KPS Capital Partners

KPS Capital Partners is a private equity firm that focuses on acquiring and improving manufacturing and industrial businesses. The firm says it has made businesses better since 1991 and has worked in the sector for more than three decades. Its stated approach is to make controlling equity investments in manufacturing and industrial companies across a diverse range of industries and geographies. KPS describes itself as an operationally focused investor. It seeks companies requiring structural improvement to their businesses and operations, and says it works closely with portfolio-company management teams to drive operational improvement and transformational change. Its value-creation approach emphasizes manufacturing expertise, continuous improvement in safety, quality, customer service and on-time delivery, rather than financial engineering. The firm invests globally and has maintained a presence in Europe for more than 15 years, according to its website. Its European activity has included businesses or sellers based in Belgium, Germany, Italy, the Netherlands, Norway, Slovenia, Spain, Switzerland and the United Kingdom. KPS says it has pursued complex corporate carve-outs as well as acquisitions of family-owned and entrepreneur-led businesses, in some cases building global manufacturing platforms headquartered in Europe. KPS identifies Michael Psaros, David Shapiro and Raquel Vargas Palmer as its co-managing partners. The firm reports that it has completed more than 125 controlling investments since its creation. The firm is headquartered in New York, USA. Further details such as founders, fund sizes and legal ownership are not established by the supplied evidence.

KPS Capital Partners says it has focused on acquiring and improving manufacturing and industrial businesses since its creation in 1991. Its approach has centered on controlling investments and active involvement in portfolio companies, with the firm’s partners working alongside management teams to pursue operational improvement and transformational change. KPS describes its investment philosophy as grounded in manufacturing expertise and continuous improvement in safety, quality, customer service, on-time delivery and broader manufacturing excellence, rather than financial engineering. The firm presents continuity among its partners as a central feature of its history and culture. Its website identifies Michael Psaros, David Shapiro and Raquel Vargas Palmer as co-managing partners who have led the firm for more than three decades. KPS also says that its partners have been involved in every aspect of its investment activities and have worked with portfolio-company leadership and other stakeholders over the long term. The firm reports more than 125 completed controlling investments since its creation. KPS expanded its activity in Europe and says it has maintained a long-standing European presence for more than 15 years. It reports acquiring, or signing agreements to acquire, manufacturing and industrial businesses connected with Belgium, Germany, Italy, the Netherlands, Norway, Slovenia, Spain, Switzerland and the United Kingdom. In Europe, KPS has often used complex corporate carve-outs to acquire non-core businesses from large global corporations. It has also acquired family-owned and entrepreneur-led businesses, building manufacturing platforms headquartered in Europe. KPS describes its European operating model as a long-term ownership approach rather than that of a purely financial buyer. It points to experience executing large carve-outs and to relationships with employee representatives, trade unions and works councils as parts of its approach. The supplied material does not provide a detailed chronology of individual transactions, fund launches, headquarters changes or other dated corporate events.

• 1991

  KPS says it began its manufacturing and industrial investment focus

• European investment presence

An operationally focused private equity investor specializing in manufacturing and industrial businesses, with an emphasis on operational improvement and manufacturing excellence.

• Flagship fund strategy

  The firm's website identifies a flagship fund category.

• Mid-cap fund strategy

  The firm's website identifies a mid-cap fund category.

• Operational value creationOther

• Control-investment strategyOther

• 2022.03.01

  Reported2022.03.01

  KPS announces agreement to acquire OBE[5]KPS宣布收购OBE的协议prnasia.com

  KPS announced that it had signed a definitive agreement to acquire Oldcastle BuildingEnvelope (OBE) from CRH for approximately $3.45 billion in cash. The transaction was expected to close in mid-2022, subject to customary closing conditions and approvals.

• 2022.02.28

  Reported2022.02.28

  CRH agrees to sell its US glass business to KPS Capital Partners[6]CRH同意将其美国玻璃业务出售给KPS Capital Partnersrte.ie

  CRH agreed to sell its US-based Building Envelope business to KPS Capital Partners for $3.8 billion.

• 2021.07.15

  Reported2021.07.15

  KPS completes acquisition of Metra[7]KPS完成对Metra的收购prnasia.com

  KPS Capital Partners announced that it completed its acquisition of Metra Holding S.p.A. and Metra S.p.A., collectively Metra.

• 2021.07.14

  Reported2021.07.14

  KPS completes acquisition of Metra and Profile[8]KPS完成对Metra和Profile的收购prnewswire.com

  KPS Capital Partners announced that it completed the acquisition of Metra Holding S.p.A. and Metra S.p.A., and separately completed its acquisition of Profile Custom Extrusions, LLC from Highlander Partners. Metra and Profile will be combined to form a global extruded-aluminum profile platform.

• 2021.06.09

  Reported2021.06.09

  KPS announces agreement to acquire Siderforgerossi[9]KPS宣布签署收购Siderforgerossi的最终协议prnasia.com

  KPS Capital Partners announced that it had signed a definitive agreement to acquire Siderforgerossi Group. The financial terms were not disclosed.

• 2020.12.23

  Reported2020.12.23

  KPS completes acquisition of Hussey Copper[10]KPS 完成对 Hussey Copper 的收购prnewswire.com

  KPS Capital Partners announced that it had completed, through a newly formed affiliate, its acquisition of Hussey Copper from Zohar III and Ark II CLO 2001-1. Financial terms were not disclosed.

• 2020.09.21

  Reported2020.09.21

  KPS agrees to acquire Garrett's assets[11]KPS同意收购Garrett全部资产prnasia.com

  KPS announced that it had signed a stock and asset purchase agreement to acquire all of Garrett's assets for approximately $2.1 billion. Completion was subject to court approval and customary conditions.

• 2020.01.11

  Reported2020.01.10

  KPS Capital Partners announces agreement to acquire IKG[12]KPS资本公司宣布收购IKG的协议prnasia.com

  KPS Capital Partners announced that it had signed a definitive agreement to purchase IKG from Harsco Corporation for $85 million, subject to customary adjustments, closing conditions and approvals.

Read more

1. 1Private Equity Firm, Manufacturing | KPS Capital Partners - Transforming manufacturing and industrial businesseskpsfund.com
2. 2Our Story - Private Equity Firm, Manufacturing | KPS Capital Partnerskpsfund.com
3. 3About Us - Private Equity Firm, Manufacturing | KPS Capital Partnerskpsfund.com
4. 4KPS Capital Partners in Europe - Private Equity Firm, Manufacturing | KPS Capital Partnerskpsfund.com
5. 5KPS宣布收购OBE的协议prnasia.com
6. 6CRH同意将其美国玻璃业务出售给KPS Capital Partnersrte.ie
7. 7KPS完成对Metra的收购prnasia.com
8. 8KPS完成对Metra和Profile的收购prnewswire.com
9. 9KPS宣布签署收购Siderforgerossi的最终协议prnasia.com
10. 10KPS 完成对 Hussey Copper 的收购prnewswire.com
11. 11KPS同意收购Garrett全部资产prnasia.com
12. 12KPS资本公司宣布收购IKG的协议prnasia.com