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New Deal


Announced

Completed

Sun Capital completed the acquisition of Tier One from Southfield Capital.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Trucking

Acquisition

Private

Single Bidder

Completed

relocation services

Majority

Friendly

Private Equity

Synopsis

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Sun Capital, a private investment firm specializing in leveraged buyouts and investments in market-leading companies, completed the acquisition of Tier One from Southfield Capital. Financial terms were not disclosed. Tier One procures orders, coordinates directly with both the government and the service member being relocated, sources transportation vendors, and manages all billing and back-office functions. “The acquisition of Tier One by our affiliate presents Sun Capital a fantastic opportunity to apply our experience providing services to government agencies and the military. We’re excited to partner with the management team to grow this business as it offers essential services to soldiers and their families,” Marc Leder, Sun Capital Co-CEO.

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