Describes Texas Pacific Group, the purchase and operation of J. Crew, the catalog and specialty clothing store. Highlights the problems of financing of such transactions are involved, and then focuses on the operational challenges of turning around the economy and TPG intense involvement in the management of the company. Details of the improvements in the economy, and then the austerity measures, so the companies that paid a considerable debt payment. TPG must decide whether to sell the busine … Read more »

Describes Texas Pacific Group, the purchase and operation of J. Crew, the catalog and specialty clothing store. Highlights the problems of financing of such transactions are involved, and then focuses on the operational challenges of turning around the economy and TPG intense involvement in the management of the company. Details of the improvements in the economy, and then the austerity measures, so the companies that paid a considerable debt payment. TPG has to decide whether to sell the business and get out “whole”, or whether they develop and execute a successful strategy for the future.
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from
Michael J. Roberts,
William A. Sahlman,
Lauren Barley
Source: Harvard Business School
27 pages.
Publication Date: Aug 23, 2007. Prod #: 808017-PDF-ENG
Texas Pacific Group – J. Crew HBR case solution