KPS Capital Partners Acquires Hussey Copper

KPS Capital Partners Acquires Lufkin Rod Lift Solutions from Baker Hughes

May 1, 2020

Energy

KPS Capital Partners has signed a definitive agreement to acquire the Lufkin rod lift solutions business from Baker Hughes. The transaction transfers Lufkin’s rod lift assets, brand rights, facilities, IP and personnel to an affiliate of KPS, creating an independent energy equipment platform headquartered in Missouri City, Texas; completion was expected mid‑2020 and is subject to customary conditions.

KPS Capital Partners Acquires Norsk Hydro's Aluminum Rolling Business (now Speira)

March 5, 2021

Manufacturing

KPS Capital Partners has agreed to acquire Norsk Hydro ASA's global aluminum rolling business for €1.38 billion (approximately $1.67 billion), with completion expected mid‑2021 subject to customary approvals. The business—operating seven manufacturing facilities and an R&D center (including Alunorf and Grevenbroich) across Germany and Norway and employing roughly 5,000 people—will operate independently under KPS ownership to accelerate growth, invest in assets and technologies, and pursue product development.

Salt Creek Capital Acquires Lewis Brass & Copper Holding Company

May 11, 2023

Manufacturing

Salt Creek Capital, a San Francisco Bay Area private equity firm, has acquired Lewis Brass & Copper Holding Company, an ESOP-owned distributor and specialty redraw tube operator serving customers across North America. The transaction accompanies management transition with Luke Anderson named incoming CEO as longtime leaders Richard Bacharach and Martin Erdfarb retire, and Salt Creek indicates plans to support growth and operational expansion.

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 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.

KPS Capital Partners Acquires INEOS Composites (now Alta Performance Materials)

December 3, 2024

Manufacturing

KPS Capital Partners agreed to acquire INEOS Composites from INEOS Enterprises for approximately €1.7 billion and has completed the transaction, creating a standalone company now named Alta Performance Materials. Alta is a global manufacturer of unsaturated polyester resins, vinyl ester resins and gelcoats with ~900 employees and 17 manufacturing facilities; KPS intends to invest in manufacturing excellence, R&D and growth.