Insight ReportSycamore Partners to Acquire Staples for $6.9 Billion Coresight Research June 30, 2017 Executive Summary Sycamore Partners will acquire US office supplies retailer Staples in a leveraged buyout deal for $6.9 billion. Staples has been suffering from increasing competition and slowing demand for office supplies, while its attempted merger with Office Depot was blocked on antitrust grounds in 2016. The leveraged buyout deal is expected to allow the company more leeway to restructure and better position its business amid current headwinds. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: The New AI Unicorn—Reka AI Secures $110 Million from NVIDIA and Snowflake: What You Need to KnowWeekly US Store Openings and Closures Tracker 2025, Week 33: FatFace To Close All Stores; 7-Eleven Announces Major Store ExpansionUS Back to School 2025, Part 2: Where Consumers Will Shop—Opportunities with Higher-Income Shoppers, in Retail Media and on TikTokWeekly US Store Openings and Closures Tracker 2025, Week 49: Claire’s Closes 146 More Stores Than Announced
