Exadel announced that it was acquired by Sun Capital Partners, Inc., a leading private investment firm.
Sun Capital Partners, Inc. is a global private equity firm focused on partnering with outstanding management teams and recognized for its operational experience. Since 1995, Sun Capital has invested in more than 420 companies worldwide with revenues in excess of $50 billion across a broad range of industries and transaction structures. The firm has built a reputation as a trusted partner to growing businesses in the Business Services, Consumer, Healthcare, Industrial, and Technology sectors.
“Sun Capital is excited to work with Fima and the talented team at Exadel to support their continued growth and provide capital for the Company to acquire other businesses and additional talent to serve clients in this fragmented space,” said Elizabeth de Saint-Aignan, Managing Director, who leads the technology vertical at Sun Capital.
For more details about the acquisition, read the full press release here.