Sun Capital sells on security service SOS after trio of bolt-on expansions

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Sun Capital Partners has agreed to sell security and protection service SOS Security after making a trio of add-on acquisitions for the business.

SOS specializes in security for clients across industries including financial services, retail, technology and communications, real estate and property management, hospitality and entertainment, and government.

Sun co-CEO Marc Leder said, “We recognized the significant potential in SOS as a global security platform, and from day one we applied our operations expertise to help the Company reach its potential.

“We equipped SOS with the tools they needed to scale efficiently, and the support and resources to execute the plan.”

Under Sun’s ownership SOS completed three strategic add-on acquisitions, expanding its operations in the Northeast and on the West Coast of the US.

AltAssets reported in July that Sun Capital had pulled in at least $2.3bn for its seventh flagship buyout fund, beating its initial $2.2bn target.

The firm made its first deal using that vehicle in October by picking up Italian washing machine window and glass tableware business Vetrerie Riunite.

Copyright © 2019 AltAssets

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