Bloomberg reports that Aeropostale Inc. settled a dispute with lenders that threatened to scuttle a potential bid from a Versa Capital Management unit to buy the teen-clothing chain out of bankruptcy.Versa Capital Fund III is working with Aeropostale...
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August 09, 2016, 07:24 AM
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As part of its ongoing strategic review process, Vestis Retail Group, LLC ("Vestis" or "the Company"), the parent company of Eastern Mountain Sports ("EMS"), Bob's Stores ("Bob's") and Sport Chalet, announced a series of steps that will collectively...
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April 18, 2016, 08:03 AM
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Versa Capital Management, a private equity firm focused on control investments in special situations, announced today that its portfolio company Bell and Howell, LLC has secured a $25 million revolving ABL credit facility from Bank of America, N.A....
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October 15, 2015, 08:04 AM
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Versa Capital Management, LLC announced that one of its affiliates has completed the previously announced acquisition of the business of The Wet Seal, Inc., a pioneer in young women’s fast fashion retailing through mall stores and e-commerce. The...
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April 16, 2015, 07:17 AM
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Versa Capital Management, LLC (“Versa”) announced today that one of its affiliates was declared the winning bidder in the auction for the business of The Wet Seal, Inc. (“Wet Seal”), a specialty retailer in reorganization proceedings. “We believe our...
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March 16, 2015, 08:14 AM
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Versa Capital Management announced its portfolio company AVENUE Stores has finalized a new capital structure to support AVENUE’s continued growth and provide additional interim returns to its equity holders. AVENUE is a specialty retailer with more...
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October 30, 2014, 07:11 AM
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Wells Fargo Capital Finance acted as joint lead arranger on a $180 million senior secured credit facility for Vestis Retail Group to acquire Sport Chalet, Inc., a specialty sports retailer with 50 stores in the Western United States. Vestis Retail...
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August 21, 2014, 08:09 AM
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Versa Capital Management, LLC (Versa) announced it has created BCC Software (BCC) as a new company independent of its former parent, Bell and Howell, LLC. BCC has a broad reputation as an industry leader in postal software solutions and data...
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June 23, 2014, 08:01 AM
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Vestis Retail Group, LLC (Vestis), announced the appointment of James Petty to the position of Chief Executive Officer, effective July 8th. Vestis, owned by affiliates of private equity firm Versa Capital Management, LLC (Versa), encompasses Bob's...
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July 03, 2013, 07:06 AM
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Salus Capital Partners provided a $35 million senior-secured credit facility to Manus Holdings, LLC. Manus, a portfolio company of Versa Capital Management, is a leading manufacturer of industrial products that are sold both directly and indirectly...
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May 09, 2013, 07:39 AM
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The Financial Restructuring Investment Banking Group of Morgan Joseph TriArtisan LLC announced the successful placement of $62.5 million in senior credit facilities following the formation of Civitas Media, LLC. Morgan Joseph served as a placement...
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February 12, 2013, 08:05 AM
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Versa Capital Management announced the creation of Vestis Retail Group, a new retail platform that comprises two retailers owned by Versa: Bob’s Stores (Bob’s) and Eastern Mountain Sports (EMS). EMS is the second largest U.S. multi-channel retailer...
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February 01, 2013, 08:06 AM
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