Announced
Completed
Financials
Tags
Majority
Single Bidder
Clothing and Accessories
Private
lifestyle brand
Private Equity
Completed
United States
Acquisition
Friendly
Synopsis
Private equity firm The Invus Group completed the acquisition of Ashley Stewart, a global lifestyle brand for plus size women’s fashion, from Clearlake Capital Group and FirePine Group. Financial terms were not disclosed. "We see in Ashley Stewart an iconic brand with an incredibly loyal and growing customer base. We are excited to partner with James, Kristen and the rest of the management team to support the customer-first, omnichannel strategy that has catapulted Ashley Stewart into becoming a next generation, multi-channel retail leader," Jonas Fajgenbaum, Invus Managing Director.
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