Sycamore Partners Completes Acquisition Of Staples, Inc.
13 9월 2017 - 4:33AM
Business Wire
Sycamore Partners today announced that it has completed its
acquisition of Staples, Inc. (the “Company”).
"We are pleased to have completed this transaction and look
forward to partnering with CEO Shira Goodman and the Staples
management team as we seek to increase long-term profitability,"
said Stefan Kaluzny, Managing Director of Sycamore Partners. “With
the support of its dedicated associates, Staples is well-positioned
to leverage its iconic brand and leading competitive position to
drive even greater value for its business-to-business and retail
customers in the U.S. and Canada.”
“We are excited about the tremendous opportunities ahead for the
Company and our talented associates,” said Shira Goodman, Chief
Executive Officer and President, Staples, Inc. “We look forward to
benefitting from Sycamore Partners’ retail and wholesale experience
as we work together to deliver exceptional products, services and
expertise that enable businesses to work better.”
As a result of the completion of the merger, the common stock of
Staples will no longer be listed for trading on Nasdaq.
About Staples, Inc.Staples brings technology and people
together in innovative ways to consistently deliver products,
services and expertise that elevate and delight customers. Staples
is in business with businesses and is passionate about helping
businesses work better. Headquartered outside of Boston, Mass.,
Staples, Inc. operates primarily in North America. More information
about Staples is available at www.staples.com.
About Sycamore PartnersSycamore Partners is a private
equity firm based in New York specializing in consumer and retail
investments. The firm has more than $3.5 billion in capital under
management. The firm's strategy is to partner with management teams
to improve the operating profitability and strategic value of their
businesses. The firm's investment portfolio currently includes
Belk, Coldwater Creek, EMP Merchandising, Hot Topic, MGF Sourcing,
NBG Home, Nine West Holdings, Staples, Talbots, The Limited and
Torrid.
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version on businesswire.com: http://www.businesswire.com/news/home/20170912006697/en/
Contact for Staples, Inc.:Mark Cautela,
508-253-3832mark.cautela@staples.comorContact for Sycamore
Partners:Joele Frank, Wilkinson Brimmer KatcherMichael Freitag
or Arielle Rothstein, 212-355-4449
Staples, Inc. (NASDAQ:SPLS)
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Staples, Inc. (NASDAQ:SPLS)
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