Sun bought Arizona-based Walbro in March 2007 as part of a corporate carve-out from TI Automotive.
The firm went on to invest more than $35m in capital projects at the company, including developing new technologies for multi-layer fuel tanks and engine management products.
The sale marks Sun’s seventh exit of a portfolio company in 2012. Financial terms of the deal were not disclosed.
Sun Co-CEO Marc Leder said, “Walbro is a recognised leader in advancing technology in the carburetor and fuel management industry with market-leading positions in North America, Europe and Asia, and is well positioned for growth in emerging markets.”
Earlier this month Sun acquired S&N Communications, a regional provider of construction and maintenance services to telecom, cable, natural gas and utility companies.
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