Announced
Completed
Synopsis
Sun Capital Partners, a private equity firm, completed the acquisition of Andersen Commercial Plumbing, a provider of commercial plumbing solutions, from Seaside Equity Partners. Financial terms were not disclosed. “When evaluating potential partners that could help us optimize and execute our growth plan, we looked at a number of factors, including a history of working with services businesses, a strong track record with founder-owned companies, and a reputation for hands-on operational expertise. Sun Capital’s combination of resources, industry knowledge and experience made them the ideal match. Along with our CEO Christian Hand, I am excited to work with the Sun Capital team to build on our leadership position and capitalize on new opportunities,” Paul Andersen, Andersen Commercial Plumbing Founder and President.
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