Spanx, the women’s shapewear brand, has retained Goldman Sachs to explore financial options, including a sale, in a deal that could reach upwards of $1 billion, according to a report from The New York Times.
The brand has attracted interest from private equity firms, including Carlyle, whose past investments in brands include Beautycounter, OGX, Supreme, and TPG, which has invested in Anastasia Beverly Hills, sources told the .
According to the report, Spanx’s sales were placed between $300 million to $400 million over the past year.
Photo courtesy Spanx
