The firm is headquartered near Los Angeles in Gardena, California. CSC Generation is an e-commerce investor that was founded in 2016 by CEO Justin Yoshimura, Altos Ventures, and Panasonic. Marquee Brands has partnered with CSC Generation on this transaction to develop new products and for its operational expertise in the home sector across retail stores and data-driven eCommerce. The buy of Sur La Table is the 12th brand in Marquee’s portfolio increasing its reach to nearly $3 billion in annual retail equivalent sales. Through this new transaction, the Sur La Table brand will be incorporated under Marquee’s Home and Food division. In May 2019, Marquee Brands formed a new Home and Food division to acquire the Martha Stewart and Emeril Lagasse brands from publicly-traded Sequential Brands Group. The operating arm of Marquee is led by Michael DeVirgilio, president, and Cory Baker, chief operating officer. Marquee’s investment team is led by Samuel Porat and Zachary Sigel, both are managing directors at Neuberger Berman. The company and Neuberger Berman closed a dedicated investment fund, Marquee Brands Partners LP, in February 2016 with $462 million of committed capital. Marquee Brands was formed by Neuberger Berman in 2014 to acquire, license and manage a portfolio of consumer brands. At one time, Sur la Table was the second-largest specialty cookware retailer in the United States behind only Williams Sonoma. In July 2020, the company filed for Chapter 11 bankruptcy with Fortress Investment Group and Stor圓 Capital Partners as the stalking horse bidders with an offer valued at more than $61 million. Sur La Table was acquired by Investcorp in September 2011. The business has 121 stores across the country and was founded in Seattle in 1972 by Shirley Collins. Sur La Table is also one of the largest providers of non-degree cooking education in the United States with over 650,000 students. Seattle-based Sur La Table (French for “on the table”) is a retail, catalog, and eCommerce seller of kitchenware products, including cookware, cutlery, cooks’ tools, small electrics, tabletop and linens, bakeware, glassware, housewares, and food. Marquee Brands and CSC Generation have agreed to acquire the Sur La Table brand and all of its related intellectual property for $88.9 million.
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