Nexus Capital Management has completed its acquisition of CW Holdings, the parent of Coldwater Creek and Soft Surroundings, from Newtimes Group, it said on 2 November 2026.
Why Nexus Capital Management LP is buying CW Holdings, LLC (Coldwater Creek and Soft Surroundings), from Newtimes Group
Nexus said the brands have a loyal customer base built on a distinctive point of view, and it plans to work with management on their growth.
Deal terms and financing
Financial terms were not disclosed. Paul, Weiss and Baird advised Nexus; Greenberg Traurig and The Sage Group advised Coldwater.
Regulatory approvals and timing
The transaction has completed.
Market context
Coldwater Creek, founded in Sandpoint, Idaho in 1984, acquired Soft Surroundings out of Chapter 11 in 2023, after which the latter moved to digital-only sales, according to Chain Store Age.
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