Reply #21: Sun Capital's got the bucks to pay those pensions.

[EdMaven]

Sun Capital Partners, Inc., is a private investment firm focused on leveraged buyouts, equity, debt, and other investments in market-leading companies. Sun Capital has invested in more than 275 companies worldwide with combined sales in excess of $40 billion since Sun Capital’s inception in 1995. Sun Capital has offices in Boca Raton, Los Angeles, New York, and affiliates in London, Paris, Frankfurt, Luxembourg, Shanghai, and Shenzhen.

The company’s founders and Co-CEOs , Marc J. Leder and Rodger Krouse have followed almost mirrored career paths – from the University of Pennsylvania Wharton School to Senior Vice Presidents at Lehman Brothers to Sun Capital Partners. They have more than 20 years of experience in leveraged buyouts, investment banking, and business operations. Both are actively involved in identifying all investments made by Sun Capital Partners. They were co-honorees as the 2003 Buyout Pros of the Years by Thomson Venture Economics, a Thomson Financial company and publisher of Buyouts Newsletter.<1>

http://en.wikipedia.org/wiki/Sun_Capital_Partners

Oct. 2 (Bloomberg) -- Marc Leder and Rodger Krouse had had enough of the corporate world. It was 1995, and after a decade of arranging mergers and acquisitions at Lehman Brothers Holdings Inc. in New York, the old college friends decided to strike out on their own.

Their plan: to move to Florida and start a private equity firm that would buy small and mid-size companies in the Southeastern U.S. ...Today, Sun Capital is the biggest private equity buyer of small and medium-sized companies in the U.S.

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=acAvHwtjglow



Roger Krouse's house:



Leder:

It was as if the Playboy Mansion met the East End at a wild party at private-equity titan Marc Leder's Bridgehampton estate, where guests cavorted nude in the pool and performed sex acts, scantily dressed Russians danced on platforms and men twirled lit torches to a booming techno beat.

The divorced Sun Capital Partners honcho rented a sprawling beachfront mansion on Surf Side Road for $500,000 for the month of July. Leder's weekly Friday and Saturday night parties have become the talk of the Hamptons -- and he ended them in style last weekend with his wildest bash yet.

Read more: http://www.nypost.com/p/pagesix/nude_frolic_in_tycoon_pool_S8t8KXKG1IeGFSDtN6Xm9M#ixzz1ayC1knrD

Marc J. Leder, Co-Chief Executive Officer of Sun Capital Partners, Inc., has been engaged in leveraged buyouts, investment banking, and business operations for more than 25 years. Prior to co-founding Sun Capital Partners in 1995, Mr. Leder served as a Senior Vice President of Lehman Brothers in New York.

Rodger R. Krouse, Co-Chief Executive Officer of Sun Capital Partners, Inc., has been engaged in leveraged buyouts, investment banking, and business operations for more than 25 years. Prior to co-founding Sun Capital Partners in 1995, Mr. Krouse was a Senior Vice President of Lehman Brothers in New York.

http://www.suncappart.com/bio.php?member=23


They own among other things "The Scooter Store" -- source of all those tv obnoxious ads targeted to seniors.