M&A Deal Summary |
|
|---|---|
| Date | 2010-11-23 |
| Target | J. Crew |
| Sector | Apparel/Textiles |
| Buyer(s) |
TPG
Leonard Green & Partners |
| Deal Type | Going Private |
| Deal Value | 3.0B USD |
| Advisor(s) | Cleary Gottlieb Steen & Hamilton (Legal) |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1992 |
| PE ASSETS | 296.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
TPG Capital is a global, mega-sized private investment firm that manages a family of funds focused on private equity, real estate, venture capital, public equity and debt investing. TPG invests in opportunities across a broad range of industries and geographies. TPG generally seeks to invest in established businesses that can benefit from the Firm's operational experience and connections. Industries of interest include consumer, retail, healthcare, industrials, digital media, natural resources, energy, real estate, technology, and software. TPG was formerly known as Texas Pacific Group and was originally established in 1992 by David Bonderman, James Coulter and William Price. The Firm is based in Forth Worth, Texas with additional offices in Europe, Asia, and Australia.
| DEAL STATS | # |
|---|---|
| Overall | 164 of 451 |
| Sector: Apparel/Textiles M&A | 5 of 6 |
| Type: Going Private M&A Deals | 24 of 39 |
| State: Virginia M&A | 2 of 6 |
| Country: United States M&A | 112 of 298 |
| Year: 2010 M&A | 24 of 28 |
| Size (of disclosed) | 31 of 113 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2010-11-17 |
LPL Financial
San Diego, California, United States LPL Financial is the exclusive provider of investment advisory, marketing, administrative, distribution and information systems services to the largest independent financial advisor network in the United States. LPL Financial was founded in 1989 and is based in San Diego, California. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2010-12-08 |
China International Capital
Beijing, China China International Capital Corporation is a provider of financial services in Mainland China and internationally. Its business scope includes economic, securities, and market research, debt and equity issuance and underwriting, merger and acquisition advisory, equity sales, and trading, fixed income, principal investment, asset management, wealth management, private equity, and investment advisory. China International Capital Corporation was founded in 1995 and is based in Beijing, China. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1989 |
| PE ASSETS | 75.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Leonard Green & Partners is a mega-sized private equity firm that invests in established companies that are leaders in their respective markets. Leonard Green will consider investments in consumer and business services, consumer products, distribution, media, and retail. Typical transaction values for acquisitions are between $500 million and $2 billion, however, the firm is capable of closing transactions valued up to $5 billion. Types of transactions include public-to-private, recapitalizations of privately held businesses, growth capital, equity capital to facilitate acquisitions, turnarounds/restructurings, and acquisitions of divisions/assets from large corporations. Leonard Green & Partners was formed in 1989 and is based in Los Angeles, California.
| DEAL STATS | # |
|---|---|
| Overall | 34 of 107 |
| Sector: Apparel/Textiles M&A | 1 of 2 |
| Type: Going Private M&A Deals | 9 of 14 |
| State: Virginia M&A | 2 of 4 |
| Country: United States M&A | 33 of 99 |
| Year: 2010 M&A | 8 of 9 |
| Size (of disclosed) | 7 of 29 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2010-11-16 |
Cascade Bancorp
Bend, Oregon, United States Cascade Bancorp is a community bank in the Pacific Northwest operating under the name of Bank of the Cascades. Cascade offers full-service community banking through over 30 branches in Central Oregon, Southern Oregon, Portland/Salem and Boise/Treasure Valley. |
Buy | $177M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2010-12-23 |
JOANN
Hudson, Ohio, United States JOANN is a specialty retailer of fabrics. JOANN's retail stores and website feature a variety of competitively priced merchandise used in sewing, crafting, and home decorating projects. JOANN was founded in 1943 and is based in Hudson, Ohio. |
Buy | $1.6B |
