Tag Archives: Sycamore Partners

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.

Morgan Stanley, Others Finance Sycamore’s The Jones Group Buy

Sycamore Partners announced it completed its acquisition of The Jones Group, valued at approximately $2.2 billion. Morgan Stanley, Jefferies, KKR Asset Management, MCS Capital Markets, Wells Fargo and Bank of America provided financing.