Sun Capital completes Kellwood buyout

Sun Capital Partners Inc. has completed its $540 million buyout of Kellwood Co., the investment firm said Wednesday.

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After launching a tender offer, Sun Capital Partners bought enough shares to take control of Kellwood, a St. Louis-based clothing marketer.

For Subscribers

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FOR SUBSCRIBERSKratom-like substances are popping up in a typically benign supplement

FOR SUBSCRIBERSGOP super PAC increases its spending for Sen. Jon Husted in tough Ohio race

FOR SUBSCRIBERSRecords reveal tumultuous marriage between slain New York Times executive and wife

FOR SUBSCRIBERSFrom clean energy warrior to ‘wall of shame,’ James Talarico reverses on a fossil fuel money pledge

FOR SUBSCRIBERSCongressional staff planned official trip with luxury stops in Italy and France weeks before election

FOR SUBSCRIBERSA harrowing ordeal aboard an Israel-bound plane

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FOR SUBSCRIBERSTrump’s new AI chatbot often links to a site launched under Clinton 26 years ago

FOR SUBSCRIBERSAt MAHA summit, industry CEOs the movement once vilified take the stage

FOR SUBSCRIBERSThis Paralympian has two goals: Win medals and give away $500,000 to her teammates

Sun Capital Partners manages more than 180 companies worth $35 billion, including Friendly Ice Cream Corp., Jevic Transportation Inc., Marsh Supermarkets and Boston Market Corp.

Now in the hands of a private investor, Kellwood's stock will no longer trade on a public exchange.