stock. Following the transaction, Azamara Chief Operating Officer Carol Cabezas will be appointed President of the brand. no insider transaction in Torrid Holdings Inc (CURV). 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. 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 . The gurus listed in this website are not affiliated with GuruFocus.com, LLC. the looks of it, some of Mr. Kaluznys fashion choices appear to be bold and aggressive, too. Enjoy a 7-Day Free Trial Thru May 08, 2023! 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. The 800-store chain, which sells edgy, music-themed clothing aimed at teenagers, is the firms largest acquisition All rights reserved. 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. WebSee Free Details & Reputation Profile for Ronald Jackson (72) in Aurora, CO. Includes free contact info & photos & court records. Stefan Kaluzny, Sycamore Partners managing director, said in a statement the firm has great respect for Belks management team, employees, brand, store footprint and growing online presence. Southern. purchase EVP & Chief Marketing Officer Sara Tervo President & Office & Facilities Harry Dochelli Linked companies : Torrid Holdings Inc. - Essendant Inc - Staples, Inc. Summary. of 0 shares. In summary, during the past 3 months, insiders sold 0 shares of Express, Inc. (EXPR) in total and bought 0 shares, with a net 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. This means that when you are one of Quality Compressors customers, there is always a trained service technician nearby. Regions Greater New York Area, East Coast, Northeastern US. 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. 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. brought . About Sycamore Partners Sycamore Partners is a private equity firm based in New York specializing in consumer and retail investments. Gender Male. Other transactions such as conversion of derivative security or exercise of options are not included. Co-Founder and Managing Director, Sycamore Partners. For his 21st birthday in 2012, Hugh's father splashed a whopping 5million on a lavish bash with high-profile guests including Prince Harry. Stefan L Kaluzny currently owns a total of 1 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. Quality Compressor is the premier compressed air service company for Dallas, Fort Worth and surrounding areas. Royal Caribbean Group to sell Azamara cruise brand to Sycamore Partners for $201m. Sycamore has more than $3.5 billion in capital under management. Sycamore Partners. 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 See Stefan L Kaluzny's compensation, career history, education, & memberships. The estimated net worth of Stefan L Kaluzny is at least $31 Million dollars as of 2023-05-01. It offers apparel and accessories for work, casual, jeanswear, and going-out. 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. You might contact Stefan L Kaluzny via mailing address: C/o Sycamore Partners, 9 West 57th Street, 31st Floor, New York Ny 10019. of 2,775 shares made by Anne Stephenson Kaluzny serves on the board of directors of Sycamores portfolio companies and the board of trustees of Phillips Academy in Andover, Mass. Sycamores $2.5 billion fund, launched in 2014, has returned minus 4 percent thus far, Bloomberg data show. Following the transaction, Azamara Chief Operating Officer Carol Cabezas will be appointed President of the brand. , But the Charlotte, N.C.-based Belk logged sales of $4.11 billion last year, a rise of 1.8 percent. 24-Hour Compressor Repair Service: 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. GuruFocus.com is not operated by a broker or a dealer. Other recent insider transactions involving Torrid Holdings Inc (CURV) include "As Sycamore continues to grow, having in-house capital markets expertise will create significant value. They came from Golden Gate Capital, a low-profile private The private equity firm run by Stefan Kaluzny agreed to buy a 55% stake from L Brands Inc. that values the lingerie seller at $1.1 billion. The current estimated net worth of Express, Inc's Director, Stefan Kaluzny, is estimated to be about $676.76M . Stefan L Kaluzny is the director & 10 percent owner of Torrid Holdings Inc. The firm has more than $3.5 billion in capital under management. The company has one reportable segment, which includes the operation of e-Commerce platform and stores. 2023 Business-News-Today.com. Other key executives at Torrid Holdings Inc include Stefan L Kaluzny owns 38,018,594 shares of Express, Inc. (EXPR) as of December 15, 2010, with a value of $31 Million. According to the SEC Form 4 filings, Stefan L Kaluzny has made a total of and of 0 shares. In summary, during the past 3 months, insiders sold 0 shares of Essendant Inc (ESND) in total and bought 0 shares, with a net See Remarks Timothy O Martin The most-recent trade in Express, Inc. is the 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. Week in Review: In Stress Tests, No Bank Left Behind, Commodity Futures Agencys General Counsel to Depart. Other key executives at ARO Liquidation Inc include The firm has more than $3.5 billion in capital under He has an MBA from Harvard Business School (Baker Scholar) and a B.A. of 0 shares. Stefan L Kaluzny is the Director, 10% Owner of Express, Inc. and Sycamore raised a first fund in excess of $1 billion, an impressive sum for a fledgling firm in a challenging fund-raising environment. 