M&A Deal Summary

Sun Capital Partners and Crystal Capital Acquires Trulite Glass & Aluminum Solutions

On January 18, 2010, private equity firm Sun Capital Partners and Crystal Capital acquired building materials company Trulite Glass & Aluminum Solutions, Inc.

Acquisition Highlights
  • This is Sun Capital Partners’ 3rd and Crystal Capital’s 1st transaction in the Building Materials sector.
  • This is Sun Capital Partners’ 62nd and Crystal Capital’s 8th transaction in the United States.
  • This is Sun Capital Partners’ 3rd and Crystal Capital’s 1st transaction in Florida.

M&A Deal Summary

Date 2010-01-18
Target Trulite Glass & Aluminum Solutions, Inc.
Sector Building Materials
Buyer(s) Sun Capital Partners
Crystal Capital
Deal Type Special Situations/Distressed

Target

Trulite Glass & Aluminum Solutions, Inc.

Deerfield Beach, Florida, United States
website
Trulite Glass & Aluminum Solutions is a fabricator and distributor of glass and architectural aluminum products. Arch produces tempered, insulated and laminated glass products, mirrors and architectural aluminum products, selling to glazing contractors, glass shops, OEMs, retailers, and foreign markets. The Company operates out of 20 fabrication and distribution facilities throughout the U.S.

Search 161,216 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 2

Buyer

Sun Capital Partners

Boca Raton, Florida, United States

Investor Investor Investor Investor Investor

website


Category Private Equity Firm
Founded 1995
PE ASSETS 13.0B USD
SizeMega
Type Sector Agnostic
DESCRIPTION
Sun Capital's corporate headquarters in Boca Raton, Florida.
Sun Capital's corporate headquarters in Boca Raton, Florida.

Sun Capital Partners is a large private equity firm focused on leveraged buyouts, equity, debt, and other control investments in North America, Asia, and Europe. Sun looks for businesses that can benefit from the Firm's operating experience including underperformers, turnarounds, and special situations. Target companies typically have $50 million to $1 billion in revenue with strong market positions. Sectors of interest include paper and packaging, food and beverages, metals and mining, automotive after-market parts, consumer products, financial services, healthcare, media and communications, building products, telecommunications, technology, retailing and catalogs, restaurants, manufacturing and industrial. Sun Capital was formed in 1995 and is based in Boca Raton, Florida.


DEAL STATS #
Overall 76 of 157
Sector (Building Materials) 3 of 7
Type (Special Situations/Distressed) 6 of 10
State (Florida) 3 of 6
Country (United States) 62 of 110
Year (2010) 2 of 16
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-01-01 Fearmans Pork, Inc.

Burlington, Ontario, Canada

Fearmans Pork, Inc. provides pork-processing services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-01-19 Protective Products Enterprises LLC

Sunrise, Florida, United States

Protective Products Enterprises designs, manufactures, and markets advanced products used to provide ballistics protection for personnel and vehicles in the military and law enforcement markets.

Buy -
Buyer

Crystal Capital

Boston, Massachusetts, United States

website


Category Private Equity Firm
Founded 2006
SizeMiddle-Market
Type Sector Agnostic
DESCRIPTION

Crystal Capital is an affiliate of Crystal Financial Corporation, Crystal Capital is a private investment firm that provides debt and equity capital to middle-market companies. Crystal Capital does not have an industry preference in evaluating opportunities, but looks to provide a minimum of $1 million in equity (co-investment) or $10 million in junior capital per transaction. Target companies typically generate sales of at least $150 million and EBITDA of $15 million. Crystal Capital was formed in 2006 and is based in Boston, Massachusetts with additional offices in Los Angeles, California; Stamford, Connecticut; and Chicago, Illinois.


DEAL STATS #
Overall 9 of 33
Sector (Building Materials) 1 of 1
Type (Special Situations/Distressed) 1 of 4
State (Florida) 1 of 5
Country (United States) 8 of 28
Year (2010) 1 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-03-13 American Apparel, Inc.

Los Angeles, California, United States

American Apparel, Inc. is a designer, manufacturer and distributor of basic casual apparel to screen printers, distributors and its own branded retail stores.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-03-31 Covad Communications Group, Inc.

San Jose, California, United States

Covad provides a wide range of access and hub aggregation services, including Ethernet, T1, and DSL. Covad manages a robust, next-generation IP/MPLS network that efficiently delivers integrated voice, video, and data solutions. Covad broadband services are currently available in 45 states and 240 major metropolitan areas, and can be purchased by approximately 11 million businesses, representing over 60 percent of all U.S. businesses.

Sell -