Dollar Tree Completes $1B Sale of Family Dollar

Dollar Tree completes $1B sale of Family Dollar

The discount retailer sold the banner to private equity firms more than a decade after acquiring it for about $8.5 billion.

Family Dollar is now officially rivals with Dollar Tree after chains cut ties

FAMILY Dollar has now become the official rival of Dollar Tree after the discount chain finally cut ties with its previous parent company. Family Dollar will now operate under new private owners after the chain was acquired from Dollar Tree in a billion-dollar deal. AlamyFamily Dollar has now become the official rival of Dollar Tree[/caption] APDollar Tree sold its Family Dollar business[/caption] Private equity firms Brigade Capital Management,…

Discounter disconnect: Family Dollar officially separates from Dollar Tree

Dollar Tree completes $1B sale of Family Dollar – RetailWit

The discount retailer sold the banner to private equity firms more than a decade after acquiring it for about $8.5 billion.

“A New Family Dollar”: New Owners Pledge To “Reinvigorate” Stores

Of all the dollar store chains, Family Dollar hasn’t always had the best reputation. Beginning this week, its owners are promising that’s going to change. A coalition of private equity firms has announced the completion of a transaction announced earlier this year, in which Family Dollar has become a standalone company for the first time in a decade. And the new owners are pledging “a new Family Dollar” that’s better than before. Dollar Tree had…

Family Dollar Emerges as Standalone Entity in $1B Deal Led by Brigade and Macellum

Family Dollar has officially separated from Dollar Tree, becoming a standalone company after a $1 billion acquisition by Brigade Capital Management and Macellum Capital Management. This move concludes Dollar Tree’s ownership, which began in 2015 with a $9 billion purchase that failed to meet expectations, leading to the closure of about 1,000 underperforming stores. Last year, Family Dollar reported sales of approximately $13.7 billion. The acqu…