IPO Newsroom(@IPONewsroom_):HOT TOPIC IS ABOUT TO CHANGE HANDS FOR $350 MILLION. SYCAMORE PARTNERS BOUGHT IT FOR ALMOST DOUBLE THAT IN 2013 Sycamore Partners is in advanced talks to sell Hot Topic to Spencer Spirit Holdings, the parent of Spencer's and Spirit Halloween. Sycamore took Hot Topic private for about $600 million in 2013. An announcement could come as soon as Tuesday, though nothing is finalized and details could still change.

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2026.08.05 16:29

HOT TOPIC IS ABOUT TO CHANGE HANDS FOR $350 MILLION. SYCAMORE PARTNERS BOUGHT IT FOR ALMOST DOUBLE THAT IN 2013 Sycamore Partners is in advanced talks to sell Hot Topic to Spencer Spirit Holdings, the parent of Spencer's and Spirit Halloween. Sycamore took Hot Topic private for about $600 million in 2013. An announcement could come as soon as Tuesday, though nothing is finalized and details could still change.