Ascena Retail Group - M&A Summary and Business Overview

RetailCompany

Ascena Retail Group M&A Summary

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%).

Ascena Retail Group Business Overview

Where is Ascena Retail Group headquartered?

Ascena Retail Group is headquartered in Mahwah, New Jersey.

What is Ascena Retail Group’s revenue?

Ascena Retail Group disclosed revenue of 5,493M USD for 2019 and 6,578M USD for 2018.

How many employees does Ascena Retail Group have?

Ascena Retail Group has 14,000 employees.

What sector is Ascena Retail Group in?

Ascena Retail Group is a retail company.

When was Ascena Retail Group founded?

Ascena Retail Group was founded in 1962.

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 3
  • 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 ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 4 - - - - - 4
vol $3.5B $3.5B
Sell (0.2/yr) # 1 1 - - - - 2
  6

Most Recent M&A

Company Date Value Type
Ascena Retail - Ann Taylor, LOFT, Lou & Grey and Lane Bryant 2020-12-23 - Divestiture
Mahwah, New Jersey
Maurices, Inc. 2019-03-25 - Divestiture
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 -
  Ohio 1 157M - -
  New York 1 2.2B - -
  Pennsylvania 1 890M - -
  New Jersey - - 1 -
Total 4 $3.5B 2 -

Top M&A Advisors

Financial Deals
Guggenheim Securities
 3
BofA Securities
 3
Goldman Sachs
 1
Legal Deals
Proskauer Rose LLP
 4
Kirkland & Ellis
 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%)

Company Summary

SECTOR

Retail

Revenue

5,493   17% 2019
6,578   2% 2018
6,650   5% 2017
6,995   46% 2016
4,802   1% 2015
4,790   2% 2014
4,714   2013
(millions of USD) Show More Show Less

Employees

14,000

Established

1962

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