KPS Capital Partners Acquires Majority Stake in Jennmar

FalconPoint Partners Invests in JENNMAR

May 14, 2024

Manufacturing

FalconPoint Partners completed its inaugural investment in JENNMAR, committing and investing in excess of $250 million of equity to support the company's global expansion. JENNMAR — a century-old manufacturer of infrastructure products and provider of specialized services to the civil infrastructure, solar, mining, and construction markets — will remain led by CEO Tony Calandra and his management team; the transaction also provides significant liquidity to the business.

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

March 3, 2026

Industrial Services

KPS Capital Partners, through a newly formed affiliate, entered into a definitive agreement to acquire a controlling stake in Ketjen’s refining catalyst solutions business from Albemarle. At close, KPS and Albemarle are expected to own about 51% and 49% of Ketjen, with KPS having a majority board and operational control, while Albemarle retains 100% of the Performance Catalyst Solutions (PCS) business.

KPS Capital Partners Acquires Siderforgerossi Group S.p.A.

June 9, 2021

Manufacturing

KPS Capital Partners has signed a definitive agreement to acquire Siderforgerossi Group S.p.A., a vertically integrated manufacturer of large-diameter rolled and forged products headquartered in Veneto, Italy. KPS said it will use the business as the basis for a global forged-products platform and pursue organic growth and acquisitions; financial terms were not disclosed.

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 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.

Jennmar Acquires Weber Mining & Tunnelling SAS

August 8, 2025

Manufacturing

Jennmar, a FalconPoint Partners portfolio company, has acquired Weber Mining & Tunnelling SAS, a France-headquartered manufacturer of resins and foams for mining and tunnelling ground support. The acquisition expands Jennmar’s international footprint (manufacturing in France and Poland; sales/distribution in Turkey, Australia and Mexico) and adds Weber’s R&D-driven resin and foam capabilities to Jennmar’s product portfolio.