Home / Knowledge / News / Fashion / Sun Capital Partners acquires Gordmans
Sun Capital Partners acquires Gordmans
Sep '08
Sun Capital Partners Inc announced that one of its affiliates has acquired Gordmans Inc, an Omaha-based apparel and home fashions retailer with 65 stores in 16 Midwestern states from Colorado to Indiana and North Dakota to Oklahoma. Gordmans is a full-line, value-priced retailer with consistent everyday low prices.

Its stores carry a large assortment of name brand apparel for all ages, accessories, footwear, gifts, designer fragrances, fashion jewelry, accent furniture, home fashions and more, all at savings of up to 60% off department store and specialty retailer prices. Terms of the acquisition were not disclosed.

Brian J. Urbanek, Vice President, Sun Capital Partners Inc, commented, “We are pleased to add Gordmans to our growing portfolio of retail affiliates, which includes controlling ownership interests in sixteen direct marketers; department stores; grocery, pharmacy, and convenience stores; and specialty and apparel retailers. We are looking forward to working with the management team and the Company's dedicated associates in achieving their objectives of profitable growth.”

Jeff Gordman, Chairman and CEO, Gordmans Inc, added, “We are very proud of the growth and success that Gordmans and its predecessor entities have enjoyed over the last 90 years and have determined that the best path going forward is to join forces with Sun Capital Partners, a financial sponsor with deep operating experience in several retail sectors. We are confident that our new partnership will allow Gordmans to fully realize its growth potential and expand its existing footprint.”

Harris Williams & Co. acted as the exclusive advisor to the Special Committee of the Independent Board of Directors for Gordmans Inc.

Sun Capital Partners Inc

Must ReadView All

Courtesy: Pexels

Fashion | On 23rd Jun 2018

Nigerian bank launches N1 bn fund for fashion entrepreneur

Nigeria’s Bank of Industry has set aside 1 billion Naira (N) to...

Courtesy: Tayal

Textiles | On 23rd Jun 2018

Tayal textile factory in Algeria starts exports to Turkey

Algeria’s largest textile factory, the joint Algerian-Turkish company ...

Courtesy: Manhattan Beachwear

Fashion | On 23rd Jun 2018

Manhattan Beachwear in global partnership with BCBG Group

Manhattan Beachwear, the largest swimwear manufacturer in the US, has ...

Interviews View All

Top executives
Textile industry

GST has levelled the playing field to an extent

Frank Gossmann
Rotorcraft AG

‘RT3 motto is: Do not check millimetres, check colours.’

Textile & apparel industry

GST is a complicated and lengthy process

Paolo Crespi

For.Tex is an Italy-based leading producer of dyes and thickeners, and is...

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Tejas N Patel, Navin D Patel

Founded in 1999 by Navin Patel in the name of Tejas Fabrics with 100...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Igor Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Pranav Mishra

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


Leave your Comments

June 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category

Related Categories:

Advanced Search