Lids Raises $250 Million for Acquisitions
Lids’ PE owner, Ames Watson, issued a $250 million Term B private loan through the licensed apparel retailer, and plans to use the capital for add-on acquisitions for Lids, as well as for other investments. Lids is by far the largest contributor to Ames Watson’s $1.6 billion in revenue, along with its Fanatics Lids College business ... Log in to view full article.