Before joining Sycamore Partners, Kaluzny was a managing director at Golden Gate Capital, which he was with from its inception in 2000 until January 2011. 10 percent owner Dana Messina RA Electric specializes in various Read More, Gujarat Natural Resources Limited said that its subsidiary GNRL Oil & Gas has wrapped up a drilling campaign for its three production wells at the Read More, CVRx, a Maple Grove-based medical device company, has secured approval for its implantable technology Barostim Neo System from the US Food and Drug Administration Read More, UCO Bank has registered a net profit of INR 652.97 crores for the quarter ended 31 December 2022 (Q3FY23), which is a surge of 110.4% Read More, TenneT has secured a senior loan of 450 million from the European Investment Bank (EIB) for its Ostbayernring electricity transmission project in Bavaria, Germany. The firm has approximately $10 billion in aggregate committed capital from an investor base composed of leading endowments, financial institutions, family offices, pension plans, and sovereign wealth funds. Other key executives at Express, Inc. include Sycamore Partners is a private equity firm based in New York specializing in consumer and retail. purchase It derives revenue from the sales of apparel, accessories and other products, of which a majority of the revenue from the sale of apparel. WebStefan is a Founder and Managing Director of Sycamore Partners, a private equity firm specializing in consumer, distribution, and retail with approximately $10 billion in assets We are doing some work on the site and will be back shortly. Co-Founder and Managing Director, Sycamore Partners. We are known for prompt service, quality compressors, compressor parts & compressor accessories. investments. Chief Executive Officer of US Foods, has joined the firm as a Senior Advisor. In this capacity, he formed and independent United States and Canadian Retail Businesses. continued growth and development, said Stefan Kaluzny, Managing Director of Sycamore Partners. Mr. Fossati has 20 years of capital markets experience, including nearly nine years at Morgan Stanley, as well as previous positions in leveraged finance and investment banking at Goldman Sachs and Lehman Brothers. We will show up when scheduled service is due or we will call to schedule with you, its your choice. Number of Exits 2. GuruFocus.com is not operated by a broker or a dealer. The company has its operations in the United States and Canada. It maintains control over its brands by designing, sourcing, marketing and selling all of its own merchandise, other than in licensed stores outside the United States. He has an MBA from Harvard Business School (Baker Scholar) and a B.A. Sycamore raised a first fund in excess of $1 billion, an impressive sum for a fledgling firm in a challenging fund-raising environment. of 0 shares. For his 21st birthday in 2012, Hugh's father splashed a whopping 5million on a lavish bash with high-profile guests including Prince Harry. Investor Type Private Equity Firm. Sycamore made its first deal when it acquired a 51 percent stake in Mast Global ", "After working for years with the talented team at Sycamore Partners as my client, I am very excited to join the firm," Mr. Fossati said. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American, Sycamore Partners Completes Acquisition of Lowe's Canadian Retail Business. Enjoy a 7-Day Free Trial Thru May 08, 2023! Other transactions such as conversion of derivative security or exercise of options are not included. , This investment adviser does not provide advice to individual investors. Fundamental company data provided by Morningstar, updated daily. Regions Greater New York Area, East Coast, Northeastern US. In summary, during the past 3 months, insiders sold 0 shares of ARO Liquidation Inc (AROPQ) in total and bought 0 shares, with a net It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. Express, Inc. is a United States-based specialty apparel retailer. Lawyers and bankers say they are not surprised that Mr. Kaluzny is already making a mark. Sycamore Partners is owned by its co-founders called Stefan Kaluzny and Peter Morrow. Royal Caribbean Group, an American global cruise holding company, has entered into a definitive agreement to sell its Azamara brand to Sycamore Partners, a private equity firm, for $201 million. German wind turbine manufacturer Nordex Group has bagged an o contract for the 62.7MW Jurbarkas II wind farm in Lithuania from Green Genius, a part ExxonMobil and its Stabroek Block partner Hess Corporation have reached a final investment decision (FID) regarding the Uaru oil project, which will be developed with SunGrid Holdings, an affiliate of Hull Street Energy, has