Anderson Global, a key portfolio company of Sun Capital Partners, Inc., has announced the successful acquisition of Kin Group and Active Bean Counter. This strategic move marks Anderson Global’s eighth add-on acquisition, underscoring its commitment to growth and enhancing client value within the corporate services and fund administration sector.
Anderson Global’s dedicated team driving strategic growth through acquisitions, showcasing their expertise in corporate services and fund administration under the guidance of Sun Capital Partners.
Anderson Global, backed by the investment expertise of Sun Capital Partners, Inc., operates as a comprehensive platform in corporate services and fund administration. With a significant global footprint, including over 600 employees, 15 office locations across 6 countries, and two decades of industry experience, Anderson Global is well-positioned for continued expansion. These acquisitions are pivotal in broadening Anderson Global’s customer base, enriching its service offerings, and reinforcing its international presence, all aligned with the strategic vision of Sun Capital Partners, Inc. to foster growth and operational excellence within its portfolio companies.
The acquisition of Kin Group specifically propels Anderson Global into the burgeoning fund administration space. Kin Group, a UK-based, technology-driven provider, specializes in custodian, fund management, and appointed representative services for venture capital funds. This acquisition is a key strategic alignment for Anderson Global, enhancing its capabilities in a high-growth sector and demonstrating the insightful investment strategy of Sun Capital Partners, Inc. in identifying and capitalizing on market opportunities.
Kin Group’s modern office environment, representing their tech-enabled approach to fund administration services, now part of Anderson Global’s expanded service portfolio under Sun Capital Partners’ strategic direction.
Furthermore, the acquisition of Active Bean Counter (ABC) expands Anderson Global’s reach into services for high-net-worth individuals (HNWIs) and corporates. ABC, known for its accounting, bookkeeping, and related financial and corporate services, will enable Anderson Global to establish a shared service center in Dubai & India. This center will streamline mid and back-office functions, driving efficiencies and reducing costs, particularly beneficial for future mergers and acquisitions. This strategic development reflects Sun Capital Partners, Inc.‘s focus on creating operational synergies and maximizing value across its portfolio companies.
The Active Bean Counter team collaborating, highlighting their expertise in accounting and financial services for HNWIs and corporates, now integrated into Anderson Global to enhance service offerings and operational efficiency under Sun Capital Partners’ portfolio.
These acquisitions represent a significant step forward for Anderson Global, reinforcing its market position and service capabilities under the strategic guidance and investment from Sun Capital Partners, Inc.. The expanded service portfolio and global reach position Anderson Global for continued success and enhanced value delivery to its clients, reflecting the core investment principles of Sun Capital Partners, Inc. in driving growth and creating value.
