Home > M&A deals 1998 > Irving Place Capital and Simon Equity Partners LLC acquire Aeropostale, Inc.
Divestiture · Retailers · August 1998

Irving Place Capital and Simon Equity Partners LLC acquire Aeropostale, Inc.

On August 1, 1998, Irving Place Capital and Simon Equity Partners LLC acquired Aeropostale, Inc., a retailers company in New York, United States, from Macy's, Inc.

Deal at a glance

AnnouncedAugust 1, 1998 TypeDivestiture TargetAeropostale, Inc. Buyers Irving Place Capital
Simon Equity Partners LLC Seller Macy's, Inc. SectorRetailers LocationNew York, United States ValueNot disclosed

Target company

Aeropostale, Inc.
New York, United States
Retailerssector
-founded
Activestatus
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Buyers (2)

Irving Place Capital Lead
Private equity firm · 51 deals on record
Simon Equity Partners LLC Co-investor
Private equity firm · 28 deals on record
  • 1st transaction for the lead buyer in retailers
  • 6th transaction in United States
51deals, all time
9in this sector
2018latest

Seller

Macy's, Inc.
Company · 6 deals on record
6investments
4in this sector
2exits

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Questions about this deal

Who acquired Aeropostale, Inc.?Irving Place Capital and Simon Equity Partners LLC acquired Aeropostale, Inc. on August 1, 1998.

Who sold Aeropostale, Inc.?Macy's, Inc. was the seller.

What type of deal was it?It was a divestiture in the retailers sector in 1998.

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