acquired California-based electrical services contractor RA Electric for an undisclosed price. The firm's investment portfolio currently includes Aeropostale, Coldwater Creek, Dollar Express, EMP Merchandising, Hot Topic, the Kasper Group, Kurt Geiger, MGF Sourcing, Nine West Holdings, Talbots and Torrid. and Quality Compressor is the premier compressed air service company for Dallas, Fort Worth and surrounding areas. The transaction is expected to close in the first quarter of 2021. Stefan L Kaluzny is the other: Former Director and 10% Owner of ARO Liquidation Inc. Stefan L Kaluzny made By 2018, that stake Sycamores $2.5 billion fund, launched in 2014, has returned minus 4 percent thus far, Bloomberg data show. Jones Group Inc said on Thursday it had agreed to be bought by Sycamore Partners for $15 per share, or $1.2 billion, the latest purchase of a fashion company by the private equity firm. Other key executives at Essendant Inc include gilded village housing many of the worlds largest private equity funds. In this role, Mr. Fossati will serve as Director of Capital Markets and will be responsible for all financings for new investments and for the firm's portfolio companies. Tata Consultancy Services (TCS) has announced an expanded partnership with Marks and Spencer (M&S) for transforming the core technology stack of the British retailer for Tech Mahindra has posted a decline of 25.8% in its profit after tax (PAT) for the fourth quarter of the fiscal year 2023 (Q4 FY23) Infosys in collaboration with digital workflow company ServiceNow has introduced the Infosys Live Operations platform designed to boost customer experiences (CX) for telecom companies. Other recent insider transactions involving Express, Inc. (EXPR) include Stefan L Kaluzny is the Director, 10% Owner of Express, Inc. and purchase Sycamore Partners is all in. , Investment Stage Debt. Express and the jeweler Zale. Over the past 18 months, , October 01, 2021 NEW YORK, Oct. 1, 2021 /PRNewswire/ -- Sycamore Partners, a private equity firm specializing in consumer, retail, and distribution investments, today announced that it has completed its acquisition of Ste. Stock quotes provided by InterActive Data. Essendant Inc (ESND) Highly trained service technicians at Quality Compressor ensure the reliability of your air system. sale The firm has more than $3.5 billion in capital under management. . Insiders are limited to only officers and/or directors of the company. President & Office & Facilities Harry Dochelli Stefan L Kaluzny made of 5,434,783 shares. Contact Email info@sycamorepartners.com. The firm has more than $3.5 billion in capital under Focusing primarily on retail and consumer investments, Sycamore opened its doors in 2011. The firm's strategy is to partner with management teams to improve the operating profitability and strategic value of their businesses. director & President and CEO Aiken Robert Blaine Jr Mr. Kaluzny is co-founder and Managing Director of Sycamore Partners, Sycamore Partners Stefan Kaluzny and Golden Gate Capitals David Dominik are competing for the future of the American mall. of 0 shares. The firm's strategy is to partner with management teams to improve the operating profitability and strategic value of their businesses. Phone Number 212.292.0345. Among Sycamores neighbors are Apollo Global Management, Kohlberg Kravis Roberts & Company and Silver Lake Partners. Sycamore Partners is a private equity firm based in New York specializing in consumer and retail investments. Goldman, Sachs & Co. acted as financial advisor and King & Spalding LLP acted as legal advisor to Belk. It is also the holding company for several brands including Express, Inc. (January 2021), Azamara Cruises (Acquired But the Charlotte, N.C.-based Belk logged sales of $4.11 billion last year, a rise of 1.8 percent. Sycamore Partners' Stefan Kaluzny has made a ton of moneyand drawn his share of criticsbuying down-on-the-heels retailers using lots of debt. (Getty Images) Sycamore has pulled off a $5.4 billion refinancing of Staples, which it bought in 2017, that funded a staggering $1 billion dividend to the private equity firm Investor , Sycamores $2.5 billion fund, launched in 2014, has returned minus 4 percent thus far, Bloomberg data show. of 10,000 shares made by Theo Killion You might contact Stefan L Kaluzny via mailing address: C/o Sycamore Partners, 9 West 57th Street, 31st Floor, New York Ny 10019. During the past 18 months, 0 shares of ARO Liquidation Inc (AROPQ) were sold and 0 shares were bought by its insiders, resulting in a net Based on ownership reports from SEC filings, as the reporting owner, Stefan L Kaluzny owns 4 companies in total, including The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. Following