Marc J. Leder is an American businessman who is the co-founder of Sun Capital Partners, Inc., a private equity firm based in

Boca Raton, Florida Boca Raton ( ; es, Boca Ratón, link=no, ) is a city in Palm Beach County, Florida, United States. It was first incorporated on August 2, 1924, as "Bocaratone," and then incorporated as "Boca Raton" in 1925. The population was 97,422 in the ...

. He is also a limited partner of the

Philadelphia 76ers The Philadelphia 76ers, colloquially known as the Sixers, are an American professional basketball team based in the Philadelphia metropolitan area. The 76ers compete in the National Basketball Association (NBA) as a member of the league's Eas ...

and

New Jersey Devils The New Jersey Devils are a professional sports, professional ice hockey team based in Newark, New Jersey. The Devils compete in the National Hockey League (NHL) as a member of the Metropolitan Division in the Eastern Conference (NHL), Eastern ...

Early life and education

Leder was born in 1962 to a

Jewish Jews ( he, יְהוּדִים, , ) or Jewish people are an ethnoreligious group and nation originating from the Israelites Israelite origins and kingdom: "The first act in the long drama of Jewish history is the age of the Israelites""The ...

family and raised in the

Long Island Long Island is a densely populated island in the southeastern region of the U.S. state of New York (state), New York, part of the New York metropolitan area. With over 8 million people, Long Island is the most populous island in the United Sta ...

suburbs of

New York City New York, often called New York City or NYC, is the List of United States cities by population, most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the L ...

. In 1979, Leder graduated from

John L. Miller Great Neck North High School John L. Miller Great Neck North High School or simply "Great Neck North," is a public high school, including grades 9 through 12, in the village of Great Neck, New York, operated by the Great Neck School District. As of the 2018–19 school year ...

and in 1983, earned his

Bachelor of Science A Bachelor of Science (BS, BSc, SB, or ScB; from the Latin ') is a bachelor's degree awarded for programs that generally last three to five years. The first university to admit a student to the degree of Bachelor of Science was the University of ...

degree in

economics Economics () is the social science that studies the Production (economics), production, distribution (economics), distribution, and Consumption (economics), consumption of goods and services. Economics focuses on the behaviour and intera ...

from the

Wharton School of the University of Pennsylvania The Wharton School of the University of Pennsylvania ( ; also known as Wharton Business School, the Wharton School, Penn Wharton, and Wharton) is the business school of the University of Pennsylvania, a Private university, private Ivy League rese ...

Career

In 1987, he accepted a position as an analyst at

Lehman Brothers Lehman Brothers Holdings Inc. ( ) was an American global financial services firm founded in 1847. Before Bankruptcy of Lehman Brothers, filing for bankruptcy in 2008, Lehman was the fourth-largest investment bank in the United States (behind Gol ...

working his way up to Senior Vice president. In 1995, he left Lehman with fellow

alumni and friend

Rodger Krouse Rodger Krouse (born 1961) is an American businessperson who co-founded Sun Capital Partners, Inc., a global investment firm based in Boca Raton, Florida, United States. Early life and education Krouse was born to a Jewish family

to found Sun Capital Partners, Inc.

Sun Capital Partners

Sun Capital was founded in 1995 by Leder and

, former classmates at the

and

investment bankers Investment banking pertains to certain activities of a financial services company or a corporate division that consist in advisory-based financial transactions on behalf of individuals, corporations, and governments. Traditionally associated with ...

. It targets businesses with

revenue In accounting, revenue is the total amount of income generated by the sale of goods and services related to the primary operations of the business. Commercial revenue may also be referred to as sales or as turnover. Some companies receive reven ...

s of $50 million to $1.0 billion for platform investments, and any revenue size for add-ons to existing portfolio companies. Sun Capital focuses on several transaction types, including corporate carve-outs, founder-owned, and sponsor-to- sponsor.

