Brylane parent company acquired
Home & Textiles Today Staff -- Home Textiles Today, April 29, 2013
Boston - OneStopPlus Group, the parent company of online and catalog retailer Brylane Home, has been acquired by Charlesbank Capital Partners and Webster Capital from Redcats, owned by Paris-based luxury and sport & lifestyle group PPR.
The purchase price was not disclosed. The transcation was funded with both equity and debt, according to a release from the buyers.
In addition to Brylane, OSP includes four women's apparel lines, Woman Within, Roaman's, Jessica London and fullbeauty, as well as men's line King Size, the OneStopPlus.com online fashion mall and a clearance apparel website.
Andrew Janower, Charlesbank managing director, said OSP's business will grow through both organic growth and strategic acquisitions.
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