the transaction, Azamara Chief Operating Officer Carol Cabezas will be appointed President of the brand. Customers can also download the latest Belk mobile apps for the iPad, iPhone or Android. The current estimated net worth of Torrid Holdings Inc's Director, Stefan Kaluzny, is estimated to be about $662.34M . and During the past 18 months, 0 shares of Express, Inc. (EXPR) were sold and 5,434,783 shares were bought by its insiders, resulting in a net Mr. Kaluzny is co "As Sycamore continues to grow, having in-house capital markets expertise will create significant value. Stefan L Kaluzny owns 38,018,594 shares of Express, Inc. (EXPR) as of December 15, 2010, with a value of $31 Million. Torrid Holdings Inc is a direct-to-consumer brand of apparel, intimates and accessories in North America targeting the 25- to 40-year old woman. sale Fashions, a division of Limited Brands that sources Since acquiring Larimer Square in 1993, Jeffs leadership and placemaking expertise has transformed the block into one of the most recognized collections of independent boutiques and chef-driven restaurants in the state, consistently ranking , But Mr. Kaluzny and his Sycamore co-founder, Peter Morrow, are no retail-industry parvenus. Sycamore has more than $3.5 billion in capital under management. Stefan L Kaluzny currently owns a total of 1 Ambedkar Telangana State Secretariat, EarlyTect BCD test : Promis Diagnostics gets FDA breakthrough designation, Teva Pharmaceuticals, MedinCell get UZEDY FDA approval for schizophrenia, Gajendra Singh Shekhawat hit with FIR for calling Gehlot as Ravana, Gas leakage kills 11 at Ludhiana factory in Punjab, Platina Scandium Project : Rio Tinto to acquire scandium resource in NSW from Platina Resources, SEBI approves Reliance Industries acquisition of Big Bazaar and other businesses of Future Group, ONGC distributes solar chulhas in Betul district, Madhya Pradesh, BP to acquire American RNG producer Archaea Energy for $3.3bn, Tech Mahindra Q4 FY23 profit after tax drops by 26% to 1,118cr, Infosys Live Operations platform launched to boost CX for telecoms, Pernod Ricard to buy majority stake in American whiskey brand Skrewball, Nestl, PAI Partners to establish frozen pizza joint venture in Europe, Abbott closes $890m acquisition of Cardiovascular Systems, Arizonas Bancorp 34 and CBOA Financial to merge in $28m all-stock deal, Majors Management, Alimentation Couche-Tard to buy MAPCO Express assets in separate deals, Wipro Q4 FY2023 net income remains flat at 30.9bn, LTIMindtree bags digital transformation deal from Currys plc, TCG to acquire majority stake in D2C clean energy provider CleanChoice, Jurbarkas II wind farm in Lithuania : Nordex wins order from Green Genius, Uaru oil project : ExxonMobil takes FID on fifth project on Stabroek Block, SunGrid acquires electrical services contractor RA Electric, Gujarat Natural Resources wraps up drilling campaign at Kanwara field, FDA approves CVRx Barostim Neo System for advanced heart failure symptoms, Indian public sector bank UCO Bank Q3FY23 profit up by 110% to Rs 653cr, TenneT Ostbayernring electricity transmission project gets 450m loan from EIB, Catalent wins contract to manufacture AZD1222 COVID-19 vaccine candidate, NBCC (India) bags five construction contracts worth Rs 321.5cr. sale The current estimated net worth of Express, Inc's Director, Stefan Kaluzny, is estimated to be about $676.76M . The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. We will not forget about you & your equipment. Jones Group Inc said on Thursday it had agreed to be bought by Sycamore Partners for $15 per share, or $1.2 billion, the latest purchase of a fashion company by the private equity firm. The firm has approximately $10 billion in aggregate committed capital. It offers apparel and accessories for work, casual, jeanswear, and going-out. He will also be responsible for managing the firm's relationships with financing sources. Kaluzny serves on the board of directors of Sycamores portfolio companies and the board of trustees of Phillips Academy in Andover, Mass. of 0 shares. SVP and CFO Janet Zelenka no insider transaction in Express, Inc. (EXPR). and Essendant's customers include dealers, mail-order companies, sanitary supply distributors, store chains, and others. Now, Kaluznys Sycamore Partners is under scrutiny again, after completing a deal that left even seasoned leveraged-buyout experts agog. The building has become something of a SVP & CFO and Treasurer Jason N Judd And in between those two deals, last December, Sycamore made a roughly , ARO Liquidation Inc is a U.S based specialty retailer of casual apparel and accessories, serving young women and men through its Aeropostale stores and website. WebStefan L. Kaluzny has served as a member of our board of directors and its predecessor since 2013, and he has been chairperson of the board since July 2021. a net
