The Private Equity team advised Webster Capital on its acquisition of a majority stake in multi-channel retailer Sundance Holdings Group ("Sundance") from Brentwood Associates.
Webster Capital (“Webster”) is a private equity firm founded in 2003 that invests in the branded consumer and healthcare services industries and provides equity financing, expertise, and a broad contact network for management buyouts and growth capital. Webster recently closed its oversubscribed fourth fund at $875 million, beating its target of $650 million, and has raised approximately $1.5 billion of capital.
Sundance, founded by Robert Redford in 1989 and headquartered in Salt Lake City, Utah, is a premier lifestyle retailer of women's apparel and accessories, jewelry and home furnishings. The company sells through catalogs, online and retail stores.