Brigade Capital and Macellum Capital Complete $1 Billion Acquisition of Family Dollar

Paul, Weiss advised global asset management firm Brigade Capital Management in its partnership with investment firm Macellum Capital Management to acquire the Family Dollar business segment of Dollar Tree, Inc., for $1.007 billion. Under the terms of the deal, completed on July 7, Family Dollar, which operates over 8,000 stores in 48 states, will remain headquartered in Chesapeake, Virginia. Brigade and Macellum will provide Family Dollar with the strategic support and financial resources needed to unlock its full potential.

The Paul, Weiss team is led by corporate partners Jeffrey Marell, Cullen Sinclair, Michael Montgomery and associates Brynne Becker and Molly Manning, and includes partners Thomas de la Bastide, Timothy Cruickshank and Joseph Friedman, and counsel Marc Shepsman; tax partner Scott Sontag and counsel Daniel Bleiberg; intellectual property partners Claudine Meredith-Goujon and Bonnie Chen, and counsel Elana Bensoul; real estate partners Salvatore Gogliormella and Matthew Dulak; litigation partners Randy Luskey and Jonathan Tam, and counsel Audrey Paquet; executive compensation Lisa Krausz Eisenberg; antitrust counsel Todd Hahn; and environmental counsel William O’Brien.