Retail & Consumer

J.Crew

Fashion retailer taken private by TPG Capital and Leonard Green & Partners in 2011 for $3B. Filed for bankruptcy in 2020 after $1.7B debt burden. PE owners extracted $765M in fees and dividends

FOUNDED
1983
IMPACTS
1 documented

Editorial Record

maintained by DeathbyPE. Every claim links to a public source.

Timeline

1983

J.Crew founded

2020

J.Crew filed for bankruptcy under TPG/Leonard Green debt burden

HighClosure / Bankruptcy

TPG and Leonard Green's 2011 leveraged buyout loaded J.Crew with $1.7B in debt. Unable to invest in the brand or adapt to e-commerce, the company filed for bankruptcy in 2020.

Before / After

Debt from LBO

reported 2020

before $0

after $1.7B

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Tracked Locations

CA · 1

1943 Main St

San Diego, CA 92101 · 555-775-9173

IL · 1

193 Main St

Chicago, IL 60601 · 555-530-5089

MN · 1

1279 Main St

Minneapolis, MN 55401 · 555-491-6187

TN · 1

4173 Main St

Nashville, TN 37201 · 555-497-9813

TX · 3

435 Main St

San Antonio, TX 78201 · 555-401-8586

2472 Main St

San Antonio, TX 78201 · 555-571-9922

7163 Main St

San Antonio, TX 78201 · 555-174-4123