Bain Capital Tries on Burlington Coat Factory

Share this article:
Private investment firm Bain Capital Partners LLC will acquire Burlington Coat Factory Warehouse Corp. for $2.06 billion, the apparel discounter said yesterday.


Under terms of the agreement, Boston-based Bain Capital will buy all of the outstanding shares of Burlington Coat Factory for $45.50 per share in cash.


Burlington Coat Factory, Burlington, NJ, was founded in 1972 and has 367 stores in 42 states as well as an e-commerce Web site that sell branded apparel, baby furniture, home décor and gifts.


Share this article:
close

Next Article in Multichannel Marketing

Sign up to our newsletters

Follow us on Twitter @dmnews

Latest Jobs:

More in Multichannel Marketing

Generating Loyalty for Brands and Retailers in an Omnichannel World

Generating Loyalty for Brands and Retailers in an ...

Harnessing personas, loyalty programs, and new technologies can help marketers better connect with customers.

News Byte: Salesforce Forms Unit to Focus on Verticals

News Byte: Salesforce Forms Unit to Focus on ...

The industries business unit, led by ex-White House CIO Vivek Kundra, will serve six industry groupings.

Columbia U. Puts the "Do" in "Donation"

Columbia U. Puts the "Do" in "Donation"

Columbia University raises nearly $7 million in donations in just 24 hours with a combination of social media, live events, and gamification.