3i/Amor Group/Gilde Buy Out Partners: Represented 3i in its sale of Amor Group, the German market leader for affordable precious jewelry, to Gilde Buy Out Partners.
3i/Christ: Represented 3i in its acquisition of a majority stake in leading German jewelry and watch retailer Christ.
Access Industries/C Wonder LLC: Represented Access Industries, Inc. in connection with its extension of a $100 million revolving loan facility to J. Christopher Burch, the co-founder of Tory Burch LLC.
American Greetings Corporation: Represented Peter J. Solomon Company, financial advisor to the Special Committee of the Board of Directors of greeting card maker American Greetings, in its $878 million sale to the founding Weiss family in a going private transaction.
Bed Bath & Beyond Inc./Cost Plus, Inc.: Represented Peter J. Solomon Company, financial advisor to discount home furnishing chain Cost Plus, in the $495 million acquisition of Cost Plus by national home goods retailer Bed Bath & Beyond.
Bregal Freshstream/Radley: Represented Bregal Freshstream in its acquisition of iconic British handbag and accessories brand Radley.
CEPL/ID Logistics: Advised CEPL shareholder Arcapita in the contemplated restructuring and subsequent sale of CEPL, a provider of automated solutions for retail order fulfillment, to ID Logistics, a contract logistics specialist company. The firm’s work was recognized in 2014 by Option Finance as “M&A Deal of the Year.”
Chico’s FAS, Inc./Boston Proper Inc.: Served as counsel to Peter J. Solomon Company, financial advisor to women's retailer Chico’s, on Chico’s $205 million all-cash acquisition of Boston Proper Inc., a privately held direct-to-consumer retailer of distinctive women’s apparel and accessories.
Converse, Inc.: Involved in the sale of Converse, the sneaker company.
Dolce Vita Holdings, Inc./Steve Madden: Represented Dolce Vita Holdings, Inc., a privately held footwear company, in its acquisition by Steve Madden, a leading designer and marketer of footwear and accessories.
Doublemousse B.V. and Moussetrap/Ulta Salon, Cosmetics & Fragrance, Inc. (Ulta Beauty): Represented the selling shareholders, Doublemousse B.V. and Moussetrap, in their $676.2 million secondary offering of common stock of Ulta Beauty, a cosmetics retailer.
EQT Expansion Capital II/Internetstores Holding GmbH: Represented EQT Expansion Capital II in the sale of Internetstores Holding GmbH to SIGNA Retail.
Generation Investment Management/Unilever: Generation Investment Management, a Seventh Generation shareholder, in connection with Seventh Generation’s acquisition by Unilever.
GSO Capital Partners: Represented GSO Capital, one of the largest credit-focused alternative asset managers in the world and a lending affiliate of The Blackstone Group, in the arrangement of a $550 million second lien secured term loan facility to finance, in part, the acquisition of Belk, Inc. by private equity sponsor Sycamore Partners for approximately $2.7 billion.
Hampshire Group, Limited: Advised Hampshire Group, a leading U.S. provider of men’s sweaters, wovens and knits, and a designer and marketer of branded apparel on its M&A-related transactions with the following companies:
- Hampshire Group, Limited/LF USA/KBL Group International Ltd.: Advised Hampshire on the sale of its entire women’s wear business through two transactions with different buyers, part to LF USA, a subsidiary of Hong Kong-headquartered multinational Li & Fung Limited, and the remainder to KBL Group International Ltd.
- Rio Garment: Advised Hampshire on its $23 million acquisition of Rio Garment, a Honduras-based apparel manufacturer whose largest client is Aerospostale. The transaction—part cash, part stock and part assumption of liabilities—expanded Hampshire’s business, which was almost exclusively with department stores, into specialty stores.
Hudson’s Bay Company: Represented Hudson’s Bay Company, the Canadian owner of Saks Fifth Avenue, Lord & Taylor and other leading department stores in the following:
- in its €2.82 billion cross-border deal to acquire German department store chain Galeria Kaufhof, Galeria Inno (Belgian subsidiary) and Sportarena from METRO AG.
- in its $250 million acquisition of leading online shopping destination Gilt.
- in its $2.9 billion cross-border acquisition of iconic U.S. luxury retailer Saks Incorporated.
- in the formation of HBS Global Properties, a real estate-focused joint venture with Simon Property Group valued at $1.8 billion, and in its subsequent sales of $533 million and $50 million of its equity in HBS.
Jones Apparel Group: Advised Jones, a global designer, marketer and manufacturer of over 35 clothing, footwear and accessories brands, including Anne Klein, Jones New York, Gloria Vanderbilt, Kasper, Evan-Picone and l.e.i., among many others, on its public offering of 4.5 million shares of common stock.
Kenneth Cole/Kenneth Cole Productions, Inc.: Represented fashion designer, Chairman and Chief Creative Officer of Kenneth Cole Productions, Inc., Kenneth Cole, in his acquisition of the company, a going-private transaction with a total enterprise value of approximately $245 million.
Lagardère Travel Retail/Paradies: Represented French airport shop operator Lagardère Travel Retail in its $530 million agreement to acquire Paradies, a leading airport travel retailer in North America, from private equity firm Freeman Spogli & Co, the Paradies family and other shareholders, creating the second-largest travel retailer in North America.
Macquarie/Rossignol: Rpepresented Macquarie in its sale of iconic ski retailer Rossignol to a consortium including private equity firm Altor Equity Partners.
Men’s Wearhouse/Joseph Abboud: Advised the company in its acquisition of JA Holding, Inc., the parent company of Joseph Abboud ®, the iconic American clothing brand.
Men’s Wearhouse/Jos. A Bank: Represented The Men's Wearhouse in its acquisition of men’s retailer Jos. A. Bank Clothiers, Inc. for $65.00 per share in cash, or total consideration of $1.8 billion. The deal, which ended a six-month hostile takeover battle, results in a combined company that has more than 1,700 stores in the U.S., with approximately 23,000 employees. Leading up to the deal, we also represented Men’s Wearhouse in its January 2014 bid of $1.6 billion ($57.50 per share) for Jos. A. Bank and in its nomination of two independent directors for Jos. A. Bank’s board of directors. In February 2014, we represented Men’s Wearhouse in its increased bid of $1.78 billion ($63.50 per share) for Jos. A. Bank and in the commencement of its successful lawsuit to block Jos. A. Bank from its pending deal to acquire clothing retailer Eddie Bauer. Additionally, in October 2013 we represented Men’s Wearhouse in its rejection of Jos. A. Bank’s $2.3 billion unsolicited buyout bid for Men’s Wearhouse.
Palamon Capital Partners/dress-for-less GmbH: Represented Palamon Capital Partners, a European mid-market private equity firm, in its sale of online retailer dress-for-less to strategic buyer Privalia VentaDirecta, a leading online sales club for fashion brands headquartered in Barcelona, Spain.
Quelle Neckermann: Represented the German catalog retailer of fashion, furniture and arts in the takeover of its cargo and heavy consumer goods logistics by a subsidiary of Deutsche Post AG.
The Sterling Group/Liqui-Box: Represented The Sterling Group in its sale of Liqui-Box Corporation to funds managed by Olympus Partners.