Private Equity

The Morning Leverage: Brentwood Lands Preppy Clothing Retailer

by blogs.wsj.com posted 5years ago 1027 views
<p>Brentwood Associates is getting preppy. The firm<a href="http://pevc.dowjones.com/article?an=DJFLBO0120151106ebb6mwfqt&amp;from=NL&amp;mod=djem_DJFLBO&amp;pid=15&amp;ReturnUrl=http%3a%2f%2fpevc.dowjones.com%2farticle%3fan%3dDJFLBO0120151106ebb6mwfqt%26from%3dNL%26mod%3ddjem_DJFLBO%26pid%3d15?mod=WSJBlogs" 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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