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Announced

Completed

Sun Capital Partners completed the acquisition of Century Distribution Systems.

Financials

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

Sources

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Tags

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Friendly

Domestic

freight consolidation

Freight Forwarding

United States

Acquisition

Completed

Majority

Private Equity

Single Bidder

Private

Synopsis

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Sun Capital Partners, a private investment firm focused on defensible businesses in growing markets with tangible performance improvement opportunities, completed the acquisition of Century Distribution Systems, which engages in freight consolidation, internet based supply chain management, and warehousing and distribution. Financial terms were not disclosed. "Century fits nicely in our sweet spot, as a defensible business that provides a critical service to retailers and manufacturers, and it aligns well with our operational focus and extensive experience with corporate carve-outs. The Company’s long track record of reliable execution, knowledge of industry dynamics and customs, strong infrastructure and blue-chip client base are all great strategic advantages," Marc Leder, Sun Capital Co-CEO.

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