Charlesbank Capital Partners to Acquire OneStopPlus Group in

Charlesbank Capital Partners to Acquire OneStopPlus Group in
Partnership With Webster Capital 
BOSTON, MA -- (Marketwire) -- 12/05/12 --  Charlesbank Capital
Partners announced today that it has signed an agreement to acquire
OneStopPlus Group ("OSP"), a subsidiary of Paris-based luxury and
sport & lifestyle group PPR. Charlesbank is partnering with Webster
Capital on the transaction, which is expected to close in the first
quarter of 2013. The investment will be funded with both equity and
debt, and the OSP management team will be co-investing in the
transaction.  
Headquartered in New York City, OSP is a catalog retailer and online
marketplace for plus-size consumers. The company includes four
women's apparel lines, Woman Within, Roaman's, Jessica London and
fullbeauty, as well as men's line King Size, home goods brand
BrylaneHome, the OneStopPlus.com online fashion mall and a clearance
apparel website. Distinct for its focus on the plus-size customer and
the breadth of its merchandise offering, OSP carries more than 10,000
products and 70 sizes.  
Josh Klevens, Charlesbank Managing Director, says, "We look forward
to working with OSP's management team to continue building the
leading direct-to-consumer platform focused on the needs of the
plus-size customer." 
"We believe that plus-size customers are an underserved segment of
the US apparel market," adds fellow Managing Director Andrew Janower.
"OSP has strong brands, a talented management team and loyal
customers, and we look forward to helping the company achieve its
potential." 
Donald Steiner, Managing Partner of Webster Capital, says, "The
merchandising assortment and marketing strategy at OSP resonate with
plus-size customers and we look forward to helping the company
continue to add to its customer base going forward."  
Consensus Advisors acted as financial advisor and Goodwin Procter
acted as legal advisor to Charlesbank and Webster in the transaction.
For PPR, Peter J. Solomon Company acted as financial advisor and
Wachtell, Lipton, Rosen & Katz acted as legal advisor.  
About Charlesbank Capital Partners
 Based in Boston and New York,
Charlesbank Capital Partners is a middle-market private equity
investment firm managing more than $2 billion of capital. Charlesbank
focuses on management-led buy
outs and growth capital financings,
typically investing $50 million to $150 million per transaction in
companies with enterprise values of $100 million to $750 million. The
firm seeks to partner with strong management teams to build companies
with sustainable competitive advantages and excellent prospects for
growth. For more information, visit www.charlesbank.com. 
About Webster Capital
 Founded in 2003, Webster Capital is a private
equity partnership with over $200 million in capital under management
which invests in healthcare services, branded consumer and business
to business companies. Webster focuses on companies with EBITDA of
between $3 million to $15 million and transaction values of less than
$100 million. Webster Capital provides equity financing, expertise
and a broad contact network for management buyouts and growth
capital. For additional information on Webster Capital please visit
www.webstercapital.com. 
Charlesbank Contact: 
Maura Turner 
mturner@charlesbank.com 
617-619-5457 
 
 
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