Sun Capital Partners
| Company type | Private |
|---|---|
| Industry | Private equity |
| Founded | 1995 |
| Founder | Marc J. Leder, Rodger Krouse |
| Headquarters | Boca Raton , United States |
Area served | United States |
| Products | Leveraged buyout transactions, middle-market enterprises acquisition and enhancement |
| Website | suncappart |
Sun Capital Partners, Inc. is a U.S.-based private equity firm with a focus on leveraged buyout transactions. Established in 1995 by Marc J. Leder and Rodger Krouse, who were former classmates at the Wharton School of the University of Pennsylvania and previously worked as investment bankers at Lehman Brothers, the company concentrates on acquiring and enhancing middle-market enterprises.
History
Sun Capital's initial venture involved creating Emerald by executing a corporate carveout from the food ingredients and industrial specialties segments of Lubrizol.
In 2015, the firm divested Point Blank Enterprises, a portfolio asset that had been assembled through bankruptcy auction processes.
According to a 2016 report by The Wall Street Journal, Sun Capital achieved returns exceeding eighteen times its capital in Critical Flow Solutions after successfully doubling the company's earnings within a period shorter than two years. Critical Flow was established in 2015 by carving out three divisions from Curtiss-Wright Corporation. Additionally, that same year, Sun Capital's disposition of Admiral Petroleum Co. and Lemmen Oil Co. produced an outstanding return equivalent to 1,530 times the initial investment, underscoring the firm's skill in delivering exceptional multiples on smaller-scale transactions.