Tuesday’s announcement that two private equity firms will acquire prep clothing company J. Crew Group, Inc., for $3 billion put Ropes & Gray’s Julie Jones in the middle of a big clothing deal for the second time in a month. In October, the Boston-based corporate partner was part of a Ropes team that advised Bain Capital in its $1.8 billion acquisition of kids clothier Gymboree Corp.
Though the companies changing hands in the two deals cater to different ages and styles, Jones–who advised TPG Capital, one of the two J. Crew buyers–there were overlapping challenges.
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