Acquiring Company
Sycamore Partners Management L.P
Acquired Company
Lowe
New YorkFinancial ServicesVenture Capitalventure capital & private equityDescription
Sycamore Partners, a private equity firm specializing in retail, consumer, and distribution-related investments, today announced that it has completed its acquisition of Lowe's Canadian retail business, which will now operate under the name RONA inc. With headquarters in Boucherville, Québec, RONA operates or services approximately 450 corporate and independent affiliate dealer stores under several banners, including RONA, Lowe's, Réno-Dépôt and Dick's Lumber.
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Frequently asked
Who acquired Lowe?
Lowe was acquired by Sycamore Partners Management L.P, based in New York. The deal was reported on February 3, 2023. Sycamore Partners is a private equity firm specializing in retail and consumer investments. The firm partners with management teams to build leading brands and drive growth. Sycamore Partners Management L.P is privately held and operates in Financial Services.
When did Sycamore Partners Management L.P acquire Lowe?
Sycamore Partners Management L.P's acquisition of Lowe was reported on February 3, 2023. Sycamore Partners, a private equity firm specializing in retail, consumer, and distribution-related investments, today announced that it has completed its acquisition of Lowe's Canadian retail business, which will now operate under the name RONA inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Lowe do?
Lowe is the company acquired in this transaction. It is privately held.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
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