Headquarters: Pompano Beach, FL
SIC Code: 2844
Sun Pharmaceuticals, Ltd. is a manufacturer and marketer of a broad array of sun and skin care products under the Banana Boat brand name. Products are sold through drug stores, mass merchants, grocery stores and gift/specialty stores.
Trivest recapitalized the Company with its founder, a former Miami lifeguard, who also reinvested in Newco. Trivest helped grow the Banana Boat from the #6 brand in market share to the #2 brand behind only Coppertone. During Trivest’s investment period, Banana Boat’s sales and EBITDA almost tripled. Playtex Family Products Company acquired Banana Boat from Trivest and the founder.