Destination XL Group Acquired by Camac Fund | Consumer M&A Deal

Camac Fund has completed the acquisition of Destination XL Group, a retail business in Massachusetts, for $75 million. Destination XL Group operates consumer retail stores selling apparel and related merchandise, with principal offices in Canton, MA. The Camac Fund acquisitions position the buyer for a retail acquisition and consumer M&A strategy focused on a going private acquisition of Destination XL Group. The private equity acquisition is structured as a tender offer to buy all outstanding common shares at $0.82 per share, subject to customary conditions and going-private transaction rules, with the offer dated May 12, 2026.