Sycamore Partners and Walgreens Acquisition Close Amid Retailer Split

Retail
Written By Rick Watson

Sycamore Partners is a New York-based private equity firm specializing in consumer, distribution, and retail-related investments.

Sycamore Partners completed its $10 billion acquisition of Walgreens and plans to split the company into five standalone businesses. It is worth noting that Sycamore Partners has limited exposure to the healthcare sector.

Retail Dive: Sycamore Partners closes Walgreens acquisition, splits retailer into 5 companies

Rick Watson

Rick Watson founded RMW Commerce Consulting after spending 20+ years as a technology entrepreneur and operator exclusively in the eCommerce industry with companies like ChannelAdvisor, BarnesandNoble.com, Merchantry, and Pitney Bowes.

Watson’s work today is centered on supporting investors and management teams incubating and growing direct-to-consumer businesses. Most recently, in partnership with WHP Global, Rick was a critical resource in architecting the WHP+ platform, a new turnkey direct to consumer digital e-commerce platform that powers AnneKlein.com and JosephAbboud.com.

Watson also hosts a weekly podcast, Watson Weekly, where he shares an unbiased, unfiltered expert take on the retail sector’s biggest players.

In the past year alone, Rick has spoken at many in-person and virtual events as well as podcasts on topics ranging from retail/ecom to supply chain/logistics and even digital grocery including CommerceNext IRL, ASCM Connect, and Retail Innovation Conference.

https://www.rmwcommerce.com/
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