M&A Deal Summary

Australis Equity Partners Acquires Sunrise

On December 30, 2023, private equity firm Australis Equity Partners acquired business services company Sunrise

Acquisition Highlights
  • This is Australis Equity Partners’ 1st transaction in the Business Services sector.
  • This is Australis Equity Partners’ 1st transaction in the United States.
  • This is Australis Equity Partners’ 1st transaction in Maryland.

M&A Deal Summary

Date 2023-12-30
Target Sunrise
Sector Business Services
Buyer(s) Australis Equity Partners
Deal Type Buyout (LBO, MBO, MBI)

Target

Sunrise

Arnold, Maryland, United States
Sunrise is a full-service pool construction enterprise that operates under a general business license and a Maryland Home Improvement Commission license and has developed an elite business with solid staff, systems, and quality services. It specializes in constructing inground pools directly for consumers and works through an established and elite group of trusted subcontractors and partners. Sunrise was formed in 1999 and is based in Arnold, Maryland.

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Buyer(S) 1

DESCRIPTION

Australis Equity Partners is a private investment firm that acquires controlling interests in profitable, growth-stage companies. Australis considers a range of transaction types, including buyouts, recapitalizations, ownership transitions, and strategic add-on acquisitions. Key areas of focus include construction services, government contracting, and media. Target companies typically demonstrate consistent cash flow and strong management teams, with a preference for businesses positioned for scale and operational improvement. Australis Equity Partners was founded in 2021 and is based in Los Angeles, California.


DEAL STATS #
Overall 1 of 1
Sector: Business Services M&A 1 of 1
Type: Buyout (LBO, MBO, MBI) M&A Deals 1 of 1
State: Maryland M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2023 M&A 1 of 1