Exclusive Financial Advisor on Sale of Ollie’s Bargain Outlet to Saunders Karp & Megrue
Ollie’s Bargain Outlet, a privately held rapidly expanding chain of outlet stores offering deeply discounted brand-name merchandise, turned to Financo to find a potential partnership that would enable the shareholders to maximize value and enable the company to obtain capital to direct further growth.
Our extensive relationships among retail and consumer financial sponsors created a competitive process with multiple parties. Ollie’s consummated a recapitalization with Saunders Karp & Megrue, a private equity firm with meaningful experience partnering with retail companies.