Paul Stuart Acquired by Middle West Partners — Consumer M&A

Middle West Partners has completed the acquisition of Paul Stuart, a consumer brands dtc business in New York, for $30 million. Paul Stuart is a luxury apparel and accessories brand selling suits, dress wear, sportswear, footwear, and related products through direct-to-consumer channels. Middle West Partners acquires Paul Stuart to expand consumer M&A exposure in NY acquisitions and build a platform acquisition in premium menswear and womenswear. The deal is a private equity acquisition and uses a revolving private credit line that funded the purchase and provides working capital for further investments. Gordon Brothers provided strategic private credit financing and advisory support, including participation on a newly established Paul Stuart Advisory Board.