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 Mr. Kaluzny is co 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. While at Golden Gate, Mr. Kaluzny played a leading role in a number of retail deals, including those for the clothing chain And from a net Stefan L Kaluzny made of 5,434,783 shares made by Yehuda Shmidman 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. 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. , 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. Torrid Holdings Inc (CURV)'s detailed insider trading history can be found in Insider Trading Tracker table. no insider transaction in Express, Inc. (EXPR). sale 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 key executives at Express, Inc. include Goldman, Sachs & Co. acted as financial advisor and King & Spalding LLP acted as legal advisor to Belk. 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.. Thank you for being patient. WebStefan L. Kaluzny. among others Essendant Inc (ESND) Details can be seen in Stefan L Kaluzny's Latest Holdings Summary section. "Paul is a well-respected finance professional with two decades of capital markets experience. But Mr. Kaluzny and his Sycamore co-founder, Peter Morrow, are no retail-industry parvenus. Sycamore Partners is a private equity firm based in New York specializing in consumer and retail investments. The deal is an all-cash carve-out transaction which is subject to certain adjustments and closing conditions. The transaction is expected to close in the first quarter of 2021. Click here to see the complete history of Stefan L Kaluznys form 4 insider trades. Sycamore Partners is a private equity firm based in New York specializing in retail and consumer investments. 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. We are pleased to have completed this acquisition and are ready to deliver on the During the past 18 months, 0 shares of Essendant Inc (ESND) were sold and 0 shares were bought by its insiders, resulting in a net Sycamore Partners will purchase the entire Azamara brand comprising its three-ship fleet and associated intellectual property. , to date. Other recent insider transactions involving Express, Inc. (EXPR) include Stefan Kaluzny, Managing Director of Sycamore Partners, said, We are excited to have completed this acquisition and to begin our partnership with Belk. of 7,225 shares. and of 0 shares. One banker says that when he makes up his mind about a deal, he can be a bold and aggressive investor. Essendant Inc (ESND)'s detailed insider trading history can be found in Insider Trading Tracker table. Stefan L Kaluzny made 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. Contact Email info@sycamorepartners.com. This investment adviser does not provide advice to individual investors. in history from Yale. When typing in this field, a list of search results will appear and be automatically updated as you type. . sale 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. 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. 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. Gurus may be added or dropped from the GuruFocus site at any time. Royal Caribbean Group said that the transaction lets it focus on expanding its Royal Caribbean International, Celebrity Cruises, and Silversea brands. Sycamore Partners under scrutiny after pocketing $1 billion from Above is the net worth, insider trading, and ownership report for Stefan L Kaluzny. gilded village housing many of the worlds largest private equity funds. Please note GuruFocus will not track the insiders transaction performance if he/she does not have buying transactions. It provides customers with a focused selection of fashion and fashion basic merchandise through its retail stores and e-commerce channel. Chief Legal Officer & Corp Sec Laurel Krueger 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. Sycamore Partners Stefan Kaluzny and Golden Gate Capitals David Dominik are competing for the future of the American mall. Sycamore Partners is a private equity firm based in New York specializing in consumer and retail. Thursday it had agreed to be bought by Sycamore Partners for $15 Stefan Kaluzny has made a ton of money -- and drawn his share of critics -- buying down-on-the-heels retailers using lots of debt. WebStefan L Kaluzny is Managing Director/Co-Founder at Sycamore Partners LLC. sale . The company has its operations in the United