Destination XL Group Acquired by Zodiac Partners II | Consumer M&A Deal

Zodiac Partners II has agreed to acquire Destination XL Group, a retail business in Florida, for $0.82 per share in a going private acquisition. Destination XL Group operates consumer retail stores selling apparel and related merchandise, supporting a retail acquisition strategy in the consumer M&A market. Zodiac Partners II acquisitions target Destination XL Group’s brand and customer base to strengthen retail acquisition execution in consumer deals FL. The private equity acquisition is structured as a tender offer by Camac Fund, LP, with an announced deal size of about $75 million to $100 million, and the offer is expected to close under customary tender offer conditions.