Investment Summary

ZS Fund and The Jeffrey Hart Group Exits SOS Security

On June 1, 2019, private equity firm Sun Capital Partners invested in safety/security company SOS Security from ZS Fund and The Jeffrey Hart Group

Investment Highlights
  • This is Sun Capital Partners’ 2nd transaction in the Safety/Security sector.
  • This is Sun Capital Partners’ 99th transaction in the United States.
  • This is Sun Capital Partners’ 4th transaction in New Jersey.
Investment Fate
  • SOS Security was sold to a strategic buyer in 2019.

Investment Summary

Date 2019-06-01
Target SOS Security
Sector Safety/Security
Investor(s) Sun Capital Partners
Sellers(s) ZS Fund
The Jeffrey Hart Group
Deal Type Secondary Buyout

Target

SOS Security

Parsippany, New Jersey, United States
SOS Security is a provider of security personnel and related services, helping a broad range of clients in the corporate, government and high net worth sectors to protect their people, assets and reputations. SOS Security was founded in 1969 and is based in Parsippany, New Jersey.

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Investor(S) 1

Investor

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 143 of 172
Sector: Safety/Security M&A 2 of 3
Type: Secondary Buyout M&A Deals 29 of 45
State: New Jersey M&A 4 of 5
Country: United States M&A 99 of 118
Year: 2019 M&A 2 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-02-05 Simply Beautiful Smiles

Langhorne, Pennsylvania, United States

Simply Beautiful Smiles is a regional dental service organization. Simply Beautiful Smiles operates 20 locations in New Jersey, providing high-quality general dentistry, hygiene, and specialty services. Simply Beautiful Smiles was founded in 2000 and is based in Langhorne, Pennsylvania.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-08 Restaurants Unlimited

Seattle, Washington, United States

Restaurants Unlimited operates 46 restaurants in twelve states including 15 Kincaid’s – an American Fish, Chop, and Steakhouse; 8 Newport’s – a Seafood Grill, 9 Palomino’s - an upbeat city restaurant and bar famous for its European-inspired American cuisine; 9 Stanford’s – an upscale casual restaurant featuring grilled steaks, chicken and seafood; 3 Pizzeria Fondi’s; and nine other specialty brands such as Portland City Grill, Henry’s Tavern, Palisade, Cutters Bayhouse, Scott’s, and Ryan’s Grill.

Sell -

Seller(S) 2

SELLER

ZS Fund

New York, New York, United States

Category Private Equity Firm
Founded 1985
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

ZS Fund L.P. is a private equity firm engaged in making long-term investments in established middle-market companies. The firm focuses on transactions that provide liquidity to business owners while enabling them to maintain a significant ownership stake and keep their company independent. ZS pursues privately-held, closely-held, or publicly-traded companies that have a high return on capital relative to industry peers. The firm targets companies with an annual operating profit of at least $4 million. ZS Fund L.P. was founded in 1985 and is based in New York City.


DEAL STATS #
Overall 8 of 9
Sector: Safety/Security M&A 1 of 1
Type: Secondary Buyout M&A Deals 3 of 4
State: New Jersey M&A 1 of 1
Country: United States M&A 8 of 9
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-03 ECS Refining

Santa Clara, California, United States

ECS Refining LLC is a provider of electronics recycling, remarketing, secure data destruction and other end-of-life services for electronics OEMs, corporations, consumers and municipalities throughout the United States.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-10 Juniper

Fort Myers, Florida, United States

Juniper is a growing commercial landscaping platform providing a full suite of installation and maintenance services to homeowners’ associations, commercial, government, and a variety of other clients. Juniper was founded in 2003 and is based in Fort Myers, Florida.

Sell -
SELLER

The Jeffrey Hart Group

Highland Beach, Florida, United States

Category Private Equity Firm
Founded 1991
Size Small
Type Sector Agnostic
DESCRIPTION

The Jeffrey Hart Group, Inc. is a private investment group focused on recapitalizations and succession transactions. The Firm will consider opportunities in a variety of sectors with at least $4 million in operating profits. The Jeffrey Hart Group, Inc. was formed in 1991 and is based in Highland Beach, Florida.


DEAL STATS #
Overall 5 of 5
Sector: Safety/Security M&A 1 of 1
Type: Secondary Buyout M&A Deals 2 of 2
State: New Jersey M&A 1 of 1
Country: United States M&A 5 of 5
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-03 ECS Refining

Santa Clara, California, United States

ECS Refining LLC is a provider of electronics recycling, remarketing, secure data destruction and other end-of-life services for electronics OEMs, corporations, consumers and municipalities throughout the United States.

Sell -