Stratrix
On the Record · Mahwah Bergen Retail Group

Mahwah Bergen Retail Group acquisitions, on the record

The businesses Mahwah Bergen Retail Group bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
ANN INC.
Word for word“On August 21, 2015, the Company acquired 100% of the outstanding common stock of ANN for an aggregate purchase price of approximately $2.1 billion .” 10-K for 2018
acquisitionOn August 21, 2015approximately $2.1 billion
former ANN distribution facility in Louisville, Kentucky
Word for word“During Fiscal 2018, integration activities were substantially completed as the Company (i) completed the post-acquisition integration of ANN ’s distribution operations, including the closure and sale of the former ANN distribution facility in Louisville, Kentucky and (ii) realized cost reductions from sourcing merchandise through third-party buying agents.” 10-K for 2018
divestitureDuring Fiscal 2018—
maurices brand
Word for word“As discussed in Note 2 to the accompanying consolidated financial statements included herein, the Company completed the sale of its maurices brand on May 6, 2019, which previously was included in the Value Fashion segment and announced plans to wind down its Dressbarn brand in the first half of Fiscal 2020.” 10-K for 2019
divestitureMay 6, 2019—
assets relating to the Company's Ann Taylor, LOFT and Lane Bryant brands
Word for word“Pursuant to the Sycamore APA, the Purchaser will acquire assets relating to the Company’s Ann Taylo r, LOFT and Lane Bryant brands pursuant to Section 363 of the Bankruptcy Code for approximately $ 540.0 million, subject to certain customary purchase price adjustments as set forth in the Sycamore APA (the “Purchase Price”), as well as assume certain related liabilities.” 10-K for 2020
agreed divestiture—approximately $ 540.0 million
maurices
Word for word“In addition, on May 6, 2019, the Company and Maurices Incorporated, a Delaware corporation (“ maurices ”) and wholly owned subsidiary of ascena, completed the transaction contemplated by the previously-announced Stock Purchase Agreement with Viking Brand Upper Holdings, L.P., a Cayman Islands exempted limited partnership (“Viking”) and an affiliate of OpCapita LLP, providing for, among other things, the sale by ascena of maurices to Viking (the “Transaction”).” 10-K for 2020
divestitureMay 6, 2019—
Catherines’ E-Commerce business and Justice’s intellectual property and other assets
Word for word“As part of the Chapter 11 Cases, the Company has divested the Catherines ’ E-Commerce business and Justice’s intellectual property and other assets.” 10-K for 2020
divestiture——
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for acquisitions (net of cash acquired)Cash received from selling businessesGoodwill from acquisitions
2016-07-30$1.49 billion—$959.6 million
2017-07-29$0$0—
2018-08-04$0$0—
2019-08-03—$203.2 million—
2020-08-01—$0—

Deal filings since 2016

Read from Mahwah Bergen Retail Group’s annual reports (10-K for 2020, 10-K for 2019, 10-K for 2018) and the financial data it files with the SEC, as of 2020-12-11. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.