Kingswood Capital Management Acquires MEC

Westcap and Management Acquire Rocky Mountain Equipment (Go-Private)

February 18, 2021

Industrial Services

Westcap Mgt. Ltd., through syndication of its funds (Westcap MBO II Investment LP and Golden Opportunities Fund Inc.), partnered with management (AcquireCo/2223890 Alberta Ltd., controlled by Matthew Campbell and Garrett Ganden) to complete a go-private acquisition of Rocky Mountain Equipment. AcquireCo purchased all outstanding common shares for CAD $7.41 per share (approximately CAD $127.9 million aggregate), taking RME private; RME is Canada’s largest independent agriculture equipment dealer with ~36 branches across Alberta, Saskatchewan and Manitoba.

KV Capital / Mountain Sports Distribution Acquire UTV Canada

January 23, 2024

Retail

KV Capital’s private equity team has acquired UTV Canada Inc. and merged it with Mountain Sports Distribution (MSD), the KV-backed powersports platform company. UTV Canada’s CEO Stacy Nehring retains equity and will join MSD as the combined business aims to expand product access, dealer reach and operational efficiencies across the Canadian powersports market; financial terms were not disclosed.

KV Capital Acquires Mountain Sports Distribution

March 28, 2023

Consumer Products

KV Capital (through KV Private Equity Fund II) has completed its first Fund II acquisition, acquiring Mountain Sports Distribution Inc., a Golden, British Columbia-based full-service powersports distributor. KV Capital will support MSD's growth by expanding its brand roster and dealer network across Canada and beyond; financial terms were not disclosed.

Kian Capital Majority Recapitalizes The Eastwood Company

May 7, 2019

E-Commerce

Kian Capital completed a majority recapitalization of The Eastwood Company, partnering with management to provide institutional capital and support growth initiatives. Eastwood, an e-commerce provider of branded automotive restoration tools and supplies serving DIY enthusiasts and professionals, will leverage Kian's resources to accelerate product development, e-commerce expansion and overall growth.

Kingswood Capital Management Acquires Covenant Testing Technologies

October 24, 2023

Oil & Gas

Kingswood Capital Management, LP acquired Covenant Testing Technologies, a Houston-headquartered provider of flowback, production and sand management, and pressure control equipment rentals and associated services. Kingswood partnered with industry veterans James Stewart (to serve as CEO and Chairman) and Doug Scott (board member) to support expansion of Covenant's service offering and customer base across major U.S. shale basins.

Wealth Enhancement Group Acquires Kings Point Capital Management

June 2, 2022

Wealth Management

Wealth Enhancement Group, a Minneapolis-based independent wealth management firm, has acquired Kings Point Capital Management, an independent RIA with offices in Great Neck, New York and Brentwood, Tennessee. The deal brings Kings Point’s $1.7 billion in client assets onto Wealth Enhancement Group’s platform, increasing the firm’s total client assets to about $55 billion and adding a team of five advisors plus 11 support staff.