Sycamore Partners LLC

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Sycamore Partners is a private equity firm specialising in consumer and retail investments. The firm's strategy is to partner with management teams to improve the operating profitability and strategic value of their businesses. Founded in 2011, the firm is based in New York.

Portfolio Companies

Current

Staples Inc

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  • Mar.2019: Sycamore Partners preps Staples for future bankruptcy: Bloomberg reported that Sycamore Partners was looking to withdraw most of its cash investment through a recapitalisation effort, leaving Staples with about $1bn in additional debt.ref,ref
  • Sept.2017: The purchase of Staples Inc by Sycamore Partners was announced.ref,ref The transaction was finalised in Sept.
  • Nov.2016: Staples sold its 106 British stores to Hilco Capital for a "nominal" amount, as part of an effort to streamline its international operations following a failed merger with Office Depot. The Federal Trade Commission blocked the merger in Dec.2015.ref,ref
  • Apr.1998: Staples Inc acquired Quill Corporation, an online and catalog retailer of office supplies, plus related real estate.ref,ref

Historic

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