Shopko Promotes Soltau to President, Chief Merchandising Officer

Shopko, which is backed by Sun Capital Partners, said Friday it has promoted Jill Soltau to the position of President and Chief Merchandising Officer. She was previously Shopko’s EVP and chief merchandising officer. Green Bay, Wis.-based Shopko is a retailer that operates almost 350 stores in 22 states.

Sun Capital Sells Royal Robbins to Bruckmann, Rosser

Bruckmann, Rosser, Sherrill & Co. said Wednesday that it has acquired Royal Robbins. The seller was Kellwood Company, a Sun Capital Partners portfolio company. Financial terms were not announced. Modesto, Calif.-based Royal Robbins designs, makes and markets outdoor and retail apparel.

Sun Capital Partners’ Trulite Acquires WSG

Sun Capital Partners‘ portfolio company Trulite Glass & Aluminum Solutions has completed the acquisition of Western States Glass Corporation of Northern California, a glass fabricator and distributor. Terms of the deal were not disclosed.

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Private Equity Wants a Bite of Hostess

Hostess Brands may not be done yet. The maker of Twinkies and Ding Dongs is expected to meet with its lenders and one of its bigger unions later today as it attempts to avoid liquidation. Private equity also appears interested in Hostess. C. Dean Metropoulos & Co., the PE firm that owns Pabst Brewing, said last week that it was considering making an offer for Hostess, according to press reports. Sun Capital Partners also confirmed it wants to buy Hostess.

Carlyle Group Buys Walbro Engine from Sun Capital

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.

Reuters – Sun Capital Mulls Lingerie Sale

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 Restaurant Chain Names Christopher Artinian President and CEO

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 & […]

Sponsors Generate $500M+ Through Secondary Offerings: CORRECTED

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 Closes Sale of Fearman’s Pork

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 […]

Maguire Named CEO of Friendly’s Ice Cream

Friendly’s Ice Cream said Wednesday that John Maguire was named CEO. Maguire was most recently EVP and COO of Panera Bread. Friendly’s is a Sun Capital Partners portfolio company. PRESS RELEASE Friendly’s Ice Cream, LLC, the operator of Friendly’s restaurants and a distributor of ice cream products in leading supermarkets, today announced that John M. […]

ConAgra Foods Completes Buy of Del Monte Canada

Sun Capital Parters said Wednesday that it has closed the sale of Del Monte Canada to ConAgra Foods. EG Capital Group also sold its minortiy stake in Del Monte Canada. The sale was announced in January. PRESS RELEASE Sun Capital Partners, Inc. (“Sun Capital,”) a leading private investment firm specializing in leveraged buyouts and investments […]

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