Sun Capital Partners Inc. went on a restaurant buying spree during the past three years, acquiring such brands as Boston Market, Friendlyâ€™s, Smokey Bones and Fazoliâ€™s. The Boca Raton, Fla.-based private-equity firm focuses on distressed investments, meaning it looks for an undervalued brand, orchestrates a turnaround and sells the holding, ideally, for a large return. It also takes advantage of in-house, experienced operating professionals to guide each portfolio companyâ€™s ...
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