Category: News

Ascena Enters APA with Sycamore Partners to Sell Ann Taylor, Loft and Others

Ascena Retail Group entered into an asset purchase agreement with Sycamore Partner’s affiliate, Premium Apparel, to sell Ann Taylor, LOFT, Lane Bryant and Lou & Grey brands for $540 million on a cash-free and debt-free basis.

Jacobs To Acquire Majority Stake in PA Consulting, Provide $975MM in Debt Financing

Jacobs is acquiring a 65% stake in PA Consulting and also providing debt financing in the form of a £650 million ($845 million) term loan and a revolving credit facility of up to £100 million ($130 million) to fund future growth.

A&M Adds Brazil’s Former Minister of Justice and Public Security as Managing Director

Alvarez & Marsal appointed Sergio Fernando Moro a managing director in its disputes and investigations group in São Paulo, Brazil. He has more than 20 years of legal and investigative experience, including serving as the minister of justice and public security of Brazil from 2019 to 2020.

Brightwood Capital Advisors Reappoints Archer Chief Credit Officer

Private investment firm Brightwood Capital Advisors appointed William W. Archer chief credit officer, a position he previously held from 2013 to 2015. Archer most recently served as a consultant to the Canadian Public Pension Investment Board and will be based in New York.