KPS Capital Partners Acquires Controlling Stake in Novacel From Compagnie Chargeurs Invest SA

KPS Capital Partners Acquires INEOS Composites from INEOS Enterprises

December 3, 2024

Manufacturing

KPS Capital Partners, through a newly formed affiliate, signed a definitive agreement to acquire INEOS Composites from INEOS Enterprises Holdings II Ltd for an estimated ~€1.7 billion. The deal was expected to close in the first half of 2025, and later sources confirm the acquisition closed and the company was renamed Alta Performance Materials.

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

Industrial Services

KPS Capital Partners, LP has signed a definitive agreement to acquire Catalyst Acoustics Group, Inc. from The Stephens Group, LLC. The deal was expected to close in the fourth quarter of 2024 and is subject to customary closing conditions and approvals.

KPS Capital Partners to Acquire Controlling Stake in Ketjen Refining Catalyst Solutions from Albemarle

March 3, 2026

Industrial Services

KPS Capital Partners, through a newly formed affiliate, entered into a definitive agreement to acquire a controlling 51% stake in Ketjen Corporation’s refining catalyst solutions business. Albemarle will retain a 49% stake and keep 100% ownership of Ketjen’s Performance Catalyst Solutions (PCS) business. The transaction is expected to close in the first half of 2026 (with KPS stating first quarter 2026), subject to regulatory approvals and customary closing conditions.

KPS Capital Partners Acquires Crane Composites

January 3, 2025

Building Products

KPS Capital Partners has completed the acquisition of Crane Composites, a U.S.-based manufacturer of fiberglass-reinforced plastic (FRP) composite panels. Crane Composites operates multiple manufacturing sites (including Channahon, Illinois) and employs several hundred people; KPS will own and manage the business through its affiliated management entities.

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.