Marsh Supermarkets was an American retail meals chain headquartered in Indianapolis, Indiana, United States, with a peak number of 86 retailers in 2013 located in components of western Ohio (along with metropolitan Cincinnati), and all via central Indiana. Its eventual guardian agency was the Sun Capital Partners, that’s headquartered in Boca Raton, Florida.
Marsh filed for chapter on May 11, 2017, and was in the end liquidated. Topvalco, Inc., which is a subsidiary of the grocery retailer competitor, Kroger purchased 11 out of the 44 remaining Marsh retailers, whereas Ohio-based Fresh Encounter moreover purchased one different 15 retailers. The unsold 18 retailers have been closed on or sooner than July 8, 2017.
Who Owns Marsh Supermarkets?
Marsh Supermarkets was owned by Sun Capital Partners, Inc., and JT Grocery Consulting LLC.
Sun Capital is an American private equity company that specializes in leveraged buyouts. The agency was primarily based in 1995, by Marc J. Leder and Rodger Krouse, former classmates at Wharton School of the University of Pennsylvania, and funding bankers on the Lehman Brothers.
As of March 31, 2021, the company has roughly $13 billion of cumulative capital commitments, and has invested in further than 475 portfolio companies worldwide with revenues in further of $50 billion all through a broad differ of industries, along with know-how, healthcare, enterprise corporations, setting up merchandise, paper and packaging, frequent shopper, and industrial, amongst others.
Sun Capital has its headquarters in Boca Raton, Florida, United States, with additional workplaces in Los Angeles, and New York City, along with an affiliate with workplaces in London.