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Gibbons, Green, Van Amerongen
Leonard Green & Partners, L.P. (LGP) is an American private equity investment firm founded in 1989 and based in Los Angeles. The firm specializes in private equity investments. LGP has invested in over 95 companies since its inception, including Petco and The Container Store. In June 2024, Leonard Green and Partners ranked 18th in Private Equity International's PEI 300 ranking among the world's largest private equity firms. History Leonard Green was founded by Leonard I. Green in 1989 after separating from Gibbons, Green and van Amerongen Ltd. (Gibbons Green), a bank which he had co-founded in 1969 with Edward Gibbons and Lewis van Amerongen. Leonard Green died in 2002, leaving the firm to be run by John G. Danhakl, Peter J. Nolan and Jonathan D. Sokoloff. The firm's predecessor, Gibbons Green, was among the earliest practitioners of the leveraged and management buyout. Gibbons Green purchased several companies, including Purex Industries in 1982, Budget Rent a Car from Tran ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Privately Held Company
A privately held company (or simply a private company) is a company whose Stock, shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the Private equity, company's stock is offered, owned, traded or exchanged privately, also known as "over-the-counter (finance), over-the-counter". Related terms are unlisted organisation, unquoted company and private equity. Private companies are often less well-known than their public company, publicly traded counterparts but still have major importance in the world's economy. For example, in 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for $1.8 trillion in revenues and employed 6.2 million people, according to ''Forbes''. In general, all companies that are not owned by the government are classified as private enterprises. This definition encompasses both publ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sealy Corporation
Sealy (formerly the Sealy Corporation) is an American brand of mattresses marketed and sold by Tempur Sealy International. It draws its name from the city where the Sealy Corporation originally started, Sealy, Texas, United States. History In 1881, cotton gin builder Daniel Haynes lived in Sealy, Texas, located west of Houston. He began making cotton-filled mattresses for his friends and neighbors. In 1889, he patented an invention that compressed cotton for use in his mattresses. Eventually the mattresses became so popular he was able to sell the patents to manufacturers in other markets. The term "Mattress from Sealy" was coined to describe what was produced. During 1906, after much success as an advertising executive, Earl Edwards purchased the patents and gained manufacturing knowledge from Haynes. Edwards took the name "Sealy" for his new company and expanded it to a national market. Due to lack of funding for manufacturing, Sealy expanded using a licensing-expansion si ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Institute For New Economic Thinking
The Institute for New Economic Thinking (INET) is a New York City–based nonprofit think tank. It was founded in October 2009 as a result of the Great Recession, and runs a variety of affiliated programs at major universities such as the Cambridge-INET Institute at the University of Cambridge. It also has offices in London, England. History INET was founded with an initial pledge of $50 million from businessman and philanthropist George Soros. William Janeway, James Balsillie and George Soros were co-founders. William H. Janeway, William Janeway and Jim Balsillie, James Balsillie were co-founders. It was launched at the King's College, Cambridge, Cambridge King's College as a tribute to John Maynard Keynes who is part of its alumni. Affiliates In November 2010, INET announced that about $7 million would be provided for the inaugural round of grants. Another four task groups that were led by INET advisory board members were awarded more than $3 million in grants in 2010. One of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Prospect Medical Holdings
Prospect Medical Holdings is a private healthcare company based in Los Angeles, California which operates 16 hospitals in the United States, mainly in California and the Northeastern United States. History Prospect was founded in 1996 by a group of physicians in California. In 2010, private equity firm Leonard Green & Partners (LGP) acquired a 61.3% stake in Prospect in a $363 million leveraged buyout. Amid the hospital system's fiscal troubles, Leonard Green attempted twice to sell the company in 2015 and 2018, but failed due to the company's poor financials. Prospect then initiated a $1.31 billion dividend recapitalization, which allowed it to refinance its debt and landed Leonard Green $658.4 million in dividends and management fees. In 2019, Prospect sold its California, Connecticut, and Pennsylvania hospital real estate to Medical Properties Trust (MPT), a healthcare real estate investment trust, for $1.386 billion in order to pay off debt. However, this sale-leaseba ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Leslie's Poolmart
Leslie's, Inc., operating as Leslie's Swimming Pool Supplies, is the largest retailer of swimming pool supplies and related products. The company is headquartered in Phoenix, Arizona, and has a particularly strong retail presence in Arizona, California, Florida, Georgia and Texas. Stores The company operates over 975 stores in 37 states throughout the U.S. According to a company representative, Leslie's employs 3,500 people year-round and adds hundreds of seasonal employees, bringing its workforce to above 5,000 during its peak summer season. Leslie's stocks essential pool maintenance and cleaning supplies, in addition to pool accessories and pool toys, and has more than 30,000 items available through the company's other distribution channels, such as its website and special order processes. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rite Aid
