Tuesday, March 29, 2016

South Moon Under wants to expand to 'national player' under new ownership

South Moon Under has ambitious plans for growth after a Columbia private equity firm purchased a majority stake in the contemporary fashion retailer, bringing in former leaders from White House/Black Market as new management. JPB Capital Partners purchased a majority share of South Moon Under, headquartered in Berlin on the Eastern Shore, the private-equity firm announced Tuesday. Terms of the deal were not disclosed, but it includes stakes taken by executives who helmed White House/Black Market…



from http://www.bizjournals.com/baltimore/news/2016/03/29/south-moon-under-wants-to-expand-to-national.html?ana=RSS%26s=article_search
via http://baltimorecheckbook.tumblr.com/post/141905993092

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