Announced

Altamont Capital Partners to acquire INTERMIX from Gap.

Synopsis

Altamont Capital Partners, a private equity firm, agreed to acquire INTERMIX, a provider of apparel, from Gap, an apparel retail company. Financial terms were not disclosed. “Altamont shares our vision for accelerated growth, best-in-class customer experience and an entrepreneurial team culture. We are entering this partnership with great momentum, and with the investment from Altamont Capital Partners, INTERMIX will be poised to shape the future of multi-brand retail," Jyothi Rao, INTERMIX CEO.

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