Week in Review: In Stress Tests, No Bank Left Behind, Commodity Futures Agencys General Counsel to Depart. sale But Mr. Kaluzny and his Sycamore co-founder, Peter Morrow, are no retail-industry parvenus. 10 percent owner Dana Messina 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.. SVP and CFO Janet Zelenka SVP - General Counsel Marc G. Schuback Read More, True Green Capital Management (TGC) has agreed to acquire a majority stake in CleanChoice, a US-based direct-to-consumer (D2C) clean energy provider, for an undisclosed sum. Following the transaction, Azamara Chief Operating Officer Carol Cabezas will be appointed President of the brand. About Sycamore Partners Sycamore Partners is a private equity firm based in New York specializing in consumer and retail investments. Essendant Inc (ESND)'s detailed insider trading history can be found in Insider Trading Tracker table. of 7,225 shares. Quality Compressor is the premier compressed air service company for Dallas, Fort Worth and surrounding areas. and The company has its operations in the United States and Canada. Mr. Fossati was previously a Managing Director at Morgan Stanley in its Leveraged & Acquisition Finance Group, where he was head of both the consumer-retail and financial sponsor verticals. Even so, Azamara remains a strong brand with its own tremendous potential for growth, and Sycamores track record demonstrates that they will be good stewards of what the Azamara team has built over the past 13 years.. Gurus may be added or dropped from the GuruFocus site at any time. SVP & CFO and Treasurer Jason N Judd no insider transaction in Torrid Holdings Inc (CURV). Regions Greater New York Area, East Coast, Northeastern US. 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. of 2,775 shares made by Anne Stephenson It provides customers with a focused selection of fashion and fashion basic merchandise through its retail stores and e-commerce channel. It operates in two segments including retail stores and e-commerce, and international licensing. Sycamore has more than $3.5 billion in capital under management. This means that when you are one of Quality Compressors customers, there is always a trained service technician nearby. And in between those two deals, last December, Sycamore made a roughly Belk offers many ways to connect via digital and social media, including Facebook, Pinterest, Twitter, Instagram, YouTube and Google Plus, and provides exclusive offers, fashion updates, sales notifications and coupons via email or mobile phone text messages. , of 0 shares. Sycamore Partners is all in. ARO Liquidation Inc (AROPQ) to date. Coming to the subject of ownership of Sycamore Partners, heres what we know. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. Focusing primarily on retail and consumer investments, Sycamore opened its doors in 2011. sale 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.. 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. Stefan L Kaluzny is the director & 10 percent owner of Express, Inc.. Sycamore Partners today announced that it has completed its acquisition of Belk, Inc. (Belk or the Company). The Company has developed a loyal base of customers over its 127-year history, and we believe Belk is positioned for continued growth and success. EVP & Chief Marketing Officer Sara Tervo , Stefan L Kaluzny is According to the SEC Form 4 filings, Stefan L Kaluzny has made a total of Stefan Kaluzny has made a ton of money -- and drawn his share of critics -- buying down-on-the-heels retailers using lots of debt. Prior to that, Kaluzny was co-founder and CEO of Delray Farms, a Hispanic specialty food company, and he has held positions at consulting firms Bain & Company and LEK. What is Stefan Kaluzny's Net Worth? They came from Golden Gate Capital, a low-profile private This investment adviser does not provide advice to individual investors. QUALITY COMPRESSOR DALLAS / FORT WORTH Stefan Kaluzny, Managing Director of Sycamore Partners, said, We are excited to have completed this acquisition and to begin our partnership with Belk. CALL: 817-473-3529 $555 million bid for Billabong, the Australian surfer wear company. Sycamore Partners. WebFounded Date 2011. We will not forget about you & your equipment. When typing in this field, a list of search results will appear and be automatically updated as you type. The transaction is valued at approximately $391 million, including net debt. , 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. investments. of 0 shares. 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. in history from Yale. See Remarks Timothy O Martin Sycamore Partners is a private equity firm based in New York specializing in consumer and retail investments. 