Stefan Kaluzny 84 is a founder and managing director of Sycamore Partners, a private equity firm based in New York. WebStefan L. Kaluzny has served as a member of our board of directors and its predecessor since 2013, and he has been chairperson of the board since July 2021. NEW YORK, March 30, 2015 /PRNewswire/ --Sycamore Partners today announced that Paul Fossati has joined the firm as a Managing Director. Thank you for being patient. from 8 AM - 9 PM ET. , of 7,225 shares. We believe Azamara will remain a top choice for discerning travelers as the cruising industry recovers over time.. The cruise holding company said it will closely work with the private equity firm to ensure a smooth transition for Azamara employees, customers, and other stakeholders. The firm has approximately $10 billion in aggregate committed capital. Sycamore Partners was founded in 2011 by Stefan Kaluzny and Peter Morrow. Before Sycamore, Kaluzny was a Managing Partner at Golden Gate Capital and was employed since the firm's inception. of 2,775 shares made by Anne Stephenson The company operates through four segments: business and facility essentials, ORS industrial, CPO, and automotive. SVP - General Counsel Marc G. Schuback ARO Liquidation Inc (AROPQ)'s detailed insider trading history can be found in Insider Trading Tracker table. They came from Golden Gate Capital, a low-profile private ARO Liquidation Inc (AROPQ) of About Sycamore Partners Sycamore Partners is a private equity firm based in New York specializing in consumer and retail investments. fashion world. Mr. Fossati received his undergraduate degree in finance from the Wharton School of Business, where he graduated summa cum laude, and a JD from Harvard Law School, where he graduated magna cum laude. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Style., Tim Belk, chief executive officer of Belk, Inc., said, We are very pleased to complete this transaction with Sycamore Partners, which delivers meaningful value to all our stakeholders. Underscoring its grand ambitions, the firm took space on the 31st floor of 9 West 57th St., one New Yorks fanciest office towers with commanding views of Central Park. and WebJeff Hermanson is an award-winning placemaker, entrepreneur, and owner of Denvers iconic Larimer Square. Please install any of the modern browsers, for example. But the Charlotte, N.C.-based Belk logged sales of $4.11 billion last year, a rise of 1.8 percent. and The Wipro Q4 FY2023 results : Indian IT company Wipro has reported a net income of INR 30.93 billion ($376 million) for the fourth quarter of Indian tech firm LTIMindtree has bagged a multi-million-dollar deal from British consumer electronics company Currys plc to serve as the latters key digital transformation partner. Essendant Inc is a wholesale distributor of workplace items. . It has operated as a private firm since its inception. Southern. Charlotte, NC-based Belk, Inc. (www.belk.com) is the nation's largest family owned and operated department store company with 296 Belk stores located in 16 Southern states and a growing digital presence. Thursday it had agreed to be bought by Sycamore Partners for $15 Royal Caribbean Group also said that the transaction will result in a one-time, non-cash impairment charge of approximately $170 million. Essendant Inc (ESND)'s detailed insider trading history can be found in Insider Trading Tracker table. The estimated net worth of Stefan L Kaluzny is at least $26 Million dollars as of 2023-04-13. Past performance is a poor indicator of future performance. While at Golden Gate, Mr. Kaluzny played a leading role in a number of retail deals, including those for the clothing chain
Stefan Kaluzny, who started the buyout firm Sycamore Partners just two years ago, has made a couple of splashy purchases, including the $600 million deal for the retail chain Hot Topic. The firm has more than $3.5 billion in capital under management. The Hot Topic purchase came after last summers acquisition of Talbots, the struggling womens wear chain, for about $400 million. , The company's products are divided into categories including: janitorial and break-room supplies, such as foodservice, safety and security, and paper and packaging items; technology products, such as computer supplies; traditional office supplies, including writing instruments, paper products, organisers, and calendars; industrial supplies, such as hand and power tools, welding products, automotive tools, and equipment; and office furniture, including desks, storage solutions, and other furniture. WebPrimary Organization. Sinegal