Littlejohn & Co. Sells C&K Holdings

9/24/17

GREENWICH, Conn.--(BUSINESS WIRE)--Littlejohn & Co. LLC, a private investment firm based in Greenwich, CT, today announced it has sold C&K Holdings, Inc., a leading global provider of function-critical, highly engineered electromechanical switch and interface technology solutions, to Sun European Partners, LLP, an affiliate of Sun Capital Partners, Inc. Financial terms were not disclosed.

Founded in 1928, C&K is one of the world’s most trusted brands of high-quality electromechanical switches. The Company has developed a comprehensive product portfolio featuring 50,000+ unique products, serving over 20,000 customers across the Industrial, Automotive and Aerospace sectors, and blue-chip OEMs. C&K is headquartered in Newton, MA, with global design centers in Newton, Dole, France, and Huizhou, China, and employs more than 1,500 people worldwide.

Michael Kaplan, a Managing Director at Littlejohn, said: “C&K is experiencing strong growth globally as a result of its focus on technology, customers and flawless execution. We thank CEO John Boucher, CFO Tom Schultz, and the entire C&K team for their tremendous effort over the last few years. C&K’s success exemplifies Littlejohn's investment philosophy. We built a world-class management team and supported their efforts to enhance C&K’s market position around the world.”

John Boucher, CEO at C&K, added: “Littlejohn has been a tremendous partner in helping us develop and successfully execute our growth plan. We are grateful for their support and look forward to our next chapter as part of Sun.”

Littlejohn and C&K were advised by Lincoln International LLC and Pepper Hamilton LLP.

About Littlejohn & Co., LLC

Littlejohn & Co. is a Greenwich, Connecticut-based investment firm focused on private equity and debt investments primarily in middle market companies. With over $5 billion under management, the Firm seeks to create long-term value for its investors and build sustainable success for its portfolio companies through a disciplined approach to engineering change. For more information about Littlejohn, visit http://www.littlejohnllc.com.

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