Apax RSS: Retail & Consumer News

rue21 enters into definitive agreement to be acquired by funds advised by Apax Partners for $42.00 per share in cash

Thu, 23 May 2013 10:53:22 GMT

Represents 42% Premium to 90-Day Volume Weighted Average Price

Independent Special Committee to Conduct "Go-Shop" Process

Company Expects To Report First Quarter 2013 Diluted EPS of $0.44 per Share

Apax completes acquisiton of Cole Haan

Fri, 01 Feb 2013 18:38:28 GMT

Funds advised by Apax Partners, a global private equity firm, today announced that they have completed the previously announced acquisition of Cole Haan LLC, a leading designer and retailer of premium footwear and related accessories, from NIKE, Inc.

Apax Funds reach agreement to sell LR Health & Beauty Systems

Tue, 08 Jan 2013 16:51:33 GMT

Funds advised by Apax Partners ('Apax Funds') have reached an agreement to sell LR Health & Beauty Systems ('LR') to a consortium. The consortium consists of private equity firms Bregal Capital and Quadriga Capital. LR is a strongly growing company, which markets cosmetics, personal hygiene products, dietary supplements, perfumes and jewellery through the direct sales channel.

Apax agrees to acquire Cole Haan

Thu, 15 Nov 2012 11:02:53 GMT

Funds advised by Apax Partners today announced that they have entered into a definitive agreement to acquire Cole Haan LLC, a leading designer and retailer of premium footwear and related accessories, from NIKE, Inc. for $570 million in cash. The transaction is expected to close in early 2013.

Funds advised by Apax Partners acquire Golden Jaguar in China

Mon, 25 Jul 2011 17:23:49 GMT

Subsidiaries of Funds advised by Apax Partners today announced that they have completed the acquisition of Golden Jaguar restaurant chain in the People's Republic of China.

Apax Funds to Acquire Majority Interest in Advantage Sales and Marketing LLC

Mon, 24 Jan 2011 15:09:09 GMT

Funds advised by Apax Partners, one of the world's leading private equity investment groups, today announced they have agreed to acquire a majority interest in Advantage Sales & Marketing LLC (ASM), North America's premier sales and marketing agency, from J.W. Childs Associates, L.P. and BAML Capital Partners (Merrill Lynch Global Private Equity).

Apax Partners reaches definitive agreement to sell Tommy Hilfiger Group to Phillips-Van Heusen for €2.2 billion

Fri, 19 Nov 2010 16:59:04 GMT

Funds advised by Apax Partners today announced a definitive agreement to sell Tommy Hilfiger Group to Phillips-Van Heusen Corporation for a total consideration of approximately €2.2bn ($3.0bn), including €1.924bn ($2.6bn) in cash and €276m ($380m) in Phillips-Van Heusen common stock.

Apax divests partial stake in rue21, inc.

Fri, 19 Nov 2010 16:59:03 GMT

Funds advised by Apax Partners today announced the completion of the February 25, 2010 secondary public offering of 6,053,877 shares of common stock of rue21, inc. at a price of $28.50 per share.

Apax Partners and Consortium sell Somerfield to The Co-Operative Group

Fri, 19 Nov 2010 16:58:56 GMT

A consortium including funds advised by Apax Partners, one of the world’s largest private equity firms, Barclays Capital, and R20 today announces it has completed the sale of Somerfield to The Co-Operative Group for £1.565bn. The transaction marks a successful exit for the consortium.

Violet Acquisitions announces the sale of Somerfield to the Co-Operative Group

Fri, 19 Nov 2010 16:58:53 GMT

The shareholders of Violet Acquisitions Limited, which include funds advised by Apax Partners, Barclays Capital, the Tchenguiz Family Trust and Kaupthing, have today agreed the sale of Somerfield Limited to the Co-Operative Group for £1.565bn.

Voluntary Public Tender Offer for D+S europe AG published

Fri, 19 Nov 2010 16:58:51 GMT

Pyramus S.à r.l., a company based in Luxembourg and controlled by funds advised by Apax Partners Worldwide LLP, today published the bidding document for its Voluntary Public Tender Offer to the shareholders of D+S europe AG.

