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Sycamore Partners was founded in 2011 by Stefan Kaluzny and Peter Morrow. [3] Before Sycamore, Kaluzny was a managing partner at Golden Gate Capital and was employed since the firm's inception. Prior to joining Golden Gate, he co-founded Delray Farms, Inc. and also served as its chief executive officer.
Ascena is now a privately held company owned by Sycamore Partners and no longer a publicly traded company and has emerged out of bankruptcy. On January 4, 2021, Gary Muto stepped down as CEO of Ascena and in place Lizanne Kindler was named as the Executive Chair and Interim Chief Executive Officer of Ascena.
RONA in Markham, Ontario Former RONA Cashway in Milton, Ontario Rona Home & Garden in Regina, Saskatchewan Réno-Dépôt in Laval, Québec RONA+ in Windsor, Ontario. RONA inc. (stylized as RONA) is a Canadian retailer of home improvement and construction products and services, owned by U.S.-based private equity firm Sycamore Partners.
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In December 2013, Sycamore Partners, which is managed by Stefan L. Kaluzny, purchased the Jones Group for about US$2.2 billion. [2] [3] Wesley Card is the CEO of The Jones Group. [3] In 2014, Sycamore split Jones into six different companies: Nine West Group, One Jeanswear Group, Jones New York, the Kasper Group, Stuart Weitzman and Kurt Geiger.