99 Cents Only Stores
Ares Management and Canada Pension Plan Investment Board acquired 99 Cents Only in 2011 for $1.6B via leveraged buyout. After years of declining performance, Ares concluded liquidation would maximize returns. Filed Chapter 11 in April 2024 and closed all 371 stores by June 2024. Locations sold primarily to Dollar Tree.
- RECORD
- Imported record
Who owns it?
No verified current owner published
We have not published a verified current-owner claim for this entity. Recorded ownership data appears below.
Verified findings
Facts and causal attributions that have passed evidence review and remain backed by their reviewed sources.
No other verified findings published yet.
Recorded ownership
Database ownership records. These are not automatically verified current-owner claims.
- Status
- Unknown
- Control
- Unknown
- Start
- No recorded start date
- End
- No recorded end date
Imported record
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About this record
Verified findings have passed evidence review and stay published only while their reviewed evidence matches what currently exists. A finding is either a verified fact or a causal attribution — a reviewed judgement that one thing contributed to another, published with the attribution strength it earned. The two are not interchangeable.
Everything else on this page is a recorded database entry: ownership, classification, and relationship rows carried over from research and import work. A record existing is not the same as a fact being checked. Imported records were migrated from Death by PE’s earlier database; record origin is separate from verification.