Sun Capital Partners affiliate acquires Cotton Holdings
An affiliate of private investment firm Sun Capital Partners (Sun Capital), has completed the acquisition of Cotton Holdings(Cotton), an infrastructure support services company for public and private entities throughout the United States and internationally.
Terms of the private transaction have not been disclosed.
Cotton is an infrastructure support services company with subsidiaries that conduct business under the Cotton Global Disaster Solutions, Cotton Roofing, Cotton Logistics, Cotton Culinary, and OneLodge brands. Headquartered in Houston, Texas, with an International Logistics Center and regional offices throughout North America, Cotton provides property restoration and recovery, construction, roofing, consulting, temporary workforce housing and culinary services to public and private entities worldwide.
“We are very excited to partner with Pete Bell and Cotton, a founder-owned market leader in a very dynamic industry,” says Marc Leder, Co-CEO of Sun Capital. “Over the past 20 years, Pete and his team have built a stellar reputation and strong customer base, but there remain exciting growth prospects for continued expansion as the commercial disaster restoration market continues to evolve. We are confident that Sun Capital’s deep operational expertise can help Cotton continue to gain market share.”
Cotton has been instrumental in providing its clients turnkey recovery and restoration solutions stemming from the world’s most damaging catastrophes of the past two decades by promoting efficiency, transparency, cost savings, and consistent quality.
“Commercial restoration is a very attractive industry,” says Jordan Wadsworth, Managing Director at Sun Capital. “It is recession resistant, as organisations must respond when disaster strikes, and is also very fragmented, presenting great opportunities for expansion in new markets through acquisitions. These are great conditions for Sun Capital to apply our expertise and help Cotton continue its remarkable growth trajectory.”
“In Sun Capital we found a partner with not only the right financial resources, but the right operational know-how and proven ability to work successfully with founder-owned businesses,” says Pete Bell, Co-Founder and CEO of Cotton Holdings. “Cotton has experienced tremendous growth in our markets over the past two decades. By partnering with Sun Capital, we’ll maintain that momentum through both organic expansion and strategic acquisitions, and ensure that we continue to enhance our services to anticipate our customers’ ever-evolving needs.”
Sun Capital has strong experience working with founder-operated businesses, including, Horizon Services, Admiral Petroleum Company & Lemmen Oil Company, Demilec Inc
, Gem Shopping Network, Timothy’s World Coffee, and Windsor Fashions.