Sun Capital Partners Inc., a private investment firm with offices in Boca Raton, Fla., Los Angeles and New York, has made a majority investment in Anderson Business Advisors, a provider of entity and trust formation, tax preparation and business planning services for real estate investors and business owners.
Founded in 1999, Anderson is a Las Vegas, Nev.-based provider of corporate services, including entity formation and incorporation, registered agent and tax and bookkeeping services, primarily serving real estate investors. The deal aims to underscore Sun Capital’s focus on continuing to invest in the corporate services space.
“The corporate services sector is highly fragmented, creating strong potential for Anderson to grow through strategic acquisitions that will increase market share and diversify its customers,” comments Alexander Wyndham, principal at Sun European Partners. “We are excited about the opportunity to work closely with the team at Anderson to build on its competitive advantages, which include a broad base of around 17,000 customers and a proven ability to navigate through challenging economic conditions.”