Webster Capital’s Acquisition of Sundance Holdings Group

Lazard Middle Market and Financo served as financial advisor to Sundance and Brentwood Associates in the transaction and Greenberg Traurig provided legal counsel. Goodwin served as legal counsel to Webster.

Webster Capital, a Waltham-based private equity firm, has acquired a majority stake in multi-channel retailer Sundance Holdings Group from Brentwood Associates.

Sundance Holdings Group (www.sundancecatalog.com), founded by Robert Redford in 1989 and headquartered in Salt Lake City, Utah, is a premier lifestyle retailer of women’s apparel and accessories, jewelry and home furnishings. The company sells through catalogs, online and 13 Sundance retail stores. Sundance plans to open one additional retail location this November in Tucson, Arizona.

Webster Capital is acquiring a controlling stake from Brentwood Associates. During their ownership period, Sundance added several new key senior executives to the team and successfully expanded its retail presence, growing from two to twelve retail locations.

The Goodwin team was led by partners John LeClaire (Picture) and Chris Wilson and included partner Kevin Grumberg and associates Peter Hanoian, Tyler Garaffa, Daniel Koh and John Quinn.

Involved fees earner: Tyler Garaffa – Goodwin Procter; Kevin Grumberg – Goodwin Procter; Peter Hanoian – Goodwin Procter; Daniel Koh – Goodwin Procter; John LeClaire – Goodwin Procter; John Quinn – Goodwin Procter; Chris Wilson – Goodwin Procter;

Law Firms: Goodwin Procter;

Clients: Webster Capital;

Author: Ambrogio Visconti