Kingswood Capital Management Acquires Cost Plus World Market from Bed Bath & Beyond
January 19, 2021
Kingswood Capital Management has completed its acquisition of Cost Plus World Market from Bed Bath & Beyond. The Alameda, California–headquartered specialty home goods retailer (approximately 245 stores and a robust e-commerce channel) will operate independently under Kingswood leadership, with Alexander W. Smith joining as Executive Chairman; acquisition financing was provided by Wells Fargo, Bank of America and Callodine Commercial Finance.
- Buyers
- Kingswood Capital Management, LP
- Targets
- Cost Plus World Market
- Sellers
- Bed Bath & Beyond Inc.
- Industry
- Retail
- Location
- California, United States
- Transaction Type
- Buyout
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