Rite Aid Corporation is an American drugstore chain based in Philadelphia, Pennsylvania. It was founded in 1962 in Scranton, Pennsylvania, by Alex Grass under the name Thrift D Discount Center. Prior to its first bankruptcy in 2023, it was the third-largest drugstore chain in the United States. The company has more than 1,200 stores in 15 U.S. states, primarily on the East and West coasts. After several years of growth, Rite Aid adopted its current name and debuted as a public company in 1968. Rite Aid was publicly traded on the New York Stock Exchange under the symbol RAD, and ranked No. 148 in the Fortune 500 in 2022. The company filed for Chapter 11 bankruptcy twice in October 2023 and May 2025, due to a large debt load, thousands of lawsuits alleging involvement in the opioid crisis, and a failed restructuring. History Alex Grass founded the Rite Aid chain in Scranton, Pennsylvania, in September 1962, after marrying into Harrisburg Pennsylvania's Lehrman family in the ea ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kmart
Kmart ( ), formerly legally registered as Kmart Corporation, now operated by Transformco, is a department-store chain and online retailer in the United States and Territories of the United States, its territories. It operates four remaining Kmart Big-box store, big-box department stores — three in the US Virgin Islands and one in Tamuning, Guam. The company closed its last big-box store in the mainland United States in 2024. A smaller location remains open in the former garden centre, Garden Shop of its Kendale Lakes, Florida, Kendale Lakes, Florida (Miami postal address) store, while the adjoining big box building is occupied by another retail chain that has leased the space. Before 2018, Kmart owned and operated a much larger chain of its namesake stores. The company is headquartered in Hoffman Estates, Illinois, United States. The company was incorporated in 1899 as S. S. Kresge Corporation and renamed Kmart Corporation in 1977. The first store with the Kmart name opened i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Thrifty PayLess
Thrifty PayLess Holdings, Inc. was a pharmacy holding company that owned the Thrifty Drugs and PayLess Drug Stores chains in the western United States. The combined company was formed in April 1994 when Los Angeles–based TCH Corporation, the parent company of Thrifty Corporation and Thrifty Drug Stores, Inc., acquired the Kmart subsidiary PayLess Drug Stores Northwest, Inc. At the time of the merger, TCH Corporation was renamed Thrifty PayLess Holdings, Inc. and Thrifty operated 495 stores, PayLess operated 543 stores. In 1996, Rite Aid acquired 1,000 West Coast stores from Thrifty PayLess Holdings, creating a chain with over 3,500 drug stores. Thrifty PayLess, Inc. remained an active subsidiary of Rite Aid (owning stores purchased from Thrifty PayLess), as shown in the company's October 2023 Chapter 11 bankruptcy filings. On May 5, 2025, Rite Aid filed for Chapter 11 bankruptcy for the second time in 2 years, listing assets and liabilities between $1 billion and $10 billi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Home Depot
The Home Depot, Inc., often referred to as Home Depot, is an American multinational corporation, multinational home improvement retail corporation that sells tools, construction products, appliances, and services, including fuel and transportation rentals. Home Depot is the largest home improvement retailer in the United States. In 2021, the company had 490,600 employees and more than $151 billion in revenue. The company is headquartered in unincorporated Cobb County, Georgia, with an Atlanta mailing address. Home Depot operates many big-box store, big-box format stores across the United States (including the District of Columbia, Guam, Puerto Rico and the United States Virgin Islands, U.S. Virgin Islands); all 10 provinces of Canada; and all 32 Mexican states and Mexico City. Maintenance, repair, and operations company Interline Brands (The Home Depot Pro) is also owned by The Home Depot, with 70 distribution centers across the United States. It is the seventh List of largest U ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
COVID-19 Pandemic
The COVID-19 pandemic (also known as the coronavirus pandemic and COVID pandemic), caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2), began with an disease outbreak, outbreak of COVID-19 in Wuhan, China, in December 2019. Soon after, it spread to other areas of Asia, and COVID-19 pandemic by country and territory, then worldwide in early 2020. The World Health Organization (WHO) declared the outbreak a public health emergency of international concern (PHEIC) on 30 January 2020, and assessed the outbreak as having become a pandemic on 11 March. COVID-19 symptoms range from asymptomatic to deadly, but most commonly include fever, sore throat, nocturnal cough, and fatigue. Transmission of COVID-19, Transmission of the virus is often airborne transmission, through airborne particles. Mutations have variants of SARS-CoV-2, produced many strains (variants) with varying degrees of infectivity and virulence. COVID-19 vaccines were developed rapidly and deplo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jo-Ann Stores
Jo-Ann Stores, LLC, (stylized JOANN) was an American specialty retail chain that specialized in fabrics and arts and crafts supplies. The chain was based in Hudson, Ohio, and had operated over 800 stores across 49 U.S. states until the beginning of 2025. By the end of February 2025, the company began the process of liquidating all of its stores after failing to obtain a buyer. 255 stores were shuttered by the end of April while the remaining 535 locations permanently closed by May 30, 2025, a day ahead of the planned closing schedule. It was revealed on June 5 that Michaels had acquired all of Joann’s intellectual property and website, but none of the physical stores. Michaels itself has plans to expand its selection of products by introducing Joann's private labels to physical stores and online within the coming months. An increase in fabric searches on Michaels' website prompted the company to move forward with this decision. History Origin German immigrants Hilda and Ber ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
