J. Jill Sold
Hingman, Mass–based The Talbots Inc. agreed to sell its J. Jill division to an affiliate of Golden Gate Capital. The San Francisco–based private-equity investment firm’s J. Jill Acquisition LLC affiliate paid approximately $75 million for the retail chain. Over the past five years, Golden Gate Capital has completed approximately 20 multi-channel retail acquisitions, including the acquisition of Express.
