By  on August 14, 2012

NEW YORK — Intermix could be getting a new shareholder, maybe even before yearend.

The Sage Group has been hired as investment banker to help the specialty chain raise capital for its expansion plans.

Khajak Keledjian, founder and chief executive officer of Intermix, said, “We’ve had lots of inquiries from potential investors. We’ve hired Sage to help us explore what [options] there are to help us grow to the next level.”

According to financial sources, the process is still at an early stage. Some of these sources noted that it also could be a good time for New York-base private equity firm Goode Partners to exit its minority investment in Intermix, which it acquired in 2007.

 

load comments
blog comments powered by Disqus