Affiliated investments

Leder was a member of the investment group led by Josh Harris that purchased the

in 2011 for $280 million. Leder was also a member of another group led by Harris that purchased the

of the NHL and the

Prudential Center Prudential Center is a multi-purpose indoor arena in the central business district of Newark, New Jersey. Opened in 2007, it is the home of the New Jersey Devils of the National Hockey League (NHL) and the men's basketball program of Seton Hal ...

arena for over $320 million. Leder, as minority owner, serves on the board of the Philadelphia 76ers and the NJ Devils. Leder is also a minority investor in

Crystal Palace F.C. Crystal Palace Football Club is a professional football club based in Selhurst in the Borough of Croydon, South London, England, who compete in the Premier League, the highest level of English football. Although formally created as a profes ...

of the

Premier League The Premier League (legal name: The Football Association Premier League Limited) is the highest level of the men's English football league system. Contested by 20 clubs, it operates on a system of promotion and relegation with the English Foo ...

and

Real Salt Lake Real Salt Lake, often shortened to RSL, is an American professional soccer franchise based in the Salt Lake City metropolitan area. The club competes as a member club of Major League Soccer (MLS) in the Western Conference. RSL began play in 20 ...

Major League Soccer Major League Soccer (MLS) is a men's professional soccer league sanctioned by the United States Soccer Federation, which represents the sport's highest level in the United States. The league comprises 29 teams—26 in the U.S. and 3 in Canada ...

Philanthropy and accolades

In 2010, Leder also established the Marc J. Leder Foundation, Inc. a non-profit corporation based in Boca Raton that partially funds the Sun Capital Partners Foundation and makes direct grants to a variety of organizations. Past donations have included a $2 million gift to establish the Marc J. Leder Behavior Change for Good Term Fund at the School of Arts and Sciences and the Wharton School of the University of Pennsylvania and a $1 million gift to endow a curatorial directorship at Penn’s Institute of Contemporary Art (ICA), where he sits on the Board. Notable organizations supported by the Sun Capital and Marc J. Leder Foundation include American Heart Association, American Red Cross, Autism Speaks Inc., Boca Helping Hands, Inc., Boca Raton Regional Hospital, Foundation for AIDS research, Feeding South Florida, Gabrielle’s Angel Foundation for Cancer Research, Operation Homefront Florida, and Samuel Waxman Cancer Research Foundation. In 2015, Leder was honored by the Samuel Waxman Cancer Research Foundation.

Personal life

Leder was married to Lisa J. Weisbein from 1987 until divorcing in 2010; they have three children. In January 2012, Leder had another daughter with his girlfriend at the time.

References

Other sources

*Foroohar, Kambi
"Blackstone, Apollo Outshone as Sun Capital Buys Boston Market"
Bloomberg, 2 October 2008. Retrieved 19 March 2012. *Kumar, Pramee
"Wharton alums purchase 76ers"
''

The Daily Pennsylvanian ''The Daily Pennsylvanian, Inc.'' is the independent student media organization of the University of Pennsylvania. The DP, Inc. publishes The Daily Pennsylvanian newspaper, 34th Street Magazine, and Under the Button, as well as five newslette ...

'', Philadelphia, 21 July 2011. Retrieved 2 March 2012. *Noto, Anthon
"EXCLUSIVE: Sun Capital Buys The Uniform Place"
''

Mergers & Acquisitions Mergers and acquisitions (M&A) are business transactions in which the ownership of companies, other business organizations, or their operating units are transferred to or consolidated with another company or business organization. As an aspect ...

'', 21 December 2011. Retrieved 19 March 2012. * * * *Gavrilos, James S
"Sun Capital Partners, Inc. supports Boca Helping Hands to Fight Poverty and Hunger"
Boca Helping Hands, September 21, 2011. Retrieved 19 March 2012.
"Sun Capital Partners Donation"
Retrieved 19 March 2012.
"12th Annual Art for Life 2011!"
Retrieved 19 March 2012.
"Marc J. Leder Foundation, Inc."
Retrieved 19 March 2012. *“Behind the Buyouts: Sun Capital's Leder Talks Post-Close Value Creation.”https://www.thedeal.com/podcasts/behind-the-buyouts-sun-capitals-leder-talks-post-close-value-creation/“Behind the Buyouts: Sun Capital's Leder Talks Post-Close Value Creation.” Retrieved 30 June 2021.

External links

"Marc J. Leder" page at Sun Capital website
{{DEFAULTSORT:Leder, Marc J. Living people 1962 births People from Great Neck, New York People from Palm Beach, Florida American chief executives Philanthropists from New York (state) Jewish American philanthropists Jewish American sportspeople People from Boca Raton, Florida Lehman Brothers people Private equity and venture capital investors Great Neck North High School alumni Wharton School of the University of Pennsylvania alumni 21st-century American Jews