Capital Markets
Company Overview of SB Capital Group, LLC
Company Overview
1010 Northern Boulevard
Suite 340
Great Neck, NY 11021
United States
Founded in 1996
Key Executives for SB Capital Group, LLC
SB Capital Group, LLC Key Developments
SB Capital Group, LLC, Tiger Capital Group, LLC, and Great American Group, Inc. announced the formation of a joint venture to conduct a sale of all inventory in the 568 stores of women's retailer Fashion Bug, a unit of Charming Shoppes, Inc., a recently acquired subsidiary of Ascena Retail Group, Inc. The total inventory blowout sale will be conducted in the 568 Fashion Bug stores located in communities across 39 states, and is part of Ascena's planned divestiture of the brand and the orderly wind down of the Fashion Bug operation. As part of the process, Fashion Bug has retained more than 5,900 store and district personnel to assist the joint venture in operating the stores through the completion of the sale process.
According to the news report, Borders Group, Inc.’s deal with Najafi Companies has collapsed. Borders Group stated in court papers filed on July 13, 2011 that it will seek approval of modified bid procedures with a group of liquidators. Earlier, creditors attacked the potential sale, saying that Borders Group would be better off selling itself to liquidators. The news report added that the liquidation group, led by Hilco Merchant Resources, LLC, is now the stalking horse in an auction, scheduled for next week, meaning it has submitted the first bid. Borders Group’s attorney, Andrew Glenn said that the insertion of the liquidation group as the stalking- horse bidder does not cancel the auction. The report also mentioned that bidders have until July 17, 2011 to make competing offers in order to keep the company alive. Andrew Glenn added that the company is hopeful that Najafi would enter a revised bid. He added that the investor has indicated that it will participate in the auction process, however, details of what role Najafi may play remain unclear. According to the report, liquidators group also includes Gordon Brothers Retail Partners LLC, SB Capital Group, LLC, Tiger Capital Group, LLC and Great American Group, Inc.
Similar Private Companies By Industry
| Company Name | Region |
| BESLER & Company, Inc. | United States |
| Werbel-Roth Securities, Inc. | United States |
| Troy Area School Employees Federal Credit Union | United States |
| Komatsu Financial Limited Partnership | United States |
| Kearney Federal Credit Union | United States |
Recent Private Companies Transactions
| Type Date |
Target |
|
Merger/Acquisition
July 9, 2012 |
RoomStore, Inc., 20 Stores Across the Country and Distribution Center in Rocky Mount |
Most Searched Private Companies
| Company Name | Geographic Region |
| Bertelsmann AG | Europe |
| Lawyers Committee for Civil Rights Under Law | United States |
| NYC2012, Inc. | United States |
| Rush University | United States |
| Citizens Budget Commission | United States |
Post a JobJobs
- New York, NY | Tuttle AgencyPosted: May 20
- New York, NY | Rule FinancialPosted: May 19
- Charlotte, NC | Wells FargoPosted: May 20
- Brentwood, TN | Churchill MortgagePosted: May 17
Sponsored Financial Commentaries
Sponsored Links
To contact SB Capital Group, LLC, please visit www.sbcapitalgroup.com. Company data is provided by Capital IQ. Please use this form to report any data issues.
Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.








