Retail Acquisitions in Washington

Erik, Pete, Jamie Nordstrom and other members of the Nordstrom family, together with Mexican retailer El Puerto de Liverpool, completed an all-cash acquisition of Nordstrom, Inc. at $24.25 per share. The transaction delists Nordstrom from the NYSE and transfers control to the Nordstrom family and Liverpool, with Erik and Pete Nordstrom named Co-CEOs.

Sur La Table has acquired Seattle Coffee Gear in an asset purchase to expand its specialty coffee retail offerings and reach the engaged coffee community with national retail distribution. Seattle Coffee Gear, founded in 2005/2006 and headquartered in Lynnwood, Washington, will continue to provide in-house equipment service and expert guidance now backed by Sur La Table's national presence.

Fleet Feet has acquired South Sound Running's two retail locations in Olympia and Puyallup, which will re-open as Fleet Feet Olympia and Fleet Feet Puyallup in early 2025. Local Fleet Feet franchisees Wade and Julie Pannell — who operate six other Washington stores — will operate the locations following the retirement sale by founders Greg Klein and Joan Marchioro.

Camping World Holdings, Inc. announced it will acquire Halterman's RV in the greater Seattle/Tacoma market, with the transaction expected to close in the third quarter of 2023. The deal is intended to strengthen Camping World’s Tacoma parts and accessories presence and add an experienced RV sales team to bolster local sales of Keystone RV and other brands.

Camping World Holdings, Inc. announced it will acquire Roy Robinson RV Center in Marysville, Washington, with the deal expected to close in Q3 2023. The acquisition expands Camping World's Washington footprint to seven locations and adds a large service operation with over 24 service bays and a collision center.

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.

RV Retailer, LLC (RVR) has completed the acquisition of Appleway RV, adding two stores in Pasco and Spokane Valley/Liberty Lake, Washington. The deal expands RVR's presence in the Pacific Northwest and makes RVR the largest new RV dealer in Washington by new RV sales.

GrowGeneration Corp. announced the acquisition of Hoagtech Hydroponics, a hydroponic equipment and indoor gardening store in Bellingham, Washington. The deal expands GrowGeneration's Pacific Northwest footprint, adds a 25,000 sq. ft. warehouse and a commercial customer base, and brings Hoagtech founder Dan Hoag and his team of eight cultivation experts into GrowGen.

Authentic Brands Group (ABG) and SPARC Group have agreed to purchase Eddie Bauer from PSEB Group, an operating company owned by Golden Gate Capital. ABG will own Eddie Bauer's intellectual property while the brand's core operating business will be integrated into SPARC's portfolio; Eddie Bauer will remain headquartered in the Seattle area under current President Damien Huang. The deal (expected to close by June 1, 2021) is intended to expand the brand's global reach and accelerate omnichannel and e‑commerce growth; no financial terms were disclosed.

GrowGeneration Corp. (NASDAQ: GRWG) acquired Indoor Garden & Lighting, a two-store hydroponic equipment and indoor gardening supply chain serving the Seattle–Tacoma area. The deal expands GrowGen's Pacific Northwest footprint, consolidates its existing Seattle operation into the acquired stores, and brings the company closer to Tacoma's commercial growers.

Rite Aid Corporation has agreed to acquire family-owned Bartell Drugs in a $95 million transaction. Bartell Drugs will continue to operate under its name across 67 Seattle-area stores, expanding Rite Aid's presence in the greater Seattle market and complementing its pharmacy and health services.

West Coast Tire Pro, Inc. acquired Tires 2 You LLC, a Renton, Washington-based operator of two Big O Tires franchise locations. The deal closed July 19, 2017; financial terms and the selling party were not disclosed. Generational Equity advised Tires 2 You on the sale.

Good Vibrations, a long-standing sexual wellness retailer based in San Francisco, has entered into an agreement to acquire Babeland, the queer- and feminist-founded sex-positive retailer headquartered in Seattle. The acquisition, driven in part by the founders' decision to step away, will combine both brands' retail footprints and education programs while keeping both brand identities intact; closing is expected in early August subject to customary conditions.