M&A Deal Summary

Sun Capital Partners Acquires Shopko

On December 1, 2005, private equity firm Sun Capital Partners acquired retailer Shopko

Acquisition Highlights
  • This is Sun Capital Partners’ 4th transaction in the Retail sector.
  • This is Sun Capital Partners’ 21st transaction in the United States.
  • This is Sun Capital Partners’ 1st transaction in Wisconsin.
Investment Fate
  • Shopko went bankrupt in 2019.

M&A Deal Summary

Date 2005-12-01
Target Shopko
Sector Retail
Buyer(s) Sun Capital Partners
Deal Type Going Private

Target

Shopko

Green Bay, Wisconsin, United States
Shopko retail store in Duluth, Minnesota.
Shopko retail store in Duluth, Minnesota.
Shopko was a chain of retail stores include 137 namesake stores providing name-brand merchandise, pharmacy, and optical services in mid-sized to larger cities, 218 Pamida stores, 116 of which contain pharmacies and three ShopKo Express Rx stores, a new neighborhood drugstore concept.

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Buyer(S) 1

Buyer

Sun Capital Partners

Boca Raton, Florida, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1995
PE ASSETS 13.0B USD
Size Mega
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 23 of 172
Sector: Retail M&A 4 of 29
Type: Going Private M&A Deals 1 of 6
State: Wisconsin M&A 1 of 3
Country: United States M&A 21 of 118
Year: 2005 M&A 7 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-10-19 Garden Fresh

San Diego, California, United States

Garden Fresh offers a broad variety of fresh food alternatives in an all-you-care-to-eat format. Each day begins fresh at the more than 100 company-owned restaurants in 11 states. More than 300 million guests since 1978 have helped us be number one in fresh produce and salads, made-from-scratch soups, hot pastas, freshly baked breads and muffins, fresh fruit, desserts, and more. Guests have the freedom to create their own wholesome meal in a one-of-a-kind dining experience in a friendly atmosphere and all at an everyday value.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-01-01 Conex Banninger

Tipton, United Kingdom

Conex Banninger Ltd. is a manufacturer of fittings in domestic, commercial, industrial and shipbuilding environments.

Buy -