July 3, 2007 / 5:20 AM / 13 years ago

Leonard Green, Container Store set partnership

NEW YORK (Reuters) - Private equity firm Leonard Green & Partners LP and retailer The Container Store said on Tuesday they have agreed to a financial partnership in a private transaction whose terms were not disclosed.

The retailer of storage and organizational products, which has 39 U.S. stores, said it expected 2007 sales to reach $600 million.

The privately held company put itself up for sale in February.

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