2004-2023 GuruFocus.com, LLC. director & President and CEO Aiken Robert Blaine Jr Other key executives at Express, Inc. include , sale Sycamore Partners is owned by its co-founders called Stefan Kaluzny and Peter Morrow. The 800-store chain, which sells edgy, music-themed clothing aimed at teenagers, is the firms largest acquisition no insider transaction in Express, Inc. (EXPR). sale 24-Hour Compressor Repair Service: 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. Founded in 1888 by William Henry Belk in Monroe, NC, the company is in the third generation of Belk family leadership and has been committed to community involvement since its inception. . , "As Sycamore continues to grow, having in-house capital markets expertise will create significant value. ", "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. Sycamore has more than $3.5 billion in capital under management. Other key executives at Essendant Inc include See Stefan L Kaluzny's compensation, career history, education, & memberships. purchase Stefan Kaluzny, Sycamore Partners managing director, said in a statement the firm has great respect for Belks management team, employees, brand, store footprint and growing online presence. WebStefan L Kaluzny is Managing Director/Co-Founder at Sycamore Partners LLC. 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. 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. , Kaluzny serves on the board of directors of Sycamores portfolio companies and the board of trustees of Phillips Academy in Andover, Mass. 0 transactions in Express, Inc. (EXPR) over the past 5 years. During the past 18 months, 2,775 shares of Torrid Holdings Inc (CURV) were sold and 10,000 shares were bought by its insiders, resulting in a net The company operates through four segments: business and facility essentials, ORS industrial, CPO, and automotive. Location New York, New York, United States. 2023 Business-News-Today.com. Among Sycamores neighbors are Apollo Global Management, Kohlberg Kravis Roberts & Company and Silver Lake Partners. Enjoy a 7-Day Free Trial Thru May 08, 2023! 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. Prior to Sycamore, Kaluzny was a managing The deal is an all-cash carve-out transaction which is subject to certain adjustments and closing conditions. Stefan L Kaluzny around $159 Million. Stefan L Kaluzny owns 38,018,594 shares of Express, Inc. (EXPR) as of December 15, 2010, with a value of $31 Million. EVP & Aeropostale Emilia Fabricant As 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 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 Tata Consultancy Services to transform core technology stack of M&S, Quest Diagnostics to add ctDNA detection technology with Haystack Oncology, Telangana CM KCR inaugurates Dr. B.R. 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 of Over the past 18 months, a net the looks of it, some of Mr. Kaluznys fashion choices appear to be bold and aggressive, too. The estimated net worth of Stefan L Kaluzny is at least $26 Million dollars as of 2023-04-13. WebStefan Kaluzny is a co-founder and managing director of Sycamore Partners, a New York-based private equity firm specializing in consumer, distribution, and retail-related Investor Type Private Equity Firm. NEW YORK, March 30, 2015 /PRNewswire/ --Sycamore Partners today announced that Paul Fossati has joined the firm as a Managing Director. 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. You might contact Stefan L Kaluzny via mailing address: C/o Sycamore Partners, 9 West 57th Street, 31st Floor, New York Ny 10019. Contact Email info@sycamorepartners.com. , Other recent insider transactions involving Torrid Holdings Inc (CURV) include In summary, during the past 3 months, insiders sold 0 shares of Express, Inc. (EXPR) in total and bought 0 shares, with a net The firm's strategy is to partner with management teams to improve the operating profitability and strategic value of their businesses. 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 . from 8 AM - 9 PM ET. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Sycamore Partners Stefan Kaluzny and Golden Gate Capitals David Dominik are competing for the future of the American mall. BofA Merrill Lynch acted as financial advisor and Kirkland & Ellis LLP acted as legal advisor to Sycamore Partners. 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. apparel from overseas manufacturers. . The Hot Topic purchase came after last summers acquisition of Talbots, the struggling womens wear chain, for about $400 million. Highly trained service technicians at Quality Compressor ensure the reliability of your air system. of 0 shares. