Ascena Retail Group Mergers and Acquisitions Summary

RetailCompany

Ascena Retail Group has acquired 4 companies. It has also divested 2 assets.

Ascena Retail Group’s largest acquisition to date was in 2015, when it acquired Ann for $2.2B. Ascena Retail Group has acquired in 4 different US states. The Company’s most targeted sectors include retail (100%).

Join Mergr and gain access to Ascena Retail Group’s M&A summary, the M&A summaries of companies just like it, as well as recent M&A activity in the retail sector.

M&A Summary

  • M&A Total Activity6
    • M&A Buy Activity4
    • M&A Sell Activity2
  • Total Sectors Invested 1
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 2
  • M&A Advisors 5

Ascena Retail Group

Ascena Retail Group, Inc.

933 MacArthur Boulevard,
Mahwah, New Jersey 07430
United States,
(551) 777-6700
www.ascenaretail.com

Ascena Retail Group is a specialty retailer of apparel for women and tween girls, operating, through its wholly-owned subsidiaries Maurices, Justice, Lane Bryant, and Catherines brands. The Company was established in 1962 and is based in Mahwah, New Jersey.


M&A Summary

Buy vs Sell

Year ≤ '17 '18 '19 '20 '21 '22 T
Buy (0.0/yr) # 4 - - - - - 4
vol $3.5B $3.5B
Sell (0.4/yr) # - - 1 1 - - 2
  6

Most Recent M&A

Company Date Value Type
Ascena Retail Group, Inc. - Ann Taylor, LOFT, Lou & Grey and Lane Bryant 2020-12-23 - Divestiture
Mahwah, New Jersey
Maurices Inc. 2019-03-25 - Stake Purchase
Duluth, Minnesota · www.maurices.com
Ann, Inc. 2015-05-18 2.2B USD Add-on Acquisition
New York, New York · www.anninc.com
Charming Shoppes, Inc. 2012-05-02 890M USD Add-on Acquisition
Bensalem, Pennsylvania · www.charmingshoppes.com
Tween Brands, Inc. 2009-06-25 157M USD Merger
New Albany, Ohio · www.tweenbrands.com
Maurices Inc. 2004-11-17 320M USD Add-on Acquisition
Duluth, Minnesota · www.maurices.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Retail 4 (100%) 3.5B (100%) 1 (50%) -
Apparel/Textiles - - 1 (50%) -
Total 4 $3.5B 2 -

By Geo

State/Country Buy Value Sell Value
United States 4 3.5B 2 -
  Minnesota 1 320M 1 -
  Pennsylvania 1 890M - -
  Ohio 1 157M - -
  New York 1 2.2B - -
  New Jersey - - 1 -
Total 4 $3.5B 2 -

Top M&A Advisors

Financial Deals
Bank of America Merrill Lynch (BofA Securities)
3
Guggenheim Securities
2
Goldman Sachs Investment Banking Division
1
Legal Deals
Proskauer Rose LLP
3
Kirkland & Ellis LLP
1

Deal Values

buy # Total
> $1B 1 $2.2B
$100M to $1B 3 $1.4B
TOTAL $3.5B
Largest Ann, Inc.
$2.2B (2015-05-18)

M&A Connections

Deals
Divested to
Investor(s)
100%
2 (100%)

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