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Private Equity

Rockport Likely Sold To Private Equity Firm

by pymnts.com posted 1month ago 21 views
The Rockport Group, the ailing comfort shoe company, could soon have a new owner. Charlesbank Capital Partners LLC, a private equity firm, reportedly emerged as the only bidder in a planned bankruptcy auction for Rockport. Assuming a bankruptcy court approves, Charlesbank will spend $150 million. Rockport filed for Chapter 11 bankruptcy protection earlier this year. The […]

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