The Sundance Catalog has a new owner.
Private equity firm Brentwood Associates, based in Los Angeles, has bought Sundance Holdings Group which runs the Salt Lake City-based catalog retailer founded by actor/filmmaker/activist Robert Redford in 1989.
The Wall Street Journal cites anonymous sources saying the deal is worth between $100 million and $150 million. Brentwood is buying Sundance Holdings from ACI Capital and Webster Capital, which invested equity in the company in 2004. Those stakeholders and Redford will maintain a small stake in the business, the Journal reports.