M&A Deal Summary

TJX Acquires Sierra Trading Post

On December 21, 2012, TJX acquired retailer Sierra Trading Post for 200M USD

Acquisition Highlights
  • This is TJX’s 3rd transaction in the Retail sector.
  • This is TJX’s 2nd largest (disclosed) transaction.
  • This is TJX’s 3rd transaction in the United States.
  • This is TJX’s 1st transaction in Wyoming.

M&A Deal Summary
Date 2012-12-21
Target Sierra Trading Post
Sector Retail
Buyer(s) TJX
Deal Type Add-on Acquisition
Deal Value 200M USD
Advisor(s) Harris Williams & Co. (Financial)

Target

Sierra Trading Post

Cheyenne, Wyoming, United States
website
Sierra Trading Post is an off-price Internet retailer based in Cheyenne, Wyoming.

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Buyer(S) 1

Buyer

TJX

Framingham, Massachusetts, United States

website

Category Company
Founded 1956
Sector Retail
Employees320,000
Revenue 41.7B USD (2020)
DESCRIPTION
Entrance to TJX's corporate headquarters in Framingham, Massachusetts.
Entrance to TJX's corporate headquarters in Framingham, Massachusetts.

TJX are a collection of discount retail stores focused on apparel and home furnishings. Its brands include T.J. Maxx, Marshalls, HomeGoods, Winners, HomeSense, T.K. Maxx, and Sierra Trading Post. TJX was formed in 1956 and is based in Framingham, Massachusetts.

DEAL STATS #
Overall 3 of 5
Sector (Retail) 3 of 5
Type (Add-on Acquisition) 2 of 2
State (Wyoming) 1 of 1
Country (United States) 3 of 3
Year (2012) 1 of 1
Size (of disclosed) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-08-19 Bob s Stores

Meriden, Connecticut, United States

Bob's Stores LLC is an apparel and footwear retailer that offers the entire family a wide range of brands at affordable prices in casual fashion, denim, activewear, team wear, and footwear. It provides families in the Northeastern U.S. with a broad selection of such leading national brands as Timberland, Carhartt, Champion, Under Armour, adidas, Skechers, Levi’s, and others. Bob's Stores was formed in 1954 and is based in Meriden, Connecticut.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-28 Trade Secret

Botany, Australia

Trade Secret is an online off-price retailer that enables users to shop for apparel, footwear, accessories and home fashions.

Buy AU$80M
Mergr

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