Private Equity

The Morning Leverage: Brentwood Lands Preppy Clothing Retailer

by posted 5years ago 1027 views
<p>Brentwood Associates is getting preppy. The firm<a href=";from=NL&amp;mod=djem_DJFLBO&amp;pid=15&amp;" target="_blank">has agreed to acquire Sea Island Clothiers Holding Inc.</a>, 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.</p>

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