Sycamore Partners Acquires Chico's FAS, Inc.

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.

Francisco Partners Completes Acquisition of Sumo Logic

May 12, 2023

Cloud & SaaS

Francisco Partners completed its acquisition of Sumo Logic, a SaaS analytics platform for observability and security, for $12.05 per share in cash. The deal was valued at approximately $1.7 billion and will take Sumo Logic private, with its NASDAQ listing ending.

Sycamore Partners Acquires Ste. Michelle Wine Estates from Altria Group

October 1, 2021

Food & Beverage

Sycamore Partners, a New York-based private equity firm, has completed its acquisition of Ste. Michelle Wine Estates from Altria Group. Ste. Michelle, the largest wine company in the Pacific Northwest with brands including Chateau Ste. Michelle, 14 Hands and Columbia Crest, will operate as an independent, privately held company under Sycamore to pursue growth and expand its premium wine portfolio.

Sycamore Partners Acquires Azamara from Royal Caribbean Group

March 19, 2021

Transportation

Sycamore Partners completed an all-cash purchase of the Azamara brand, including its three-ship fleet and associated intellectual property, from Royal Caribbean Group for $201 million. Royal Caribbean divested Azamara to focus on its core brands while Sycamore aims to support and grow the upmarket cruise line.

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

December 23, 2020

Retail

Sycamore Partners, through affiliate Premium Apparel LLC, completed the purchase of the Ann Taylor, LOFT, Lou & Grey and Lane Bryant brands from ascena retail group as part of Ascena’s Chapter 11 restructuring. Premium Apparel committed to retaining a substantial portion of the brands’ retail stores, associates and corporate operations as Sycamore expands its retail portfolio.

Sycamore Partners Acquires Pure Fishing from Newell Brands

January 7, 2019

Consumer Products

Sycamore Partners completed its acquisition of Pure Fishing from Newell Brands on Jan. 7, 2019. The PE firm said it will support Pure Fishing’s portfolio of global consumer brands and named Harlan Kent as CEO to help accelerate growth following the carve-out from Newell.