KPS Capital Partners Sells IKG to Meiser International and DUTCO

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.

Meiser International Acquires The Expanded Metal Company

August 3, 2023

Manufacturing

Meiser International GmbH has acquired The Expanded Metal Company from EIH Capital Partners for an undisclosed sum. The Expanded Metal Company, a specialist in expanded metal mesh previously part of the Expamet group, was sold by Nashville-based buyout fund EIH Capital Partners; McDermott Will & Emery advised the seller.

IK Partners Acquires DRIESCHER

November 22, 2024

Manufacturing

IK Partners' IK X Fund has signed an agreement to acquire DRIESCHER GmbH from the founding family shareholders, with the family reinvesting and co-founders of Czech subsidiary DRIBO selling and reinvesting into the Group. DRIESCHER, a German manufacturer of medium- and low-voltage switches and switchgear with ~500 employees across Germany and the Czech Republic, will partner with IK to pursue product innovation, expand aftersales services, grow in Germany and internationally, and consider bolt-on acquisitions.

Viessmann Generations Group Acquires KPS Global from D Cubed Group

October 3, 2024

Manufacturing

Viessmann Generations Group, the family-owned Viessmann organization, has completed the acquisition of KPS Global, a Fort Worth-based manufacturer of custom insulated panel systems. The purchase from long-duration investor D Cubed Group will expand Viessmann's Clean & Cold platform into the North American market and support KPS Global's continued growth and operations across its five manufacturing facilities.

IK Investment Partners Acquires Majority Stake in MDT technologies GmbH

December 23, 2019

Building Products

IK Investment Partners' IK VIII Fund has agreed to acquire a majority stake in MDT technologies GmbH from the company's founders. MDT is a German manufacturer of KNX-based building automation products; IK intends to support the company's next growth phase and international expansion while maintaining focus on product innovation.

IK Partners Invests in Kran og Industri Service (KIS)

July 15, 2024

Industrial Services

IK Partners’ IK Small Cap III fund has signed an agreement to invest in Kran og Industri Service (KIS), a leading Norwegian provider of inspection, testing, certification and maintenance services for cranes and lifting equipment. IK will partner with KIS management (most of whom are reinvesting) to support organic growth, improve operations and pursue inorganic expansion to build a pan‑European inspection and service platform.