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Sun Capital Partners
“Friendly's, Shopko, Smokey Bones. If Sun Capital buys it, start saying goodbye.”
Sun Capital Partners no longer owns any of the 6 consumer brands we track under its name.
6
Brands Tracked
2
Categories
6
Formerly Owned
Sun Capital has a remarkable track record of destroying the companies it acquires. They bought Friendly's for $337 million and sold it for $2 million. They bought Shopko for $1.1 billion, sold its real estate out from under it, and liquidated all 360 stores. They bought Smokey Bones and held it for 15 years without ever turning it around. Their standard move: buy a company, sell the real estate out from under it, charge consulting fees, and let the business collapse under the weight of its own rent.
Founded 1995 · Boca Raton, FL