Versa Capital Management
PE firm focused on distressed retail turnarounds
EST. 2003Philadelphia, PA
2
Brands Owned
1
Documented Impacts
1
Bankruptcies
2
Industries
1 bankruptcy under their ownership
Sporting GoodsApparel & Fashion
Brands Owned by Versa Capital Management (2)
Eastern Outfitters (Bob's Stores / Eastern Mountain Sports)
Sporting Goods
Holding company for Bob's Stores and Eastern Mountain Sports, formed by private equity firm Versa Capital Management after its Vestis Retail Group filed Chapter 11 in 2016; Eastern Outfitters itself filed Chapter 11 in February 2017 and was sold to Sports Direct.
Wet Seal
Apparel & Fashion
Filed two bankruptcies. Versa Capital acquired 173 stores for $17.5M after first bankruptcy but failed to revive. All stores closed.