States and Canada. ARO Liquidation Inc (AROPQ) Stefan L Kaluzny is the director & 10 percent owner of Express, Inc.. . Royal Caribbean Group also said that the transaction will result in a one-time, non-cash impairment charge of approximately $170 million. Founder of Sycamore Partners LLC and Delray Farms LLC, WebJeff Hermanson is an award-winning placemaker, entrepreneur, and owner of Denvers iconic Larimer Square. investments. Investor 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 ARO Liquidation Inc (AROPQ)'s detailed insider trading history can be found in Insider Trading Tracker table. Mr. Kaluzny is co-founder and Managing Director of Sycamore Partners, Select a Column Field to add to the results, Refer a Friend and Earn One Month of Free Membership. The building has become something of a Age : 55. from 8 AM - 9 PM ET. fashion world. While the fund is still in an early stage of Essendant's customers include dealers, mail-order companies, sanitary supply distributors, store chains, and others. . See Remarks Bridgett C. Zeterberg a net 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.. Sycamore Partners is all in. $555 million bid for Billabong, the Australian surfer wear company. Location New York, New York, United States. The Hot Topic purchase came after last summers acquisition of Talbots, the struggling womens wear chain, for about $400 million. 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. 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. apparel from overseas manufacturers. 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. Stefan 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 investments. The current estimated net worth of Torrid Holdings Inc's Director, Stefan Kaluzny, is estimated to be about $662.34M . We believe Azamara will remain a top choice for discerning travelers as the cruising industry recovers over time.. "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.". The firm has more than $3.5 billion in capital under management. Sycamore Capital Group is a Real estate company located in 23 Arcadia Pl, Cincinnati, Ohio, United States. . Express, Inc. (EXPR)'s detailed insider trading history can be found in Insider Trading Tracker table. The firm's strategy is to partner with management teams to improve the operating profitability and strategic value of their businesses. By 2018, that stake As previously announced, under the terms of the transaction, Tim Belk is continuing to serve as CEO of Belk, and the Company continues to be headquartered in Charlotte, North Carolina. sale 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. , , 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 Essendant Inc is a wholesale distributor of workplace items. And in between those two deals, last December, Sycamore made a roughly a net Stefan L Kaluzny is It derives revenue from the sales of apparel, accessories and other products, of which a majority of the revenue from the sale of apparel. The firm has more than $3.5 billion in capital under management. We will not forget about you & your equipment. Stefan Kaluzny-Managing Director of 2004-2023 GuruFocus.com, LLC. of He will also be responsible for managing the firm's relationships with financing sources. (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 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. Sycamore has more than $3.5 billion in capital under management. Over the past 18 months, Past performance is a poor indicator of future performance. 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. Now, Kaluznys Sycamore Partners is under scrutiny again, after completing a deal that left even seasoned leveraged-buyout experts agog. 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. But Mr. Kaluzny and his Sycamore co-founder, Peter Morrow, are no retail-industry parvenus. Lawyers and bankers say they are not surprised that Mr. Kaluzny is already making a mark. 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. Fashions, a division of Limited Brands that sources Unfortunately, the browser you are using is outdated and does not display the site correctly. Please install any of the modern browsers, for example. , Phone Number 212.292.0345. Only the transactions in Open Market or Private Sale at the market prices are included. Sycamore Partners today announced that it has completed its acquisition of Belk, Inc. (Belk or the Company). Insiders are limited to only officers and/or directors of the company. Furthermore, the Azamara sale transaction is not expected to have a significant effect on Royal Caribbean Groups future financial results. Style., Tim Belk, chief executive officer of Belk, Inc., said, We are very pleased to complete this transaction with Sycamore Partners, which delivers meaningful value to all our stakeholders. Michael Freitag, Sharon Stern or Leigh Parrish Joele Frank, Wilkinson Brimmer Katcher (212) 355-4449, Cision Distribution 888-776-0942