TITLE

ZEROING IN ON MIDDLE-MARKET RETAILERS

PUB. DATE
April 2005
SOURCE
Investment Dealers' Digest;4/18/2005, Vol. 71 Issue 15, p30
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article presents information on certain activities of the middle market retailers. When Sun Capital Partners Inc. bought Hub Distributing Inc. in November 2003, the Boca Raton-based private equity firm put $2 million of equity capital into the company. This March, less than a year and a half later, Sun Capital took $70 million out, thanks to a dividend recapitalization financed by debt issued by Hub. Private equity players say that's an example of what's possible if one can get it right to mid-market retailing one of the most sought after niches for private equity investors these days.
ACCESSION #
16788766

 

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