Apax supports the growth strategy of D+S europe AG as new core share-holder

Fri, 19 Nov 2010 16:58:50 GMT

Apax offers D+S europe shareholders EUR 13.00 per share in the context of a Voluntary Public Tender Offer (in accordance with § 29 WpUEG). After the signing of a capital increase and including shares secured through SPA and Irrevocable undertakings, Apax will hold a total of 27% of the diluted share capital.

Consortium comprising funds advised by Apax Partners & Mivtach Shamir acquires Tnuva for $1.025 billion

Fri, 19 Nov 2010 16:58:45 GMT

The acquisition of a majority stake in Tnuva by funds advised by Apax Partners and Mivtach Shamir group was completed on 07 January 2008 at a value of $1.025 billion.

European Commission clears acquisition of CBR by funds managed by EQT

Fri, 19 Nov 2010 16:58:19 GMT

The European Commission has cleared EQT V Fund's proposed acquisition of women's clothing designer CBR Group from funds managed by Apax Partners and Cinven Limited.

Apax Partners and Cinven sell fashion group CBR to EQT

Fri, 19 Nov 2010 16:58:11 GMT

Apax Partners and Cinven Limited today announce that they have signed an agreement to sell German fashion group CBR - in which they are equal shareholders - to EQT V.

Funds advised by Apax Partners acquire Plantasjen from EQT

Fri, 19 Nov 2010 16:58:00 GMT

Funds advised by Apax Partners today announced the acquisition of Plantasjen, a Nordic operator of garden centres, from funds advised by EQT Partners.

Funds advised by Apax Partners and Permira announce the closing of the Sisal acquisition

Fri, 19 Nov 2010 16:57:58 GMT

Giochi Holding S.p.A., a company controlled by private equity funds advised by Permira and Apax Partners, today announced the successful completion of the acquisition of Area Giochi Holding S.p.A., a company that controls 97% of the share capital of Sisal S.p.A., valued by the buyers at approximately 900 million Euros.

Apax Partners’ funds complete acquisition of Tommy Hilfiger Corporation. Shareholders to receive $16.80 per share

Fri, 19 Nov 2010 16:57:53 GMT

Tommy Hilfiger Corporation announced today the completion of the acquisition of the Company by funds advised by Apax Partners.

Tommy Hilfiger Corporation announces agreement to be acquired by Funds advised by Apax Partners for $16.80 per share or approximately $1.6 billion

Fri, 19 Nov 2010 16:57:47 GMT

Tommy Hilfiger Corporation and Apax Partners, a leading global private equity firm, announced today a definitive agreement under which Funds advised by Apax Partners will acquire Tommy Hilfiger Corporation in a merger at a price of $16.80 per share in cash, representing a transaction value of approximately $1.6 billion.

Somerfield Plc completion of acquisition by Violet Acquisitions Limited

Fri, 19 Nov 2010 16:57:46 GMT

Further to the announcement on 20 December 2005, the Court Orders sanctioning the Scheme and confirming the Capital Reduction have been delivered to the Registrar of Companies and, in respect of the Capital Reduction, been registered. The Scheme has now become effective and the entire issued share capital of Somerfield is owned by Violet Acquisitions Limited.

Apax Partners’ Funds announce the successful completion of the acquisition of Panrico

Fri, 19 Nov 2010 16:57:44 GMT

Funds advised by Apax Partners, today announced the successful closing of the acquisition of 100% of the share capital of Panrico, S.A. from the Costafreda Family, Caixa Holding, BancSabadell and other minority shareholders.

Apax Partners’ Funds to acquire Grupo Panrico

Fri, 19 Nov 2010 16:57:42 GMT

Funds advised by Apax Partners today announced an agreement to acquire a majority shareholding in Panrico, S.A. from the Costafreda Family, La Caixa and other minority shareholders.

Saunders Karp & Megrue completes recapitalisation of Bob's Discount Furniture

Fri, 19 Nov 2010 16:57:35 GMT

Saunders Karp & Megrue, in partnership with the existing management team, announced today the completion of the recapitalisation of Bob's Discount Furniture, a leading New England based retailer of home furnishings at everyday low prices.