Goode Partners Dresses Down, Sells INTERMIX to Gap for $130M
January 04, 2013
Goode Partners has sold its stake in luxury retailer INTERMIX to Gap (NYSE: GPS) for approximately $130 million in cash. The PE firm took a reported 40% stake in the company in July 2007. Based out of New York City, INTERMIX is a multi-brand retailer of contemporary women's apparel that operates 32 boutiques across North America, as well as an e-commerce site.