Financial Advisor to Jos. A. Bank Clothiers on Sale to Men’s Wearhouse
Financo was engaged as financial advisor to Jos. A. Bank Clothiers, Inc. in connection with numerous key strategic matters beginning in 2012. After evaluating numerous buy side and other strategies opportunities, Jos. A. Bank was sold to The Men’s Wearhouse, Inc. in 2014. The $1.8 billion transaction resulted in a combined company with more than 1,700 stores and sales of $3.5 billion on a pro forma basis in addition to increased scale and breadth that broadened its best-in-class offering for both existing and new customers alike.
“Financo is a world class and highly professional organization. They provided the critical advice necessary to help guide our Board of Directors through a highly complex public transaction. Their expertise in the retail industry was most helpful to us during the process. This successful transaction helped our Board of Directors create significant shareholder value.”
– Robert Wildrick, Chairman, Jos. A. Bank Clothiers, Inc.