Kinbow LLC Acquires Majority Stake in Ashley Stewart, Inc.
April 1, 2024
Kinbow LLC has acquired a majority stake in Ashley Stewart, Inc. from ASI Holdco, LLC. Kinbow — an affiliate of RA Capital owned by Ram Ajjarapu — plans to continue operating Ashley Stewart's brick-and-mortar stores and e-commerce business and retain the retailer's management team as it expands its position in the value fashion retail market.
- Buyers
- Kinbow LLC, RA Capital
- Targets
- Ashley Stewart, Inc.
- Sellers
- ASI Holdco, LLC
- Industry
- Retail
- Location
- New Jersey, United States
- Transaction Type
- Buyout
Explore More
Build a buyer list for your deal
Find active buyers from recent acquisition patterns and move straight into outreach.