Golden Gate Capital picks up the Haband Company

Catalog Holdings is one of the largest direct apparel retailers in the USA, with revenues in excess of $1bn. Catalog Holding's direct retail portfolio includes ten other catalog titles (Spiegel, Newport News, Carabella, AB Lambdin, Norm Thompson, Solutions, Sahalie, Appleseed's, Draper's & Damon's and The Tog Shop).

'We are very excited to welcome Haband to the Catalog Holdings family of women's and men's apparel and specialty brands' said Stefan Kaluzny, a managing director at Golden Gate Capital. 'With the addition of Haband, we have significantly increased our offerings to the aging baby boomer demographic and are now the largest direct retailer serving this rapidly growing segment of the population. Furthermore, the addition of Haband to our ten existing titles creates even greater opportunities for each to benefit from the scale and expertise of the group.'

Golden Gate Capital is a San Francisco-based private equity investment firm with approximately $2.5bn of capital under management.

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