Cases & Deals

EDIT TX acquires MW Cleaners from Tailored Brands

Client(s) EDIT TX LLC

Jones Day represented EDIT TX LLC, a newly-formed management led buyout group, in connection with the acquisition and related financing of MW Cleaners, an independent retail dry cleaning business, from Tailored Brands, Inc., a leading specialty retailer of men's tailored clothing and large men's formalwear provider in the U.S. and Canada. The financing consisted of a $15 million term loan and a $2 million advancing term loan provided by Green Bank N.A.