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In reply to the discussion: Costco vs Bj's.... [View all]
 

FarCenter

(19,429 posts)
12. BJ's is owned by private equity funds.
Mon Nov 26, 2012, 06:10 PM
Nov 2012
On September 30, 2011, BJ’s Wholesale Club was acquired by Beacon Holding Inc., an affiliate of Leonard Green & Partners, L.P., and funds advised by CVC Capital Partners.


From http://www.bjs.com/company-background.content.about_background.A.about

Leonard Green & Partners And CVC Complete Acquisition Of BJ’s Wholesale Club, Inc.

From http://www.thestreet.com/story/11264031/1/leonard-green-amp-partners-and-cvc-complete-acquisition-of-bj8217s-wholesale-club-inc.html

About Leonard Green & Partners, L.P.

LGP is a leading private equity firm with over $9 billion of equity capital under management. Based in Los Angeles, LGP invests in market leading companies across a range of industries. Significant current retail investments include J. Crew, Jo-Ann Stores, Whole Foods Market, Neiman Marcus Group, PETCO Animal Supplies, Leslie's Poolmart, The Sports Authority, The Container Store, Tourneau, David's Bridal, Jetro Cash & Carry and The Tire Rack.

About CVC Capital Partners

CVC is one of the world's leading private equity and investment advisory firms, with a network of 20 offices and over 230 employees throughout Europe, Asia and the United States. CVC funds seek to identify attractive investments and then develop sustainable, long-term value in close partnership with management teams. To date, CVC has raised over $44 billion from a diverse and loyal investor base and is currently investing from funds with an aggregate of over $10 billion in available equity capital.

Since its founding in 1981, CVC has completed over 280 investments in a wide range of industries and countries. CVC's current retail investments in the U.S. include Pilot Flying J and Leslie's Poolmart.

From http://www.wnd.com/markets/news/read/19594458/leonard_green_&_partners_and_cvc_complete_acquisition_of_bj%E2%80%99s_wholesale_club
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