Sun Capital Partners, Inc.
Boca Raton, FL · Founded 1995 · ~$10-100B AUM
Why it invests in the trades
Sun Capital is an operationally focused buyout firm that owned Horizon Services from March 2017 to November 2019 and ran a buy-and-build strategy across locally operated residential HVAC/plumbing businesses, completing 10 add-ons and entering Northern New Jersey, Northern Virginia, Atlanta and Florida before selling to New Mountain Capital.
Platforms in Tampa Bay (1)
Strikepoint Group Holdings, LLC
Local brands ultimately backed by Sun Capital Partners, Inc. (8)
IERNA's Heating, Cooling and Plumbing
Pinellas Comfort Systems
Performance Air Conditioning, Electrical & Plumbing
Paradise Air
Elite Home Services
Mr. AC Cooling & Heating
Elite Heating and Air
IERNA's Heating, Cooling & Plumbing
Notable exits — what happened next
How this investor has behaved when the clock ran out elsewhere.
- Horizon Services (2019) → New Mountain Capital. Sun Capital affiliate sold Horizon Services (later Strikepoint Group Holdings) to New Mountain Capital; terms undisclosed. [source]
Frequently asked
What does Sun Capital Partners, Inc. own in Tampa Bay?
IERNA's Heating, Cooling and Plumbing, Pinellas Comfort Systems, Performance Air Conditioning, Electrical & Plumbing, Paradise Air, Elite Home Services, Mr. AC Cooling & Heating, Elite Heating and Air, IERNA's Heating, Cooling & Plumbing, through Strikepoint Group Holdings, LLC.
Is Sun Capital Partners, Inc. a private-equity firm?
Yes.
How long will Sun Capital Partners, Inc. hold these companies?
Private-equity funds typically target a 3–7 year hold before a sale, recapitalization or continuation fund. See "Notable exits" for how this investor has behaved before, and Debt, exits and the 5-year clock.
Sources Verified — primary document
- Sun Capital Partners (2017-03-07) — press release. Acquisition of Horizon Services, Inc.
- Sun Capital Partners (2019-11-13) — press release. Exit release; quotes Marc Leder (Co-CEO) and Steven Liff (Senior MD).
Researcher notes: Former sponsor only — no current ownership interest in Strikepoint. Founded year and AUM band are general public record, not re-verified from a primary filing in this pass.
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