• Home
  • News
  • Business
  • TowerBrook the most likely suitor for J.Jill

TowerBrook the most likely suitor for J.Jill

By Angela Gonzalez-Rodriguez

loading...

Scroll down to read more

Private equity firm TowerBrook Capital Partners would reportedly be in advanced talks to acquire women’s retailer J. Jill, according to two people familiar with the matter.

As broke by Reuters, the alleged deal would be probably valued at more than 400 million dollars and could be announced as early as next week, sources close to negotiations said, cautioning that negotiations have not yet been finalised.

The people asked not to be named because the matter is private, explained Reuters when quoting their views.

TowerBrook is quite experienced within the fashion sector, as it owns True Religion Apparel Inc and previously invested in Jimmy Choo.