Reuters – Vince Explores IPO

Vince, a contemporary sportswear brand owned by private equity firm Sun Capital Partners, is exploring an initial public offering later this year, writes Reuters. The company is working with banks including Goldman Sachs Group Inc and UBS AG, according to Reuters.

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.

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