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Growing Bakery Concept to Go Public (Monday's News & Notes)

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The hunger for mergers and acquisitions in the retail sector has picked up in the past few months, as evidenced by the growing interest in the J.Crew transaction. So far, however, most of the deals have involved private equity buyouts of public retailers.

The latest deal to hit the market is unusual in that it will involve Crumbs Bake Shop, a private retailer going public. We featured Crumbs as an exciting new concept in our July/August issue. The $66 million transaction will serve largely to fund Crumbs' future expansion.

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Elaine Misonzhnik

Senior associate editor Elaine Misonzhnik has been writing for National Real Estate Investor since June 2006 and has covered commercial real estate for more than 12 years. She first became...
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