Year: 1994

Industry: Apparel, Footwear & Accessories, Specialty Retail

Service: Sell-Side M&A

Geography: North America

Advisor to Petrie Stores on Sale to E.M. Warburg Pincus

Petrie Stores Corporation, a major retailer of women’s apparel under a variety of brand names in over 1,700 locations, turned to Financo to identify and facilitate a financial partnership that would enable the company to maximize value for its shareholders. Financo’s long standing relationship with Petrie Stores enabled us to understand the company’s financial needs. Accordingly, Financo conducted a process that resulted in a buyout of the company by E.M. Warburg Pincus.

  • 1994

This transaction was completed prior to Raymond James’ acquisition of Financo.