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

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 Acquires AM General LLC

July 22, 2020

Aerospace & Defense

KPS Capital Partners, through a newly formed affiliate, signed a definitive agreement to acquire AM General LLC from an affiliate of MacAndrews & Forbes Incorporated. AM General is a leading designer and manufacturer of military and specialty ground vehicles (including the HUMVEE), headquartered in South Bend, Indiana; KPS said it plans to invest in the business and grow the platform organically and via acquisitions.

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.

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 Sport Group

April 8, 2024

Manufacturing

KPS Capital Partners, through a newly formed affiliate, signed a definitive agreement to acquire Sport Group TopCo GmbH (owner of AstroTurf, Polytan, Rekortan, Laykold and other brands) from funds advised by Equistone Partners Europe. Sport Group, headquartered in Burgheim, Germany, is a global designer, manufacturer and installer of artificial turf and polyurethane sports surfaces with more than 1,900 employees and operations across the Americas, EMEA and Asia-Pacific; KPS plans to support growth and operational initiatives and pursue a global acquisition strategy.

KPS Capital Partners Acquires IKG from Harsco Corporation

January 10, 2020

Manufacturing

KPS Capital Partners, through its KPS Special Situations Mid‑Cap Fund, has signed a definitive agreement to acquire the IKG bar grating business from Harsco Corporation for $85 million, subject to customary adjustments. IKG, a Houston‑headquartered manufacturer of steel and aluminum bar grating with ~350 employees and six U.S./Mexico facilities, will become an independent portfolio company under KPS to pursue organic growth and strategic acquisitions.