Leonard Green & Partners LP, the private-equity firm that backed Whole Foods Market Inc. and J. Crew Group Inc., has raised more than $6 billion to make its next fund its largest, said two people familiar with the matter.
Leonard Green & Partners LP, the buyout firm whose investments include Whole Foods Market Inc. and J. Crew Group Inc., raised about $4 billion for its sixth fund, according to two people with knowledge of the matter.
Leonard Green & Partners , a buyout firm that manages about $9 billion, offered to acquire MGM Resorts International’s stake in Atlantic City’s Borgata Hotel Casino & Spa, people with knowledge of the bid said.
Leonard Green & Partners LP is trying to buy 99 Cents Only Stores on the cheap, and almost no one says it will succeed unless the deal is valued at least 10 percent more than what is now the lowest bid for a discount retailer in five years.
Fifth & Pacific Cos. agreed to sell its Lucky Brand Jeans division to private-equity firm Leonard Green & Partners LP for $225 million, part of a plan to divest assets and focus on the Kate Spade label.