Sun Capital Sponsored Single-Asset Continuation Vehicle Completes Acquisition of Anderson Global
Sun Capital Sponsored Single-Asset Continuation Vehicle Completes Acquisition of Anderson Global
Anderson Global Completed 14 Acquisitions and Posted Greater than 5X LTM EBITDA Increase Since Investment
BOCA RATON, Fla.--(BUSINESS WIRE)--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 that a single asset Continuation Vehicle sponsored by a Sun Capital affiliate (“CV”) completed the acquisition of Anderson Global (“the Company”), an industry-leading global corporate and fund services platform. Financial terms were not disclosed.
Anderson Global is an international corporate services and fund administration platform, serving more than fifty thousand customers, which are predominately small and mid-sized businesses as well as entrepreneurs.
The transaction is expected to provide Anderson Global with the resources to continue a growth trajectory that has seen LTM EBITDA increase from $7.8 million at the time of Sun’s initial investment in Anderson Global in March 2023, to $39.4 million as of June 30, 2026.
“The successful completion of this transaction reflects our conviction in Anderson Global’s prospects for ongoing growth. This process provided Fund VIII Limited Partners with a liquidity option or the option to continue their investment in Anderson Global by rolling all or a portion of their existing interests into the CV,” said Marc Leder, Co-CEO of Sun Capital Partners. “The Company has outperformed our base case, and we look forward to continuing our support together with management, and the other investors in this transaction.”
During Sun Capital’s partnership, Anderson Global completed 14 add-on acquisitions and expanded its geographic presence, including the opening of shared service centers in Dubai and India. In collaboration with Sun Capital, Anderson Global also undertook several value creation initiatives including reorganizing into three divisions, a comprehensive rebranding to strengthen market positioning, building out the leadership team, enhancing lead generation and conversion processes, and new digital marketing.
“The successful closing of the continuation vehicle gives Anderson Global the opportunity to build on our momentum and continue growing through strategic acquisitions,” said Eric Lo, CEO of Anderson Global. “We are excited to welcome new investors as we enter this next chapter and look forward to creating value for our customers, employees and limited partners.”
“We’re proud of our partnership with Anderson Global, and we continue to look for businesses where we can deploy our buy and build strategy and create value for our limited partners,” added Leder.
About Sun Capital Partners, Inc.
Sun Capital Partners, Inc. is a global private equity firm focused on partnering with outstanding management teams to accelerate value creation. Since 1995, Sun Capital has invested in over 570 companies worldwide with revenues in excess of $50 billion across a broad range of industries and transaction structures. The firm has built a reputation as a trusted partner, recognized for its operational experience. Sun Capital focuses on defensible businesses in growing markets with tangible performance improvement opportunities in the Business and Consumer Services, and Industrials and Distribution sectors. The firm has offices in Boca Raton, Los Angeles, and New York.
Further information is available at www.suncappart.com
About Anderson Global
Anderson Global is an international corporate and fund services provider with more than 850 professionals across 15 offices worldwide. Anderson Global provides comprehensive solutions in entity formation, tax and accounting, fund administration, and business advisory, helping entrepreneurs and investors build and scale businesses globally. To learn more about Anderson Global please visit: https://www.anderson-global.com/
Contacts
Media Contacts
Sun Capital Partners, Inc.
Pia DeSousa
pdesousa@suncappart.com
