Friday, March 4, 2011

Savers Raises $21.93M

Bellevue-based Savers, the operator of a chain of discount thrift stores, has raised $21.93M in conjunction with the acquisition of an un-named business, according to a regulatory filing from the firm Friday. Details of the funding were not announced. According to the filing, the firm issued shares of its common stock in part to partially fund the acquisition of a business on February 18th. Savers operates the Value Village and Village des Valeurs chains, and is backed by Freeman Spogli & Co. More information »