Versa Capital acquired Alex Apparel Group from Atlantic Street Capital.

Versa Capital acquired Alex Apparel Group, a leading designer and wholesaler of better- and moderate-priced social dresses and separates, from private equity firm Atlantic Street Capital. Financial terms were not disclosed. Colleen Kelly, Chief Executive Officer of Alex Apparel, said: “We are excited to partner with Versa to continue the strong trajectory of our business. Versa provides us with the tools and resources to advance our strategy underpinned by our longstanding commitment to providing women with high quality classic-social eveningwear that accentuates their beauty.”