Brentwood Associates, a consumer-focused private equity investment firm just announced it has acquired Marshall Retail Group, a specialty retailer for high-foot-traffic marketplaces with locations in major casino-hotels and airports across the United States.
The company’s retail concepts fall into three distinct and complementary categories- logo and sundry stores, fashion apparel, footwear and accessories stores and third party licensed brands.
Michael C. Wilkins, CEO of Marshall Retail Group, said Brentwood is an important strategic partner that understands how business at Marshall Retail Group works.
“At Marshall Retail Group, we’ve always focused on supporting and developing our people, enabling us to provide a high-quality experience for our customers,” he said. “As we celebrate our 60th anniversary this coming year, we are pleased to have found a partner that shares our passion for team building and supports our continued growth.”
Over the last couple of months, the specialty retailer has seen substantial growth and has opened new stores in a variety of airports across the U.S.
“Marshall Retail Group has assembled a truly best-in-class management team who have generated growth and created a corporate culture that ensures future success,” Steve Moore, partner at Brentwood Associates, said.“We look forward to working closely with Michael and his leadership team to build on their impressive track record.”
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