Sycamore Partners Affiliate Acquires Ann Taylor, LOFT, Lou & Grey and Lane Bryant from Ascena Retail Group

Sycamore Partners Acquires Chico's FAS, Inc.

January 5, 2024

Retail

Sycamore Partners, a New York-based private equity firm, completed the take-private acquisition of Chico's FAS, Inc. for $7.60 per share in an all-cash transaction valued at approximately $1 billion. The deal takes Chico's FAS, owner of the Chico's, White House Black Market and Soma brands, off the NYSE and positions Sycamore to pursue operational improvements and growth across the company's omnichannel retail footprint.

Sycamore Partners Acquires Lowe's Canadian Retail Business (RONA inc.)

February 3, 2023

Retail

Sycamore Partners has completed the acquisition of Lowe's Canadian retail business, which will operate as RONA inc., headquartered in Boucherville, Quebec. The business operates or services approximately 450 corporate and affiliated stores under banners including RONA, Lowe's, Réno-Dépôt and Dick's Lumber and employs roughly 26,000 people across Canada.

JCPenney and SPARC Group Combine to Form Catalyst Brands

January 13, 2025

Retail

JCPenney and SPARC Group have merged in an all-equity joint venture to create Catalyst Brands, consolidating six retail banners including JCPenney, Aéropostale, Brooks Brothers, Eddie Bauer, Lucky Brand and Nautica. The new Catalyst Brands — backed by shareholders Simon Property Group, Brookfield Corporation, Authentic Brands Group and Shein — launches from JCPenney’s Plano, Texas headquarters with broad omnichannel reach, approximately $9 billion of revenue, 1,800 stores and roughly 60,000 employees.

Sycamore Partners Acquires Playa Bowls

September 3, 2024

Restaurants & Hospitality

Sycamore Partners has acquired Playa Bowls, the rapidly expanding superfruit bowl franchise, from Tamarix Equity Partners and other investors including Pacific General. The transaction gives Sycamore control of the brand as it plans to accelerate franchise growth and open dozens of new locations nationwide; financial terms were not disclosed.

Marquee Brands Acquires Laura Ashley from Gordon Brothers

January 4, 2025

Consumer Products

Marquee Brands, a global brand accelerator, has acquired Laura Ashley from Gordon Brothers and will retain the brand's UK-based team while opening its first European headquarters in London. The deal expands Marquee Brands' portfolio of lifestyle and fashion brands, increases its global retail value to over $4 billion, and positions Laura Ashley for broader international distribution through Marquee's licensing and retail networks.

Branded Legacy, Inc. Acquires Sycamore BioPharma, Inc.

March 12, 2024

Biotechnology

Branded Legacy, Inc. (OTC.PK: BLEG) has acquired Sycamore BioPharma, Inc., a developer of plant-based pharmaceuticals, securing more than $2.0 million in assets, including approximately $500,000 of ready-to-sell inventory and key personnel to support clinical development. The deal expands Branded Legacy's manufacturing and extraction capabilities and strengthens its product portfolio and clinical trial resources.