Destination XL Group Acquired by Camac Fund | Consumer M&A Deal

Camac Fund has agreed to acquire Destination XL Group, a retail business in Florida, for $75 million. Destination XL Group operates consumer retail stores selling apparel and related merchandise, supporting a retail acquisition strategy focused on branded value offerings. Camac Fund acquisitions target consumer M&A opportunities in FL, aiming to reposition Destination XL Group’s store network and customer demand. The going private acquisition is structured as a tender offer for all outstanding shares at $0.82 per share, with cash consideration and a Schedule TO filing as Amendment No. 1. The private equity acquisition is expected to close following tender offer conditions under SEC rules, with the offer originally dated May 12, 2026.