Announced
Completed
Synopsis
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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