Regent Acquires Zulily from Qurate Retail
May 24, 2023
Regent, a Los Angeles-based investment firm, has acquired Zulily from Qurate Retail as part of Qurate's portfolio optimization under its Project Athens strategy. The divestiture allows Qurate Retail to focus on its core video-commerce assets and improve liquidity while Regent aims to reposition Zulily as an independent, growth-focused online retailer.
- Buyers
- Regent
- Targets
- Zulily
- Sellers
- Qurate Retail, Inc.
- Industry
- Retail
- Location
- Washington, United States
- Transaction Type
- Divestiture
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