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

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 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 Majority Stake in Jennmar

March 11, 2026

Industrial Services

KPS Capital Partners, LP (KPS) signed a definitive agreement through a newly formed subsidiary to acquire a majority/control interest in Jennmar and its subsidiaries. Financial terms were not disclosed, and closing is expected in Q2 2026 subject to customary 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.

KPS Forms Primient to Acquire Tate & Lyle's Primary Products Business

July 12, 2021

Food & Beverage

KPS Capital Partners agreed to acquire a controlling stake in Tate & Lyle’s Primary Products business and, together with Tate & Lyle, formed NewCo (Primient) to own the assets for an enterprise value of $1.7 billion. The transaction (a divestiture of Tate & Lyle’s Primary Products unit) creates an independent platform focused on nutritive sweeteners, industrial starches and other corn-derived ingredients, with KPS holding operational control and Tate & Lyle retaining a ~50% ownership stake.

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

January 26, 2026

Industrial Services

KPS Capital Partners signed a definitive agreement to acquire a controlling stake in Novacel, the surface protection solutions business owned by Compagnie Chargeurs Invest SA. Chargeurs will reinvest alongside KPS and retain a 25% ownership interest. The deal is expected to close in Q2 2026, subject to customary approvals and conditions, with financial terms undisclosed.