J.Crew
PE-Owned1 Documented ImpactFashion 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
Ownership Information
J.Crew is owned by TPG Capital. Private equity ownership often leads to cost-cutting, price increases, and reduced quality of service as firms prioritize returns for investors over customers and employees.Learn more about PE ownership impact →
Timeline
J.Crew founded
J.Crew filed for bankruptcy under TPG/Leonard Green debt burden
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 vs. After PE Acquisition
Debt from LBO
Reported 2020
Before PE
$0
After PE
$1.7B
Community Reviews
Share your experience →Tracked Locations
CA (1)
San Diego
1943 Main St
San Diego, CA 92101
555-775-9173
IL (1)
Chicago
193 Main St
Chicago, IL 60601
555-530-5089
MN (1)
Minneapolis
1279 Main St
Minneapolis, MN 55401
555-491-6187
TN (1)
Nashville
4173 Main St
Nashville, TN 37201
555-497-9813
TX (3)
San Antonio
435 Main St
San Antonio, TX 78201
555-401-8586
San Antonio
2472 Main St
San Antonio, TX 78201
555-571-9922
San Antonio
7163 Main St
San Antonio, TX 78201
555-174-4123