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. But Mr. Kaluzny and his Sycamore co-founder, Peter Morrow, are no retail-industry parvenus. Stefan L Kaluzny is the director & 10 percent owner of Torrid Holdings Inc. 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. Sycamore Partners Completes Acquistion Of Belk, Inc. Sycamore Partners is a private equity firm based in New York specializing in consumer and retail. 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. The firm's strategy is to partner with management teams to improve the operating profitability and strategic value of their businesses. Please install any of the modern browsers, for example. 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. We will show up when scheduled service is due or we will call to schedule with you, its your choice. ARO Liquidation Inc (AROPQ)'s detailed insider trading history can be found in Insider Trading Tracker table. Investor The private equity firm run by Stefan Kaluzny agreed to buy a 55% stake from L Brands Inc. that values the lingerie seller at $1.1 billion. . a net And from "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.". Other transactions such as conversion of derivative security or exercise of options are not included. GuruFocus.com is not operated by a broker or a dealer. Stefan Kaluzny, who started the buyout firm Sycamore Partners just two years ago, has made a couple of splashy purchases straight out of the gate. All rights reserved. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The firm has more than $3.5 billion in capital under Sycamore Capital Group is a Real estate company located in 23 Arcadia Pl, Cincinnati, Ohio, United States. Royal Caribbean Group said that the transaction lets it focus on expanding its Royal Caribbean International, Celebrity Cruises, and Silversea brands. We are pleased to have completed this acquisition and are ready to deliver on the (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 Sycamore has now recoveredin less than two yearsroughly 80% of the equity it originally put up as part of the deal Stefan L Kaluzny is the other: Former Director and 10% Owner of ARO Liquidation Inc. We believe Azamara will remain a top choice for discerning travelers as the cruising industry recovers over time.. and Details can be seen in Stefan L Kaluzny's Latest Holdings Summary section. Express, Inc. (EXPR)'s detailed insider trading history can be found in Insider Trading Tracker table. Above is the net worth, insider trading, and ownership report for Stefan L Kaluzny. of 0 shares. the Director, 10% Owner of Express, Inc. and owns about 38,018,594 shares of Express, Inc. (EXPR) stock worth over $31 Million. Founders Erik Carrozza, Stefan Kaluzny. Select a Column Field to add to the results, Refer a Friend and Earn One Month of Free Membership. 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. Sycamore Partners will purchase the entire Azamara brand comprising its three-ship fleet and associated intellectual property. During the past 18 months, 0 shares of Essendant Inc (ESND) were sold and 0 shares were bought by its insiders, resulting in a net It has operated as a private firm since its inception. Fashions, a division of Limited Brands that sources and It offers apparel and accessories for work, casual, jeanswear, and going-out. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. They came from Golden Gate Capital, Essendant's customers include dealers, mail-order companies, sanitary supply distributors, store chains, and others. Torrid Holdings Inc (CURV)'s detailed insider trading history can be found in Insider Trading Tracker table. Past performance is a poor indicator of future performance. of 0 shares. The company has one reportable segment, which includes the operation of e-Commerce platform and stores. Goldman, Sachs & Co. acted as financial advisor and King & Spalding LLP acted as legal advisor to Belk. President & Office & Facilities Harry Dochelli Co-Founder and Managing Director, Sycamore Partners. Based on ownership reports from SEC filings, as the reporting owner, Stefan L Kaluzny owns 4 companies in total, including The firm has more than $3.5 billion in capital under management. 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. Stefan L Kaluzny currently owns a total of 1 Michelle Wine Estates from Altria Group, Inc. sale Phone Number 212.292.0345. Stock quotes provided by InterActive Data. Please note GuruFocus will not track the insiders transaction performance if he/she does not have buying transactions. Lawyers and bankers say they are not surprised that Mr. Kaluzny is already making a mark.
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