Sun Capital Partners related stories
All articles and analysis
- Sun Capital promotes five to managing director
The firm, which has closed 31 acquisitions this year, now has 22 managing directors, including 11 on its operations team, nine on its investment team and two responsible for global infrastructure.
- Sun adds three to London team
Sun European Partners has bolstered its London-based team, seven months after senior managing director Michael Kalb moved to the UK capital to oversee the European operation.
- Z Capital in Sun Capital DIP fight
The distressed debt specialist is offering a competing debtor-in-possession loan for bankrupt Sun Capital Partners portfolio company Real Mex, one of two restaurant chains the firm controls to go bankrupt this week.
- Kelso Place hires former Sun Europe CEO
Turnaround-focused Kelso Place has hired Philip Dougall as the ninth member of its investment team as it gears up for eurozone crisis fallout.
- Blackstone snaps up Jack Wolfskin
Blackstone has acquired German outdoor clothing company Jack Wolfskin, the latest in a slew of deals which have come despite retailers struggling due to subdued consumer spending.
- Gordon Brothers shakes up management
The firm has hired former Sun Capital executive Gary Talarico (pictured) to replace Michael Frieze as CEO. Talarico has experience in Tokyo and will help the firm expand in Japan.
- Sun Capital bets on US construction
The firm has paid $44m for Vitro America, a Memphis, Tennessee-based glass manufacturer forced into bankruptcy by its creditors in November.
- Sun Capital expects more modest fund size
The firm told LPs at its annual meeting that it will hit the fundraising trail in about 18 months and target $3bn with a hard-cap of $4bn, putting it in line with others managers now raising smaller funds than predecessor vehicles.
- Sun Capital takes a 13x bite out of Bruegger’s
Sun Capital Partners has sold Bruegger’s Enterprises, which it acquired in May 2003. Under Sun’s ownership, the company increased sales by 76% and more than doubled EBITDA.
- Sun Capital weighs opportunities in China
The firm has two offices in China, but legal issues and a lack of financing make it hard to source deals in the country, says co-CEO Rodger Krouse.