Investment Summary |
|
|---|---|
| Date | 2013-01-24 |
| Target | Lord & Taylor |
| Sector | Retail |
| Investor(s) | Hudson s Bay |
| Sellers(s) | NRDC Equity Partners |
| Deal Type | Add-on Acquisition |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 1670 |
| Sector | Retail |
| Revenue | 9.4B CAD (2019) |
Hudson’s Bay operates approximately 250 department stores in the U.S. and Canada. The company owns a portfolio of 77 properties located in premium urban locations, both directly and through its joint ventures, including the Saks Fifth Avenue flagship store in New York. Hudson’s Bay Company offers an assortment of apparel, accessories, shoes, beauty products, and home merchandise through its three retail banners: Hudson’s Bay, Saks Fifth Avenue, and Saks OFF 5TH. Hudson's Bay was founded in 1670 and is based in Brampton, Ontario.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 5 |
| Sector: Retail M&A | 1 of 4 |
| Type: Add-on Acquisition M&A Deals | 1 of 4 |
| State: New York M&A | 1 of 3 |
| Country: United States M&A | 1 of 4 |
| Year: 2013 M&A | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-07-29 |
Saks
New York, New York, United States Saks Inc. operates 41 Saks Fifth Avenue stores and 67 Saks Fifth Avenue OFF 5TH stores throughout the United States and its online store, saks.com. Saks Fifth Avenue is a specialty retailer and is renowned for its American and international designer collections; its assortment of handbags, shoes, jewelry, cosmetics and gifts; and the fashion expertise and client service of its Associates. Saks Fifth Avenue OFF 5TH is a full-service destination for value-priced clothes and accessories for men, women, children and the home. |
Buy | $2.9B |
| Category | Private Equity Firm |
|---|---|
| Founded | 2006 |
| Size | Small |
| Type | Sector Focused |
NRDC Equity Partners is a private equity firm that acquires operating companies in the retail, leisure, lodging, and commercial real estate sectors. NRDC is interested in growth or turnaround opportunities and looks to invest $50 to $750 million of equity in acquisitions that require a total investment of $100 million to $5 billion. NRDC Equity Partners is a joint venture between National Realty & Development Corp. and Apollo Real Estate Advisors and is based in Purchase, New York.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector: Retail M&A | 2 of 2 |
| Type: Add-on Acquisition M&A Deals | 1 of 1 |
| State: New York M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2013 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-11-26 |
Hudson s Bay
Brampton, Ontario, Canada Hudson’s Bay operates approximately 250 department stores in the U.S. and Canada. The company owns a portfolio of 77 properties located in premium urban locations, both directly and through its joint ventures, including the Saks Fifth Avenue flagship store in New York. Hudson’s Bay Company offers an assortment of apparel, accessories, shoes, beauty products, and home merchandise through its three retail banners: Hudson’s Bay, Saks Fifth Avenue, and Saks OFF 5TH. Hudson's Bay was founded in 1670 and is based in Brampton, Ontario. |
Sell | - |
