Charlotte Russe Holding Inc., the listed, San Diego-based apparel and fashions maker, has been sold to Advent International in a take-private valued at $380 million.

An Advent affiliate will buy Charlotte Russe at $17.50 per share; the company’s stock leapt in Monday morning trading by more than 25 percent. That figure represents, roughly, a 52-week high for Charlotte Russe stock, but the company is still well off peaks from 2007 where its shares broke through the $30 threshold.

David Mussafer, a managing partner with Advent, said the company will work with Advent operating partner Jenny Ming, the former president of Old Navy.

On the deal, there was no shortage of cooks in the kitchen: Cowen & Co. served as financial advisor to Charlotte Russe and has delivered a fairness opinion to its board and special committee; Peter J. Solomon Co. was financial and strategic advisor to special committee and also delivered a fairness opinion to the board and committee. Cooley Godward Kronish LLP was legal counsel to Charlotte Russe, and Covington & Burling LLP is legal counsel to the special committee. Moelis & Co. is the M&A advisor to Advent and Weil, Gotshal & Manges LLP was its legal counsel.

Earlier this year, Charlotte Russe bowed to pressure from activist investors KarpReilly and HIG Capital—who bid up to $9.50 per share—and opened itself up to strategic alternatives, tapping Cowen as an advisor. Its decision today to sell represents a premium of 255% on the company’s share prices when it decided to explore alternatives, in January.

Already, Charlotte Russe’s board has signed off on the deal, which remains subject to SEC approval.

Lately, there has been as surge in consumer industry hires. Richard Baker, former chief executive of Alliance Boots Plc, recently announced plans to join Advent as an operating partner, advising on retail and consumer deals. Also, Janney Montgomery Scott, a Philadelphia, Pennsylvania-headquartered investment bank expanded its investment banking consumer group, hiring Mark H. Belford and B. John Lindeman as managing directors and co-heads of the group.