Content about Versa Capital Management

November 26, 2012
Versa Capital Management acquires Eastern Mountain Sports

Versa Capital Management, a Philadelphia-based private equity investment firm, has acquired Eastern Mountain Sports (EMS), effective immediately.

Philadelphia -- Versa Capital Management, a Philadelphia-based private equity investment firm, has acquired Eastern Mountain Sports (EMS), effective immediately. Terms of the deal were not disclosed.

Mark Walsh, a Versa principal and chairman of Bob’s Stores, a northeastern apparel retailer that is part of the Versa portfolio, will serve as chairman of the board of EMS, which operates 69 stores in 12 Eastern states.

May 8, 2012
Avenue shuttering up to 120 stores

As plus-size apparel retailer Avenue Stores emerges from bankruptcy under new ownership, it will do so with a much streamlined store presence.

New York -- As plus-size apparel retailer Avenue Stores emerges from bankruptcy under new ownership, it will do so with a much streamlined store presence.

Paul Halpern, chief investment officer of Versa Capital Management, which bought the chain out of Chapter 11 bankruptcy in February for $32 million, said the current store count of 415 to 420 will be reduced to about 300 to assure profitability.

February 1, 2012
United Retail files bankruptcy, to sell company

United Retail Group Inc. announced that it has filed for Chapter 11 bankruptcy court protection as it looks to sell itself to private-equity firm Versa Capital Management.

Rochelle Park, N.J. -- United Retail Group Inc. announced that it has filed for Chapter 11 bankruptcy court protection as it looks to sell itself to private-equity firm Versa Capital Management. United Retail owns the 433-store Avenue chain, which specializes in plus-sized women’s apparel.

November 3, 2008
Boscov’s Signs Purchase Agreement

According to a report in Women’s Wear Daily, Boscov’s Department Store has signed an agreement...

September 18, 2008
Boscov’s Finds a Bidder

Boscov's is seeking approval of a Delaware bankruptcy court for a possible buyout, according to...

August 19, 2008
TJX Sells Bob’s Stores Division

The TJX Cos. said Wednesday that it has sold Bob’s Stores to private-equity firms Versa...