JD Sports to buy PE-backed DTLR Villa
February 2, 2021- Share:
UK leisurewear retailer JD Sports Fashion has agreed to buy US-based peer DTLR Villa for $495 million, including debt, Reuters reported. The deal would create an exit for PE investors BRS and Goode Partners, which backed the business in 2005 and 2012, respectively. Founded in 1982, Baltimore-based DTLR sells athletic footwear and apparel. The company operates 247 stores across 19 states, mostly in the northeastern US.
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