rue21
Apax's $1.1B acquisition led to three bankruptcies. From 1,200 stores at peak to liquidation.
- FOUNDED
- 1970
- ACQUIRED
- Apax Partners, 2013, $1.1 billion
- IMPACTS
- 1 documented
Find a local alternative
Look for clothing boutiques instead.
check if a business is PE-ownedexcludes Burlington Coat Factory (Canada), Charlotte Russe, Forever 21
Editorial Record
maintained by DeathbyPE. Every claim links to a public source.Timeline
1970
rue21 founded
2013
Acquired by Apax Partners for $1.1 billion
2024
rue21 filed three bankruptcies after Apax Partners' $1.1B acquisition
HighClosure / BankruptcyApax Partners' acquisition left rue21 overleveraged. Three bankruptcies: 2017, 2020, and 2024. Went from 1,200 stores at peak to full liquidation.
Before / After
MetricBefore PEAfter PEΔ
Store count
reported 2024
before 1,200 stores (peak)
after 0 (liquidating)
-100%
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