An affiliate of Sun Capital Partners Inc. has completed its acquisition of Bonmarché, a U.K.-based women’s clothing retailer. Terms were not released.
PRESS RELEASE
We are pleased to announce that an affiliate of Sun Capital Partners, Inc. has completed the acquisition of Bonmarché through an administration process. The purchase price was bridged by an affiliate of Sun Capital Partners.
Bonmarché is the UK’s largest value retailer focused on selling affordable, quality womenswear in a wide range of sizes to women over 45 years old. Ranges include casual and formal separates, outerwear, swimwear, lingerie, nightwear and accessories. Headquartered in Wakefield, UK, the Company operates in an attractive niche of the apparel sector providing a large product selection with a good value-for-money proposition and a unique in-store service experience.
About Sun Capital: Sun Capital Partners is a leading private investment firm focused on leveraged buyouts, equity, debt and other investments in market-leading companies that can benefit from its in-house operating professionals and experience. Sun Capital affiliates have invested in over 290 companies worldwide since its inception in 1995, with combined sales in excess of $45 billion. Sun Capital has offices in Boca Raton, Los Angeles and New York, and affiliates in London, Frankfurt, Paris, Luxembourg, Shanghai and Shenzhen.
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