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 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. In 1979, Leder graduated from John L. Miller Great Neck North High School and in 1983, earned his Bachelor of Science degree in economics from the Wharton School of the University of Pennsylvania.

Career

In 1987, he accepted a position as an analyst at Lehman Brothers working his way up to Senior Vice president. In 1995, he left Lehman with fellow Wharton School of the University of Pennsylvania alumni and friend Rodger Krouse to found Sun Capital Partners, Inc.

Sun Capital Partners

Sun Capital was founded in 1995 by Leder and Rodger Krouse, former classmates at the Wharton School of the University of Pennsylvania and investment bankers at Lehman Brothers. It targets businesses with revenues 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 Transaction or transactional may refer to: Commerce * Financial transaction, an agreement, communication, or movement carried out between a buyer and a seller to exchange an asset for payment *Debits and credits in a Double-entry bookkeeping sys ...

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 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. of the Premier League and Real Salt Lake of

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