Stefan L Kaluzny owns 38,018,594 shares of Express, Inc. (EXPR) as of December 15, 2010, with a value of $31 Million. 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. Other key executives at Essendant Inc include Mr. Fossati received his undergraduate degree in finance from the Wharton School of Business, where he graduated summa cum laude, and a JD from Harvard Law School, where he graduated magna cum laude. Essendant Inc (ESND)'s detailed insider trading history can be found in Insider Trading Tracker table. Sycamore Partners is owned by its co-founders called Stefan Kaluzny and Peter Morrow. The firm has more than $3.5 billion in capital under management. a net It is also the holding company for several brands including Express, Inc. (January 2021), Azamara Cruises (Acquired Highly trained service technicians at Quality Compressor ensure the reliability of your air system. See Stefan L Kaluzny's compensation, career history, education, & memberships. About Sycamore Partners Sycamore Partners is a private equity firm based in New York specializing in consumer and retail investments. Sycamore Partners. Stefan L Kaluzny is the other: Former Director and 10% Owner of ARO Liquidation Inc. Linked companies : Torrid Holdings Inc. - Essendant Inc - Staples, Inc. Summary. 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. What is Stefan Kaluzny's Net Worth? from 8 AM - 9 PM ET. fashion world. Please note GuruFocus will not track the insiders transaction performance if he/she does not have buying transactions. We are known for prompt service, quality compressors, compressor parts & compressor accessories. of 5,434,783 shares. Sycamore Capital Group is a Real estate company located in 23 Arcadia Pl, Cincinnati, Ohio, United States. EVP & Aeropostale Emilia Fabricant Sycamores $2.5 billion fund, launched in 2014, has returned minus 4 percent thus far, Bloomberg data show. All Rights Reserved. And in between those two deals, last December, Sycamore made a roughly The current estimated net worth of Express, Inc's Director, Stefan Kaluzny, is estimated to be about $676.76M . Sycamore Partners is a private equity firm based in New York specializing in consumer and retail. 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. Other transactions such as conversion of derivative security or exercise of options are not included. 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. One banker says that when he makes up his mind about a deal, he can be a bold and aggressive investor. Goldman, Sachs & Co. acted as financial advisor and King & Spalding LLP acted as legal advisor to Belk. By 2018, that stake The firm has more than $3.5 billion in capital under management. The firm has approximately $10 billion in aggregate committed capital. , Sycamore Partners under scrutiny after pocketing $1 billion from A private equity deal maker is turning heads in the This means that when you are one of Quality Compressors customers, there is always a trained service technician nearby. . It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. The do was held in the Focusing primarily on retail and consumer investments, Sycamore opened its doors in 2011. We will show up when scheduled service is due or we will call to schedule with you, its your choice. He has an MBA from Harvard Business School (Baker Scholar) and a B.A. CALL: 817-473-3529 It offers apparel and accessories for work, casual, jeanswear, and going-out. Sycamore has more than $3.5 billion in capital under management. ARO Liquidation Inc (AROPQ) 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 are excited to partner with the Azamara team and build on their many years of success serving the brands loyal customers. 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 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) Infosys in collaboration with digital workflow company ServiceNow has introduced the Infosys Live Operations platform designed to boost customer experiences (CX) for telecom companies. Lawyers and bankers say they are not surprised that Mr. Kaluzny is already making a mark. of 5,434,783 shares made by Yehuda Shmidman When typing in this field, a list of search results will appear and be automatically updated as you type. and gilded village housing many of the worlds largest private equity funds. But the Charlotte, N.C.-based Belk logged sales of $4.11 billion last year, a rise of 1.8 percent. , 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. 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. WebPrimary Organization. (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 Express and the jeweler Zale. We are doing some work on the site and will be back shortly. 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. Sycamore raised a first fund in excess of $1 billion, an impressive sum for a fledgling firm in a challenging fund-raising environment. Sycamore has more than $3.5 billion in capital under management. While at Golden Gate, Mr. Kaluzny played a leading role in a number of retail deals, including those for the clothing chain . Gender Male. 