Consumer & Retail | Mergers & Acquisitions

McCurdy’s Stores Acquired by May

  • McCurdy’s was the leading independent department store chain in the Rochester, NY region
  • In light of continuing industry consolidation, McCurdy & Co. retained TM Capital to sell the McCurdy’s chain
  • TM Capital marketed this opportunity to a range of strategic and financial acquirors
  • TM Capital completed the $50 million sale of the assets of McCurdy’s to The May Department Stores Company (NYSE), a leading national department store operator

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