Sun Capital, Golden Gate to buy Eddie Bauer
November 13, 2006,
Redmond, Wash. – Eddie Bauer will be acquired by a holding company controlled by Sun Capital Partners and Golden Gate Capital for a transaction in cash and debt assumption totaling approximately $614 million.
Among Sun Capital's current affiliated portfolio companies are Mervyn's, ShopKo Stores, Lillian Vernon, Marsh Supermarkets, Anchor Blue Retail Group, Dim Branded Apparel, and Most. Among Golden Gate Capital's current investments is Catalog Holdings, a $1.1 billion revenue direct marketer of women's apparel whose brands include Spiegel, Newport News, Appleseed's, Norm Thompson, Drapers and Damons, Venus, and Haband, among other titles. Other consumer products investments include Herbalife, Eye Care Centers of America, Neways, and Leiner Health Products.
In soft home, Eddie Bauer home textiles are produced by JLA via a licensing agreement.
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