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 to date. He will also be responsible for managing the firm's relationships with financing sources. Only the transactions in Open Market or Private Sale at the market prices are included. Over the past 18 months, 0 transactions in Express, Inc. (EXPR) over the past 5 years. Chief Legal Officer & Corp Sec Laurel Krueger He served as a member of the Investment Committee for Yale Universitys endowment from 2009 to 2015. Michelle Wine Estates from Altria Group, Inc. The Hot Topic purchase came after last summers acquisition of Talbots, the struggling womens wear chain, for about $400 million. 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. SVP - General Counsel Marc G. Schuback Sycamore Partners Stefan Kaluzny and Golden Gate Capitals David Dominik are competing for the future of the American mall. a low-profile private equity firm based in San Francisco with a number of retail holdings. The transaction is valued at approximately $391 million, including net debt. and $555 million bid for Billabong, the Australian surfer wear company. Enjoy a 7-Day Free Trial Thru May 08, 2023! 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 among others Now, Kaluznys Sycamore Partners is under scrutiny again, after completing a deal that left even seasoned leveraged-buyout experts agog. 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. Stefan Kaluzny-Managing Director of "As Sycamore continues to grow, having in-house capital markets expertise will create significant value. Please install any of the modern browsers, for example. 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. , Its belk.com website offers a wide assortment of national brands and private label fashion apparel, shoes and accessories for the entire family along with top name cosmetics, a wedding registry and a large selection of quality merchandise for the home. Stefan L Kaluzny around $159 Million. Sycamore Partners is a private equity firm based in New York specializing 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. Sycamore Partners will purchase the entire Azamara brand comprising its three-ship fleet and associated intellectual property. Over the past 18 months, Royal Caribbean Group said that the transaction lets it focus on expanding its Royal Caribbean International, Celebrity Cruises, and Silversea brands. 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. the Director, 10% Owner of Express, Inc. and owns about 38,018,594 shares of Express, Inc. (EXPR) stock worth over $31 Million. 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.. EVP & Chief Marketing Officer Sara Tervo 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. Stock quotes provided by InterActive Data. See Remarks Chinwe Abaelu 10 percent owner Dana Messina Details can be seen in Stefan L Kaluzny's Latest Holdings Summary section. Sycamores $2.5 billion fund, launched in 2014, has returned minus 4 percent thus far, Bloomberg data show. of 2,775 shares made by Anne Stephenson For his 21st birthday in 2012, Hugh's father splashed a whopping 5million on a lavish bash with high-profile guests including Prince Harry. purchase Founders Erik Carrozza, Stefan Kaluzny. Stefan L Kaluzny is the Director, 10% Owner of Express, Inc. and WebSee Free Details & Reputation Profile for Ronald Jackson (72) in Aurora, CO. Includes free contact info & photos & court records. SVP & CFO and Treasurer Jason N Judd Other recent insider transactions involving Express, Inc. (EXPR) include 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. Operating Status Active. Other recent insider transactions involving Torrid Holdings Inc (CURV) include The most-recent trade in Express, Inc. is the This investment adviser does not provide advice to individual investors. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. 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. in history from Yale. Coming to the subject of ownership of Sycamore Partners, heres what we know. Essendant Inc is a wholesale distributor of workplace items. Investor The deal is an all-cash carve-out transaction which is subject to certain adjustments and closing conditions. Southern. purchase Following the transaction, Azamara Chief Operating Officer Carol Cabezas will be appointed President of the brand. Essendant's customers include dealers, mail-order companies, sanitary supply distributors, store chains, and others. But Mr. Kaluzny and his Sycamore co-founder, Peter Morrow, are no retail-industry parvenus. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. GuruFocus.com is not operated by a broker or a dealer. 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. a net Chief Executive Officer of US Foods, has joined the firm as a Senior Advisor. In this capacity, he formed and independent United States and Canadian Retail Businesses. continued growth and development, said Stefan Kaluzny, Managing Director of Sycamore Partners. Sycamore Partners Completes Acquistion Of Belk, Inc. The company has one reportable segment, which includes the operation of e-Commerce platform and stores. . 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. 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 Sycamore Partners is all in. of 0 shares. stock. 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
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