Retail & Consumer

Duane Reade

Warburg Pincus took Duane Reade, New York City's largest drugstore chain, private for $720M in 2004. Sold to Walgreens for $1.075B in 2010. During Warburg ownership, Duane Reade expanded aggressively while staff reported labor concerns.

FOUNDED
1960
ACQUIRED
Warburg Pincus, 2004, $720M

Editorial Record

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Timeline

1960

Duane Reade founded

2004

Acquired by Warburg Pincus for $720M

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