KPS Capital Partners Acquires AM General LLC

KPS Capital Partners Acquires Briggs & Stratton

September 15, 2020

Manufacturing

KPS Capital Partners, through a newly formed affiliate, acquired substantially all assets of Briggs & Stratton Corporation in a Section 363 sale following the Company's Chapter 11 filing, for approximately $550 million. KPS provided $265 million of DIP financing, secured committed exit financing, and named Steve Andrews as President and CEO to lead a relaunch of the company as a well-capitalized independent manufacturer.

KPS Capital Partners to Acquire Substantially All Assets of Garrett Motion Inc.

September 20, 2020

Automotive

KPS Capital Partners, through a newly formed affiliate, agreed to acquire substantially all of the assets of Garrett Motion Inc. for approximately $2.1 billion and was designated as the stalking-horse bidder as Garrett filed for Chapter 11. KPS will participate in Garrett's DIP financing to support operations, and a syndicate of banks has committed exit financing; the sale remains subject to court approval and customary closing conditions.

KPS Capital Partners Acquires Controlling Interest in Princess Yachts

February 13, 2023

Manufacturing

KPS Capital Partners has entered into a definitive agreement to acquire a controlling equity interest in Princess Yachts, the Plymouth, England–based luxury motor yacht manufacturer, while existing stockholders will retain ownership. The transaction, expected to close in Q1 2023, will provide capital to accelerate growth and operational initiatives at Princess, which has an order book near $1 billion and approximately 3,200 employees across five manufacturing facilities.

KPS Capital Partners Acquires Catalyst Acoustics Group

September 30, 2024

Manufacturing

KPS Capital Partners, through a newly formed affiliate, has completed the acquisition of Catalyst Acoustics Group, a leading designer and manufacturer of engineered acoustical, seismic, vibration and noise control solutions. The seller was The Stephens Group; KPS plans to support Catalyst's organic and acquisitive growth while preserving the independence and channels of its underlying brands.

KPS Capital Partners Acquires Innomotics from Siemens AG

May 16, 2024

Manufacturing

KPS Capital Partners has agreed to acquire Innomotics GmbH from Siemens AG for an enterprise value of €3.5 billion, with completion expected in Q4 2024 or Q1 2025 subject to customary approvals. Innomotics, headquartered in Nuremberg, Germany, is a global supplier of electric motors and large drive systems generating about €3.3 billion in annual revenue and employing roughly 15,000 people across 16 factories and operations in 49 countries.

Brookfield Business Partners Acquires DexKo Global from KPS Capital Partners

October 4, 2021

Automotive

Brookfield Business Partners L.P., together with its institutional partners, agreed to acquire DexKo Global Inc. from KPS Capital Partners for $3.4 billion. DexKo, a Novi, Michigan–based manufacturer of chassis technology and trailer/RV components employing more than 6,000 people with global production and distribution footprint, was transformed under KPS via 15 acquisitions and operational improvements prior to the sale.