Sun Capital Partners is to acquire Sleep Innovations, a designer, manufacturer and marketer of memory foam products, including pillows, mattress toppers and mattresses. Terms of the transaction were not disclosed.

Sun Capital Partners said Monday that it has sold Walbro Engine Management to the Carlyle Group. Financial terms weren’t announced. Tucson, Arizona-based Walbro makes air and fuel management and ignition systems for the non-automotive engine market. Sun acquired Walbro in 2007 from TI Automotive. The investment came from Sun’s fourth fund.

Marc Leder, co-CEO of Sun Capital Partner, hosted a $50,000-a-plate fundraiser for Mitt Romney back in May. Romney, at the dinner, made disparaging remarks about Obama supporters.

Sun Capital’s fifth fund suffered some bumps but also produced some winners. The firm is out fundraising for its sixth pool, which has a $3 billion target.

US private equity firm Sun Capital Partners has appointed Morgan Stanley to sell DBApparel, the maker of Wonderbra, Dim and Playtex lingerie, in a deal that could fetch more than 600 million euros ($761 million), writes Reuters.The business, which Sun Capital bought from Sara Lee six years ago, has seen its profitability increase sixfold following [...]

Smokey Bones, an Orlando, Florida-based restaurant chain that has been owned since 2008 by Sun Capital Partners, has named Christopher Artinian as its new president and CEO. Artinian was formerly president and CEO of Morton’s Restaurant Group. Smokey Bones operates 66 locations in 17 states and employs nearly 2,300 people. PRESS RELEASE: Smokey Bones Bar & [...]

Several LBO shops in recent weeks have taken advantage of a reasonably healthy stock market to sell down stakes in public companies whose share prices have bloomed since going public, Buyouts reports in its June 4 edition. Separate sales on the secondary market by Blum Capital Partners, Clayton, Dubilier & Rice, Oaktree Capital Management, Sun Capital Partners [...]

Sun Capital Partners said Friday that it has completed the sale of Fearman’s Pork to Sofina Foods. Financial terms weren’t announced. Fearman’s operates the largest pork processing plant in Ontario, Canada. PRESS RELEASE Sun Capital Partners, Inc. (“Sun Capital,”) a leading private investment firm specializing in leveraged buyouts and investments in market-leading companies, today announced [...]

North Castle Partners, a firm that specializes in buying companies that promote healthy living, is interested in more turnaround deals.