Sun Capital Partners

dentalcorp Announces Leadership Changes

Retrieved on: 
Thursday, February 29, 2024

dentalcorp Holdings Ltd. (“dentalcorp” or the “Company”) (TSX: DNTL), Canada’s largest and one of North America’s fastest-growing networks of dental practices, today announced that its President, Guy Amini, is stepping down effective immediately.

Key Points: 
  • dentalcorp Holdings Ltd. (“dentalcorp” or the “Company”) (TSX: DNTL), Canada’s largest and one of North America’s fastest-growing networks of dental practices, today announced that its President, Guy Amini, is stepping down effective immediately.
  • “On behalf of everyone at dentalcorp, I want to thank Guy for his leadership and dedication in his various roles with dentalcorp over the past 10 years.
  • Under Mr. Mosher’s leadership, ClearChoice grew into the largest provider of dental implants in North America, ultimately being acquired by The Aspen Group for over a billion US dollars.
  • Mr. Rosenberg added, “Kevin’s extensive industry experience will be invaluable to dentalcorp as we continue to strengthen our leadership team to support our growth ambitions.

Dental Imaging Systems Global Market Forecasts 2023-2028 - Integration of AI to Allow for Automated Image Analysis, Faster Diagnoses and More Precise Treatment Planning

Retrieved on: 
Friday, January 5, 2024

The dental imaging systems market is estimated to grow at a CAGR of 8.64% to reach US$5.02 billion by 2028 from US$2.81 billion in 2021.

Key Points: 
  • The dental imaging systems market is estimated to grow at a CAGR of 8.64% to reach US$5.02 billion by 2028 from US$2.81 billion in 2021.
  • Integration of artificial intelligence (AI) is expected to play a pivotal role, allowing for automated image analysis, faster diagnoses, and more precise treatment planning.
  • As the global population ages and preventive dentistry gains importance, dental imaging systems play a crucial role in early intervention and treatment planning.
  • Further, increased dental imaging technology and rising demand for cosmetic dentistry are contributing to dental imaging systems market expansion.

Platinum Dermatology Partners Expands Into Florida Through Transformational Merger With Skin & Cancer Associates

Retrieved on: 
Tuesday, December 5, 2023

Platinum Dermatology Partners ("Platinum") announces a new market expansion through its partnership with Skin & Cancer Associates of Florida ("SCA").

Key Points: 
  • Platinum Dermatology Partners ("Platinum") announces a new market expansion through its partnership with Skin & Cancer Associates of Florida ("SCA").
  • "Having SCA as part of Platinum represents a major milestone for us," remarks Michael Pennington, CEO of Platinum Dermatology Partners.
  • We are enthusiastic about the vision and leadership of Platinum Dermatology Partners and congratulate them on this significant milestone”.
  • “We are excited to introduce Platinum to the Florida community and grateful to have found such outstanding partners who share our vision and values."

Communication Power Companies Combines with STI-CO Industries

Retrieved on: 
Monday, December 4, 2023

Addison Capital Partners (“ACP”) announced today that Communication Power Companies (“CPC” or the “Company”), an ACP portfolio company, has partnered with STI-CO Industries (“STI-CO”) management to recapitalize the Company.

Key Points: 
  • Addison Capital Partners (“ACP”) announced today that Communication Power Companies (“CPC” or the “Company”), an ACP portfolio company, has partnered with STI-CO Industries (“STI-CO”) management to recapitalize the Company.
  • STI-CO is a premier design build manufacturer of custom, mission-critical and tactical antenna solutions, founded in 1967 and headquartered in Orchard Park, NY.
  • The business combination and recapitalization provide a long-term capital base to support ongoing and rapid growth for the business of STI-CO and CPC.
  • CPC is a US based, vertically integrated, design-build manufacturer of custom RF and microwave power amplifiers for military, industrial, scientific and medical applications.

SB360 Capital Partners Selected as Exclusive Agent for Klaussner Furniture Industries' Inventory Disposition

Retrieved on: 
Wednesday, October 25, 2023

BOSTON, Oct. 25, 2023 /PRNewswire/ -- SB360 Capital Partners, a leading asset disposition and advisory firm, has been selected as the exclusive agent for the disposition of finished goods, work-in-process inventory, and raw materials for Klaussner Furniture Industries, Inc., an Asheboro, North Carolina-based furniture manufacturer.

Key Points: 
  • BOSTON, Oct. 25, 2023 /PRNewswire/ -- SB360 Capital Partners, a leading asset disposition and advisory firm, has been selected as the exclusive agent for the disposition of finished goods, work-in-process inventory, and raw materials for Klaussner Furniture Industries, Inc., an Asheboro, North Carolina-based furniture manufacturer.
  • Established in 1963, Klaussner Furniture Industries built a reputation for crafting quality home furnishings that blend style, comfort, and durability.
  • SB360 Capital Partners has a track record of successfully assisting companies in various industries, from retail to manufacturing, with their inventory disposition needs.
  • "Klaussner's products are sold by major retailers and furniture dealers across the country," said Aaron Miller, President of SB360 Capital Partners.