had a net worth of more than $120 million in 2005 largely due to his stake in the warehouse retailer, according to The New York Times. We are excited to partner with the Azamara team and build on their many years of success serving the brands loyal customers. The company also sells the products through its e-commerce website and mobile app, as well as through franchisees who operate company locations in Latin America according to the franchise agreements. What is Stefan Kaluzny's Net Worth? sale . Select a Column Field to add to the results, Refer a Friend and Earn One Month of Free Membership. Sycamore Partners is a private equity firm based in New York specializing in consumer and retail investments. When typing in this field, a list of search results will appear and be automatically updated as you type. Stefan L Kaluzny is Stefan Kaluzny owns about 38,018,594 units of But Mr. Kaluzny and his Sycamore co-founder, Peter Morrow, are no retail-industry parvenus. As Read More, US-based Catalent said that its subsidiary Catalent Biologics has bagged a contract to provide vial filling and packaging capacity to AstraZeneca at its manufacturing facility Read More, NBCC (India) Limited (formerly National Buildings Construction Corporation), an Indian government-owned enterprise, said that it has bagged five orders with a combined worth of around Read More. He served as a member of the Investment Committee for Yale Universitys endowment from 2009 to 2015. One banker says that when he makes up his mind about a deal, he can be a bold and aggressive investor. $555 million bid for Billabong, the Australian surfer wear company. The Read More, Wipro Q4 FY2023 results : Indian IT company Wipro has reported a net income of INR 30.93 billion ($376 million) for the fourth quarter of Read More, Indian tech firm LTIMindtree has bagged a multi-million-dollar deal from British consumer electronics company Currys plc to serve as the latters key digital transformation partner. "Paul is a well-respected finance professional with two decades of capital markets experience. Other key executives at ARO Liquidation Inc include See Remarks Bridgett C. Zeterberg EVP & Chief Marketing Officer Sara Tervo
a low-profile private equity firm based in San Francisco with a number of retail holdings. EVP & Aeropostale Emilia Fabricant WebSee Free Details & Reputation Profile for Ronald Jackson (72) in Aurora, CO. Includes free contact info & photos & court records. Royal Caribbean Group said that the transaction lets it focus on expanding its Royal Caribbean International, Celebrity Cruises, and Silversea brands. The firm's strategy is to partner with management teams to improve the operating profitability and strategic value of their businesses. Unfortunately, the browser you are using is outdated and does not display the site correctly. Our partnership with Sycamore will contribute to Belks continued success, and we look forward to leveraging Sycamores deep knowledge of the retail market to best serve our dedicated customers and provide even greater opportunities for our valued team members.. Read More, German wind turbine manufacturer Nordex Group has bagged an o contract for the 62.7MW Jurbarkas II wind farm in Lithuania from Green Genius, a part Read More, ExxonMobil and its Stabroek Block partner Hess Corporation have reached a final investment decision (FID) regarding the Uaru oil project, which will be developed with Read More, SunGrid Holdings, an affiliate of Hull Street Energy, has acquired California-based electrical services contractor RA Electric for an undisclosed price. "I look forward to partnering with our financing providers to help continue to drive the success and growth that Sycamore Partners has enjoyed since its founding.". . By submitting your information, you agree to receive updates, news and promotional materials from Robert F. Kennedy Human Rights in accordance with our privacy policy. a net a net As previously announced, under the terms of the transaction, Tim Belk is continuing to serve as CEO of Belk, and the Company continues to be headquartered in Charlotte, North Carolina. sale . Sycamore Partners today announced that it has completed its acquisition of Belk, Inc. (Belk or the Company). among others We look forward to working with Belks management team and associates as they build on the Companys legacy and continue to serve its customers and deliver Modern. Royal Caribbean Group to sell Azamara cruise brand to Sycamore Partners for $201m. All Rights Reserved. Sycamore Partners under scrutiny after pocketing $1 billion from Week in Review: In Stress Tests, No Bank Left Behind, Commodity Futures Agencys General Counsel to Depart.
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