Last deal

$58M

Amount

Post-IPO Debt

Stage

01.08.2023

Date

2

all rounds

$383M

Total amount

date founded

Financing round

General

About Company
Tanger is a discount shopping destination.

Industry

Sector :

Subsector :

founded date

01.01.1981

Number of employees

Company Type

For Profit

Last funding type

Post-IPO Debt

IPO status

Private

Description

Tanger Factory Outlet Centers Inc is a fully-integrated REIT that owns and operates outlet centers across the US and Canada. With approximately 30 centers and over 2,200 stores, Tanger offers a total gross leasable area of around 11.5 million square feet. Their focus is on developing, acquiring, owning, operating, and managing outlet shopping centers. The company generates most of its revenue from rental income from real property. Tanger's website offers fashion reporting on the latest trends, helping shoppers plan their trips and save money with downloadable coupons.
Contacts

Contact Email

Phone number

Social url

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Financials

Funding Rounds
2
2

Number of Funding Rounds

$383M

Money Raised

Their latest funding was raised on 01.08.2023. Their latest investor First Citizens Bank. Their latest round Post-IPO Debt

Date 
Funding Round 
Investors 
Money Raised 
Lead 
First Citizens Bank

First Citizens Bank

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Sector

Banks

Subsector

Banks

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Raleigh, NC, USA

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count Of Investments

27

count Of Exists

1
First Citizens Bank

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First Citizens Bank helps customers manage their money by offering a range of banking services.

Sector

Banks

Subsector

Banks

Location

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Co-Investors
Investors
1
1

Number of lead investors

1

Number of investors

Investor 
Lead 
Round 
Partners 
Yes
Post-IPO Debt
First Citizens Bank

First Citizens Bank

First Citizens Bank helps customers manage their money by offering a range of banking services.

Sector

Banks

Subsector

Banks

Location

Raleigh, NC, USA

total rounds

3

total raised

$33M

count Of Investments

27

count Of Exists

1

People

Employee Profiles
4
Michael Bilerman

Michael Bilerman

EVP, Chief Financial Officer and Chief Investment Officer

Stephen Yalof

Stephen Yalof

President and Chief Executive Officer

Leslie Swanson

Leslie Swanson

Executive Vice President Of Operations

Steven Tanger

Founder

Activity

Recent News
7
News Timeline

The graph reveals the ratio (%) of positive news articles in a chosen time range

month