The Stephens Group Acquires Kele, Inc.

February 25, 2020

The Stephens Group, LLC has acquired Kele, Inc., a Memphis-based distributor of building automation peripherals and controls. Snow Phipps Group completed the sale after owning Kele since 2015; terms were not disclosed. The Stephens Group positions Kele as a platform to capitalize on trends in building automation and pursue organic growth and acquisitions.

Buyers
The Stephens Group, LLC
Targets
Kele, Inc.
Sellers
Snow Phipps Group, LLC
Location
Tennessee, United States
Transaction Type
Buyout

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