FAT Brands Announces Acquisition of Smokey Bones Barbecue Chain

Retrieved on: 
Monday, September 25, 2023

LOS ANGELES, Sept. 25, 2023 (GLOBE NEWSWIRE) -- FAT (Fresh. Authentic. Tasty.) Brands Inc. (NASDAQ: FAT) (“FAT Brands” or the “Company”) today announces it has acquired the Smokey Bones Bar & Fire Grill restaurant chain from an affiliate of Sun Capital Partners, Inc. The acquisition marks the Company’s first foray into barbecue and expands FAT Brands’ portfolio of polished dining chains, which currently includes Twin Peaks. The purchase is expected to increase annual adjusted EBITDA by approximately $10 million, and bring 61 new corporate locations under FAT Brands’ umbrella. The $30 million transaction was funded from the Company’s existing securitization facilities.

Key Points: 
  • Brands Inc. (NASDAQ: FAT) (“FAT Brands” or the “Company”) today announces it has acquired the Smokey Bones Bar & Fire Grill restaurant chain from an affiliate of Sun Capital Partners, Inc.
  • The acquisition marks the Company’s first foray into barbecue and expands FAT Brands’ portfolio of polished dining chains, which currently includes Twin Peaks.
  • The purchase is expected to increase annual adjusted EBITDA by approximately $10 million, and bring 61 new corporate locations under FAT Brands’ umbrella.
  • “We continue to be selective and opportunistic in our acquisition strategy, targeting brands that are both scalable and synergistic with our existing platform,” said Rob Rosen, Co-CEO of FAT Brands.

OceanSound Partners Adds Seven New Professionals to its Growing Team

Retrieved on: 
Thursday, September 14, 2023

The firm currently manages more than $1.8bn in RAUM, has seven companies in its portfolio and has completed acquisitions of 29 companies since inception.

Key Points: 
  • The firm currently manages more than $1.8bn in RAUM, has seven companies in its portfolio and has completed acquisitions of 29 companies since inception.
  • He started his career as an Investment Banking Analyst at M&A advisory firm North Point Advisors and holds a dual A.B.
  • Caroline Weakland, Senior Associate, joins OceanSound from Sun Capital Partners, where she worked in the firm’s Technology Group.
  • “We are very excited that this talented group of professionals is joining OceanSound at a time of great growth for our firm,” said Joe Benavides, Managing Partner of OceanSound Partners.

StenTech Acquires Stencil Manufacturer Photo Etch Technology

Retrieved on: 
Tuesday, August 22, 2023

Align Capital Partners (“ACP”) is pleased to announce its portfolio company StenTech (the “Company”), a leading provider of surface mount technology (“SMT”) stencils, pallets, tooling and related components, has acquired Photo Etch Technology (“Photo Etch”).

Key Points: 
  • Align Capital Partners (“ACP”) is pleased to announce its portfolio company StenTech (the “Company”), a leading provider of surface mount technology (“SMT”) stencils, pallets, tooling and related components, has acquired Photo Etch Technology (“Photo Etch”).
  • Photo Etch (together with its affiliate Utz Technologies ) manufactures SMT stencils, mesh screens and parts for OEM and contract manufacturing customers across its current facilities in four U.S. markets.
  • In terms of strategic fit, Photo Etch deepens StenTech’s existing presence in Silicon Valley and New England, while adding new geographic reach into Florida via its Clearwater operation.
  • “This acquisition represents StenTech’s continued growth and innovation, and we are excited by the opportunity to serve Photo Etch’s customers.”
    “The Photo Etch transaction represents further validation of our growth thesis for StenTech,” commented ACP Managing Partner Chris Jones.

Sun Capital Partners Affiliate Enters into Definitive Agreement to Acquire Koch Separation Solutions from Koch Engineered Solutions

Retrieved on: 
Monday, August 14, 2023

Sun Capital Partners, Inc. (“Sun Capital”), a leading private investment firm focused on defensible businesses in growing markets with tangible performance improvement opportunities, today announced its affiliate has reached a definitive agreement with various subsidiaries of Koch Engineered Solutions, LLC, a subsidiary of Koch Industries, Inc., to acquire Koch Separation Solutions (“KSS” or “the Company”).

Key Points: 
  • Sun Capital Partners, Inc. (“Sun Capital”), a leading private investment firm focused on defensible businesses in growing markets with tangible performance improvement opportunities, today announced its affiliate has reached a definitive agreement with various subsidiaries of Koch Engineered Solutions, LLC, a subsidiary of Koch Industries, Inc., to acquire Koch Separation Solutions (“KSS” or “the Company”).
  • The acquisition by an affiliate of Sun Capital will pave the way for KSS to strengthen its market presence and improve its economies of scale.
  • Founded in 1963 and headquartered in Wilmington, Massachusetts, KSS has more than 700 employees and decades of experience providing separation technologies.
  • Over the next several decades, the business evolved into new markets, offering innovative solutions to the most demanding in-process separation challenges.

Schneider Geospatial Continues Growth Journey with Acquisition of Spatialest

Retrieved on: 
Wednesday, August 9, 2023

Align Capital Partners (“ACP”) announced today that its portfolio company Schneider Geospatial, LLC (“Schneider Geospatial” or the “Company”) acquired Spatialest .

Key Points: 
  • Align Capital Partners (“ACP”) announced today that its portfolio company Schneider Geospatial, LLC (“Schneider Geospatial” or the “Company”) acquired Spatialest .
  • By combining forces, Schneider Geospatial expands its market presence and further strengthens the Company’s land records solution portfolio.
  • "Bringing Spatialest into the Schneider Geospatial family is a significant step forward in our strategic roadmap," said Jeff Corns, CEO of Schneider Geospatial.
  • ACP acquired Schneider Geospatial in June of 2022 and this transaction marks the third add-on for the Company.