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
- OWNER
- TPG Capital
- IMPACTS
- 1 documented
- WEB
- jcrew.com
Find a local alternative
Look for clothing boutiques instead.
check if a business is PE-ownedexcludes Talbots
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 / BankruptcyTPG 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
MetricBefore PEAfter PEΔ
Debt from LBO
reported 2020
before $0
after $1.7B
Community Reviews
Share your experience →Firsthand accounts from readers. Email confirmation does not verify identity, employment, or claims. Community reviews are separate from the editorial record and are not independently fact-checked.