Sun Capital Partners, Inc. is an American privately held global investment firm focused on leveraged buyouts, equity, debt, and other investments. The company has invested in more than 375 companies worldwide and has offices in Boca Raton, Florida, Los Angeles and New York, and an affiliate in London. Sun European Partners, LLP is the European adviser to Sun Capital Partners, Inc.
Operations
Sun Capital has approximately $13 billion of Cumulative Capital Commitments, and often provides financing for the full purchase price at closing and then later raising long-term debt financing. Sun Capital targets companies with $50 million to $1.0 billion in revenue for a platform investment, any revenue size for add-on opportunities to existing portfolio companies.
Investments
2003: Sun Capital Partners acquired bagel chain Bruegger's Enterprises and majority share of Mackie Designs.
2007: Sun Capital acquired majority stake in "The Limited" from L Brands in 2007 and the rest in 2010. They wrote off the investment and closed stores in 2017.
2010: Sun Capital Partners acquired V&D, the largest Dutch warehouse chain that employed 10,000 people. The chain went bankrupt in 2015 when Sun Capital Partners refused to extend additional credit.
2011: Sun Capital completed 33 transactions including an investment in The SCOOTER Store, acquired NextPharma, Polestar UK Print, the Britton Group, Vitro America, Contessa Premium Foods and Scotch and Soda, an Amsterdam-based clothing manufacturer/retailer and Kobusch-Sengewald, a German-based packaging provider. Sun Capital has also exited Bruegger's Bagels which was acquired by Groupe Le Duff and Big 10 Tires which was acquired by Pep Boys.
2012: Sun Capital completed 30 transactions including Strauss Innovation, a Germany-based home furnishing and apparel retailer, American Golf UK clothing retailer Bonmarché, CornerStone Research & Development, Certified Power and Elix Polymers. Sun Capital has also exited Thermasys which was acquired by Wellspring Capital Management, Del Monte Canada was sold to ConAgra Foods and Raybestos Powertrain was sold to Monomoy Capital Partners, FRS was sold to Park-Ohio Holdings, Sonneborn was sold to One Equity Partners and Fearmans Pork was sold to Sofina Foods.
2012: Sun Capital acquired S&N Communications.
2013: Sun Capital completed eighteen acquisitions, eight exits and two IPOs. Some transactions include: Johnny Rockets was sold to Sun Capital Partners in 2013. A majority stake in food packaging company Paragon Print and Packaging was also acquired by Sun Capital Partners in 2013.
2014: Sun Capital completed the acquisitions of ADTI, Aclara and Robertshaw. Sun Capital exited Wabash, Farfield Companies, Certified Power, Cornerstone, Manoir Aerospace, Emerald Performance Materials, DBA Apparel and Chicago Leisure.
