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Sun Acquisitions is pleased to announce six new buy-side engagements. These campaigns will be primarily focused on domestic privately held businesses. Sun Acquisitions is currently working with a variety of clients consisting of strategics, private investors and private equity firms.

The engagements consist of a search for companies in the following industries:

• Private investment group looking to acquire a Chicagoland food distributor or manufacturer
• Tank general contractor looking to acquire a pump or wastewater related business in the Midwest or Southeast
• Private investor looking to acquire a Midwest based manufacturer’s representative business
• National property management firm looking to acquire another property management firm or association management company
• Waste management company looking to acquire a waste broker or related supplier in select metro markets
• Private investment group looking to acquire varied services companies including information technology companies and fire suppression services in select metro markets

Larry Sanderman, Managing Director at Sun Acquisitions, will be leading the search and managing these engagements to ensure the transactions are successfully completed on behalf of our clients. Engaging an intermediary in a buy-side search ensures that the campaign is clearly defined and generates proprietary deal flow with numerous qualified targets, through a streamlined process.

About Sun Acquisitions

Sun Acquisitions is a Chicago based mergers and acquisitions firm. We work with clients that are interested in the confidential sale, acquisition or valuation of privately held middle market companies. Our professionals have significant experience and knowledge to thoroughly guide clients through each stage of the sale or acquisition process. Sun Acquisitions has successfully managed and handled engagements across all industries and is recognized as a leading M&A advisory firm.

Acquisition of South Bay Document Destruction:

Sun Acquisitions is pleased to announce the successful acquisition of South Bay Document Destruction Inc., located in Gardena, California.

South Bay Document Destruction was founded in 1978 by the Barile Family. The company provides onsite, offsite and drop-off document destruction services to a large and loyal commercial customer base. They experience little customer turnover and have extremely low customer concentration, with no customer representing over 6% of revenue. They specialize in developing custom, confidential destruction programs for each customer. The company is fully equipped with an experienced team to run day to day operations and state of the art shredding technology to handle any size job needed.

There are major growth opportunities for the new ownership to continue to grow the business. These opportunities include growing the sales team & integrating the business into the existing operations.

Sun Acquisitions ran a formal Limited Auction Process with a group of strategic buyers for the business. The team at Sun Acquisitions generated multiple offers to acquire the company. South Bay Document Destruction was purchased by a strategic acquirer, Access Corp.

Matt Brunstrum, Advisor, led the transaction and Joseph Beer, VP of Operations, facilitated the closing coordination for the client. After completing the sale of the company, Matt stated, “We enjoyed working with David & Mark Barile to assist them in selling their 2nd generation family business to Access, a Strategic Acquirer within the Document Destruction Industry. From the first day on the market to a successful close, our process time was less than 5 months to get this deal done.”