Transformco

Transform SR Brands LLC (doing business as Transformco, referred to as "New Sears") is an American privately held company formed on February 11, 2019, to acquire some of the assets of Sears Holdings Corporation. The new company is owned by ESL Investments. Following the Chapter 11 bankruptcy filing of Sears Holdings on October 15, 2018, Transformco purchased the surviving assets owned by Sears Holdings for $5.2 billion.

Transform SR Brands LLC
Transformco
Company typePrivate
IndustryRetail
Genre
PredecessorsSears Holdings Corporation
FoundedFebruary 11, 2019 (February 11, 2019)
FounderEddie Lampert
Headquarters,
Areas served
Key people
OwnerESL Investments
Number of employees
45,000 (2019)
Subsidiaries
Websitetransformco.com

On June 3, 2019, it was announced that Transformco would acquire Sears Hometown and Outlet Stores. As per deal, Sears Hometown might need to divest its Sears Outlet division to gain approval.

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