Nexus Acquires Coldwater

Nexus acquisition of Coldwater


Summary

Nexus Capital Management LP (“Nexus”) has acquired Coldwater Holdings (“Coldwater” or the "Company"). Financial terms of the transaction were not disclosed.

Baird served as exclusive financial advisor to Nexus on this transaction.

About
Nexus is an alternative asset investment management company that was founded in 2013. Nexus employs a flexible investment mandate that focuses on long-term value creation by partnering with leading management teams and businesses. Nexus is headquartered in Los Angeles, California.

Coldwater is a direct-to-consumer women’s apparel and lifestyle platform with additional offices in St. Louis, Missouri and Boston, Massachusetts. The Company’s flagship brand, Coldwater Creek, was founded in Sandpoint, Idaho in 1984 and offers women’s apparel, shoes and accessories in misses, petite and women’s sizes, inspired by the natural beauty of the Pacific Northwest. Soft Surroundings, founded in St. Louis, Missouri in 1999, offers women’s apparel and lifestyle products designed around softness, comfort and artisanal details. Both brands serve their customers through their e-commerce sites and catalogs. Coldwater is headquartered in Fort Lauderdale, Florida.

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Nexus acquisition of Coldwater

Date
November 2026
Company
Nexus Capital Management LP
Transaction
M&A - Buyside
Sectors
Consumer
Verticals
Performance & Lifestyle Apparel and Footwear
Target Geography
North America
Acquiror Geography
North America

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