Pesco Clothing Announces Sale of Menswear Stores to Private Investor
Deal News | Feb 27, 2025 | Generational Equity
Generational Group, a prominent mergers and acquisitions advisory firm, has successfully managed the sale of Pesco Clothing, Inc. dba Philip Michael Fashion for Men. This sale includes four Virginia-based menswear stores and one previously sold store in North Carolina. The transaction was concluded with a private investor on December 31, 2024. Pesco Clothing is recognized for its regional presence in menswear retail, and this acquisition signifies a significant transition in its business operations.
Sectors
- Mergers and Acquisitions Advisory
- Retail - Menswear
Geography
- United States – The transaction primarily involves stores located in Virginia and North Carolina, USA.
Industry
- Mergers and Acquisitions Advisory – Generational Group operates within the M&A advisory industry, facilitating business deals for privately held companies.
- Retail - Menswear – Pesco Clothing, Inc. operates within the retail industry, specifically focusing on the menswear sector.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Generational Group | Advisor | Company | A leading mergers and acquisitions advisory firm for privately held businesses. |
| Pesco Clothing, Inc. dba Philip Michael Fashion for Men | Target Company | Company | A retailer operating menswear stores in Virginia and North Carolina. |
| Private Investor | Buyer | Company | An unnamed entity acquiring Pesco Clothing, Inc.'s retail operations. |