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Today's Transactions:
Charlesbank Capital and Webster Buy OneStopPlus

The seller owns luxury brands Gucci, Yves Saint Laurent, Alexander McQueen and Balenciaga

Private equity firms Charlesbank Capital Partners and Webster Capital will buy OneStopPlus Group for $525 million.

OneStopPlus owns the plus-size clothing brands Woman Within, Roaman’s, Jessica London, Fullbeauty, KingSize, BrylaneHome and Bargain Catalog Outlet.

PPR Group, a company that owns luxury, sports and lifestyle brands, owned OneStopPlus. PPR owns Gucci, Yves Saint Laurent, Alexander McQueen, Balenciaga and Sergio Rossi.

Boston-based Charlesbank Capital has invested more than $2.9 billion in 65 companies since 1991. The firm’s portfolio companies include DelTaco, StoneCastle Partners LLC and TLC Vision.

Webster Capital, headquartered in Waltham, Mass., has invested in ReBath, Barneys New York and Nextel.

Peter J. Solomon Co. acted as financial adviser and Wachtell Lipton Rosen & Katz acted as legal adviser to PPR Group. 

In May, Ascena Retail Group Inc. (NYSE: ASNA) paid $857 million for another plus-size clothing company, Charming Shoppes Inc. (Nasdaq: CHRS), which owns Lane Bryant. 

 

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