for an undisclosed amount. Venture firm Suffolk Equity is also a backer. Full investment news article