TZP Group and Nuveen completed the acquisition of America's Thrift Stores from Alpine Investors.

TZP Group, a private equity firm, and Nuveen, an asset manager and wholly owned subsidiary of financial planning firm TIAA, completed the acquisition of America's Thrift Stores, a secondhand retailer and an emerging e-commerce operation, from Alpine Investors. Financial terms were not disclosed. "We're thrilled to partner with TZP and Nuveen to bring fresh ideas and approaches to grow our business. Our firms are aligned with common values and principles that will set us up well for success. We couldn't think of better investment partners to support our expansion efforts and enable America's Thrift to serve its stakeholders and communities," Ken Sobaski, America's Thrift CEO.