Golden Gate Buys J. Jill For $75M

Holman, Kelly
June 2009
Mergers & Acquisitions Report;6/15/2009, Vol. 22 Issue 24, p16
The article announces that Talbots Inc. will sell its J. Jill retail chain to San Francisco buyout firm Golden Gate Capital for 75 million U.S. dollars. The business will be acquired under the entity named Jill Acquisition LLC. Under the deal, Golden Gate will handle 204 store leases from J. Jill's 279 locations It is noted that the financial adviser for Talbots will be Moelis & Co.


Related Articles

  • Jill to be Ann's more casual sister.  // SCTXtra;2/13/2006, Vol. 11 Issue 6, p1 

    The article presents information on the fate of the J. Jill Group Inc.'s retail stores after being acquired by Talbots Inc. As both the brands of women's clothing cater to different clienteles, with J.Jill Inc. specializing in sports apparel for older women, and Talbots serving the conservative...

  • GOLDEN GATE GETS J. JILL. TIERNEY, JIM // Multichannel Merchant (Penton Media, Inc.);Jul2009, Vol. 5 Issue 7, p7 

    The article reports on the acquisition of J. Jill by private equity firm Golden Gate Capital from women's apparel merchant Talbots on June 8, 2009. In February 2006, Talbots acquired J. Jill for $517 million, however, Golden Gate Capital only purchased the assets for $75 million. The acquisition...

  • J. Jill sale: Omen for women's wear?  // SCTWeek;6/12/2009, Vol. 14 Issue 24, p3 

    The article reports that Talbots Inc. has agreed to sell J. Jill Group Inc. chain and all its brand assets to an affiliate of private equity firm Golden Gate Capital for $75 million. Talbots CEO Trudy Sullivan said the company intends to focus on attracting younger shoppers. Howard Davidowitz,...

  • M&A Watch.  // Apparel Magazine;Jan2006, Vol. 47 Issue 5, p10 

    The article offers news briefs related to mergers and acquisitions in the apparel industry. Liz Claiborne Inc. was shaking things up at press time with its latest offer to purchase J. Jill Group Inc. In November, Liz offered what it reported was a premium price in excess of 40 percent of the...

  • Golden Gate Buys Norm Thompson. Young, Vicki M. // WWD: Women's Wear Daily;3/14/2006, Vol. 191 Issue 55, p16 

    The article reports on the acquisition of women's specialty catalogue firm Norm Thompson Outfitters by San Francisco, California-based private equity firm Golden Gate Capital in March 2006. Norm Thompson Outfitters offers a wide selection of apparel and accessories through its catalogue, retail...

  • Talbots takes J. Jill. Del Franco, Mark // Multichannel Merchant (Penton Media, Inc.);Mar2006, Vol. 2 Issue 3, p7 

    Reports on the decision of The Talbots to purchase J. Jill. Plans of Talbots for J. Jill; Background information on Talbots; Significance of the acquisition of J. Jill for Talbots. INSET: The ties that bind.

  • Brand Expansion. Moin, David // WWD: Women's Wear Daily;6/18/2007, Vol. 193 Issue 129, Special Section p16 

    The article focuses on the acquisition J. Jill Group Inc. by Talbots Inc. Any acquisition must be consistent with Talbots' mission to be the dominant specialty retailer for women. While Talbots emphasizes tailored and structured casual and career clothes with clean silhouettes for women, J. Jill...

  • Retail Giant. Young, Vicki M. // WWD: Women's Wear Daily;6/18/2007, Vol. 193 Issue 129, Special Section p18 

    The article provides information on Aeon Co. Ltd. and its relationship with Talbots Inc. Aeon, based in Chiba, Japan, operates retailers primarily in Japan. In 2006, Aeon, as majority owner of Talbots, bought the J. Jill Group for $517 million, in a deal in which Talbots acquired all of the...

  • Talbots purchases rival J. Jill.  // DSN Retailing Today;2/27/2006, Vol. 45 Issue 4, p4 

    The article reports that Talbots has signed an agreement to acquire rival women's retail chain J. Jill Group Inc. in New York. The acquisition deal was valued at approximately 517 million dollars. Talbots will buy all outstanding shares of J. Jill for 24.05 dollars per share. The consolidation...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics