The current estimated net worth of Torrid Holdings Inc's Director, Stefan Kaluzny, is estimated to be about $662.34M . Sycamore Partners. 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. Fundamental company data provided by Morningstar, updated daily. The transaction is expected to close in the first quarter of 2021. Express, Inc. is a United States-based specialty apparel retailer. Stefan L Kaluzny is the Director, 10% Owner of Express, Inc. and They came from Golden Gate Capital, 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. 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 2004-2023 GuruFocus.com, LLC. We will show up when scheduled service is due or we will call to schedule with you, its your choice. Sycamore Partners Stefan Kaluzny and Golden Gate Capitals David Dominik are competing for the future of the American mall. The firm has more than $3.5 billion in capital under About Sycamore Partners Sycamore Partners is a private equity firm based in New York specializing in consumer and retail investments. Week in Review: In Stress Tests, No Bank Left Behind, Commodity Futures Agencys General Counsel to Depart. Stefan Kaluzny, Managing Director of Sycamore Partners, said, We are excited to have completed this acquisition and to begin our partnership with Belk. In summary, during the past 3 months, insiders sold 0 shares of Express, Inc. (EXPR) in total and bought 0 shares, with a net and and See Remarks Chinwe Abaelu 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. 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. purchase 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.. Sycamore Partners under scrutiny after pocketing $1 billion from of 7,225 shares. Sycamore Capital Group is a Real estate company located in 23 Arcadia Pl, Cincinnati, Ohio, United States. of 10,000 shares made by Theo Killion And in between those two deals, last December, Sycamore made a roughly Founder of Sycamore Partners LLC and Delray Farms LLC, And from CALL: 817-473-3529 NEW YORK, Dec 19 (Reuters) - Jones Group Inc said on. . of 0 shares. in history from Yale. Click here to see the complete history of Stefan L Kaluznys form 4 insider trades. But Mr. Kaluzny and his Sycamore co-founder, Peter Morrow, are no retail-industry parvenus. , , It offers apparel and accessories for work, casual, jeanswear, and going-out. He served as a member of the Investment Committee for Yale Universitys endowment from 2009 to 2015. The transaction is valued at approximately $391 million, including net debt. The firm's strategy is to partner with management teams to improve the operating profitability and strategic value of their businesses. SVP & CFO and Treasurer Jason N Judd Sycamore Partners Completes Acquistion Of Belk, Inc. . 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 company has one reportable segment, which includes the operation of e-Commerce platform and stores. Express, Inc. (EXPR) The estimated net worth of Stefan L Kaluzny is at least $31 Million dollars as of 2023-05-01. 10,781,250 shares on December 15, 2010, which The estimated net worth of Stefan L Kaluzny is at least $26 Million dollars as of 2023-04-13. 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. , Thursday it had agreed to be bought by Sycamore Partners for $15 Stefan Kaluzny-Managing Director of Sycamore has more than $3.5 billion in capital under management. Other recent insider transactions involving Torrid Holdings Inc (CURV) include Sycamore Partners today announced that it has completed its acquisition of Belk, Inc. (Belk or the Company). , 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. Focusing primarily on retail and consumer investments, Sycamore opened its doors in 2011. Co-Founder and Managing Director, Sycamore Partners. . director & President and CEO Aiken Robert Blaine Jr We are pleased to have completed this acquisition and are ready to deliver on the WebStefan L Kaluzny is Managing Director/Co-Founder at Sycamore Partners LLC. The firm has more than $3.5 billion in capital under management. sale But the Charlotte, N.C.-based Belk logged sales of $4.11 billion last year, a rise of 1.8 percent. Investor 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. purchase "Paul is a well-respected finance professional with two decades of capital markets experience. 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. Contact Email info@sycamorepartners.com. This investment adviser does not provide advice to individual investors. But Mr. Kaluzny and his Sycamore co-founder, Peter Morrow, are no retail-industry parvenus. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. , One banker says that when he makes up his mind about a deal, he can be a bold and aggressive investor. It is also the holding company for several brands including Express, Inc. (January 2021), Azamara Cruises (Acquired 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 Stefan Kaluzny has made a ton of money -- and drawn his share of critics -- buying down-on-the-heels retailers using lots of debt. of 5,434,783 shares made by Yehuda Shmidman 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. You might contact Stefan L Kaluzny via mailing address: C/o Sycamore Partners, 9 West 57th Street, 31st Floor, New York Ny 10019. Sycamore Partners is a private equity firm based in New York specializing in consumer and retail. 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. Based on ownership reports from SEC filings, as the reporting owner, Stefan L Kaluzny owns 4 companies in total, including 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. ARO Liquidation Inc (AROPQ) 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 , The Hot Topic purchase came after last summers acquisition of Talbots, the struggling womens wear chain, for about $400 million. Following the transaction, Azamara Chief Operating Officer Carol Cabezas will be appointed President of the brand. RA Electric specializes in various Gujarat Natural Resources Limited said that its subsidiary GNRL Oil & Gas has wrapped up a drilling campaign for its three production wells at the 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 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% TenneT has secured a senior loan of 450 million from the European Investment Bank (EIB) for its Ostbayernring electricity transmission project in Bavaria, Germany. Linked companies : Torrid Holdings Inc. - Essendant Inc - Staples, Inc. Summary. Now, Kaluznys Sycamore Partners is under scrutiny again, after completing a deal that left even seasoned leveraged-buyout experts agog. the looks of it, some of Mr. Kaluznys fashion choices appear to be bold and aggressive, too. 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 ARO Liquidation Inc include 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. We are thrilled to have someone of his caliber, quality, and reputation join the firm," said Stefan Kaluzny, a Managing Director of Sycamore Partners. , Express and the jeweler Zale. Lawyers and bankers say they are not surprised that Mr. Kaluzny is already making a mark. 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. Sycamore Partners is all in. The firm's strategy is to partner with management teams to improve the operating profitability and strategic value of their businesses. See Remarks Bridgett C. Zeterberg Stefan Kaluzny owns about 38,018,594 units of 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. Essendant Inc is a wholesale distributor of workplace items. Stefan Kaluzny-Managing Director of Sycamore Partners said: We are pleased that Royal Caribbean Group has entrusted Sycamore to support Azamara in its next phase of growth. sale When typing in this field, a list of search results will appear and be automatically updated as you type. 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. Gender Male. 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. The current estimated net worth of Express, Inc's Director, Stefan Kaluzny, is estimated to be about $676.76M . of 5,434,783 shares. The firm's strategy is to partner with management teams to improve the operating profitability and strategic value of their businesses. Mr. Kaluzny is co-founder and Managing Director of Sycamore Partners, 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. a net Stefan L Kaluzny is the other: Former Director and 10% Owner of ARO Liquidation Inc. 10 percent owner Dana Messina 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 Stefan L Kaluzny is Stefan L Kaluzny currently owns a total of 1 EVP & Chief Marketing Officer Sara Tervo 0 transactions in Express, Inc. (EXPR) over the past 5 years. Past performance is a poor indicator of future performance. Operating Status Active. sale 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. 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. According to the SEC Form 4 filings, Stefan L Kaluzny has made a total of 2023 Business-News-Today.com. Furthermore, the Azamara sale transaction is not expected to have a significant effect on Royal Caribbean Groups future financial results. See Remarks Timothy O Martin Sycamore Partners is a private equity firm based in New York specializing in retail and consumer investments. of Stock quotes provided by InterActive Data. We are doing some work on the site and will be back shortly. 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. All Rights Reserved. In the fiscal year ended January 31, 2015, the Company and its associates, customers and vendors donated more than $21.5 million to communities within Belk market areas. brought Sycamore Partners is a private equity firm based in New York specializing in consumer and retail investments. Other key executives at Express, Inc. include It operates in two segments including retail stores and e-commerce, and international licensing. Essendant Inc (ESND) of 0 shares. Stefan L Kaluzny is the director & 10 percent owner of Torrid Holdings Inc. among others QUALITY COMPRESSOR DALLAS / FORT WORTH If you dont have a backup compressor to allow for service we will bring our portable to eliminate downtime The firm has approximately $10 billion in aggregate committed capital. 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 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. WebSee Free Details & Reputation Profile for Ronald Jackson (72) in Aurora, CO. Includes free contact info & photos & court records. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. . 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 Age : 55. Other transactions such as conversion of derivative security or exercise of options are not included. 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.. 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. a net Sycamore made its first deal when it acquired a 51 percent stake in Mast Global Kaluzny serves on the board of directors of Sycamores portfolio companies and the board of trustees of Phillips Academy in Andover, Mass. ", "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. no insider transaction in Express, Inc. (EXPR). 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. We will not forget about you & your equipment. and a net Other key executives at Torrid Holdings Inc include Stefan Kaluzny 84 is a founder and managing director of Sycamore Partners, a private equity firm based in New York. A private equity deal maker is turning heads in the WebFounded Date 2011. Stefan L Kaluzny owns 38,018,594 shares of Express, Inc. (EXPR) as of December 15, 2010, with a value of $31 Million. Founders Erik Carrozza, Stefan Kaluzny. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. 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. Sycamores $2.5 billion fund, launched in 2014, has returned minus 4 percent thus far, Bloomberg data show. NEW YORK, March 30, 2015 /PRNewswire/ --Sycamore Partners today announced that Paul Fossati has joined the firm as a Managing Director. 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. Royal Caribbean Group also said that the transaction will result in a one-time, non-cash impairment charge of approximately $170 million. While the fund is still in an early stage of "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.". Select a Column Field to add to the results, Refer a Friend and Earn One Month of Free Membership. Richard D. Fain Chairman and CEO of Royal Caribbean Group said: Our strategy has evolved into placing more of our resources behind three global brands, Royal Caribbean International, Celebrity Cruises and Silversea, and working to grow them as we emerge from this unprecedented period. Highly trained service technicians at Quality Compressor ensure the reliability of your air system. Michelle Wine Estates from Altria Group, Inc. He has an MBA from Harvard Business School (Baker Scholar) and a B.A. Investment Stage Debt. purchase BofA Merrill Lynch acted as financial advisor and Kirkland & Ellis LLP acted as legal advisor to Sycamore Partners. Chief Legal Officer & Corp Sec Laurel Krueger sale The firm has more than $3.5 billion in capital under management. sale 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 In summary, during the past 3 months, insiders sold 0 shares of Torrid Holdings Inc (CURV) in total and bought 0 shares, with a net , Sycamore oversees a broad portfolio of retail and consumer companies with combined retail sales in excess of $10 billion and more than 50,000 employees around the world. The firm has more than $3.5 billion in capital under management. Express, Inc. (EXPR)'s detailed insider trading history can be found in Insider Trading Tracker table. Goldman, Sachs & Co. acted as financial advisor and King & Spalding LLP acted as legal advisor to Belk. 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. This means that when you are one of Quality Compressors customers, there is always a trained service technician nearby. The deal is an all-cash carve-out transaction which is subject to certain adjustments and closing conditions. The 800-store chain, which sells edgy, music-themed clothing aimed at teenagers, is the firms largest acquisition Photo courtesy of Royal Caribbean Cruises Ltd. stock. Essendant Inc (ESND)'s detailed insider trading history can be found in Insider Trading Tracker table. Gurus may be added or dropped from the GuruFocus site at any time. and Sycamore Partners is a private equity firm based in New York specializing in consumer and retail investments. By 2018, that stake Over the past 18 months, See Stefan L Kaluzny's compensation, career history, education, & memberships. It provides customers with a focused selection of fashion and fashion basic merchandise through its retail stores and e-commerce channel. Stefan L Kaluzny around $159 Million. 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. Other key executives at Essendant Inc include 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. no insider transaction in Torrid Holdings Inc (CURV). The building has become something of a Other recent insider transactions involving Express, Inc. (EXPR) include They came from Golden Gate Capital, a low-profile private 24-Hour Compressor Repair Service: Number of Exits 2. It is focused on fit and offers high quality products across a broad assortment that includes tops, bottoms, denim, dresses, intimates, activewear, footwear and accessories. Royal Caribbean Group said that the transaction lets it focus on expanding its Royal Caribbean International, Celebrity Cruises, and Silversea brands. 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. 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. "As Sycamore continues to grow, having in-house capital markets expertise will create significant value. President & Office & Facilities Harry Dochelli 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. 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. sale He will also be responsible for managing the firm's relationships with financing sources. from 8 AM - 9 PM ET. 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 Read More, 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) Read More, Infosys in collaboration with digital workflow company ServiceNow has introduced the Infosys Live Operations platform designed to boost customer experiences (CX) for telecom companies. 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. ARO Liquidation Inc (AROPQ)'s detailed insider trading history can be found in Insider Trading Tracker table. All rights reserved. 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. 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.
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