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Latest KPS Capital Partners LP Stories

2014-09-02 08:32:47

NEW YORK, Sept. 2, 2014 /PRNewswire/ -- KPS Capital Partners, LP ("KPS") announced today that its portfolio company Expera Specialty Solutions, LLC ("Expera" or the "Company") has completed a successful recapitalization. Expera raised $270 million of financing, including a $75 million cash flow revolving credit facility and a $195 million term loan. The proceeds of the recapitalization were used to refinance outstanding debt, to fund a $35 million cash distribution to stockholders...

2014-08-19 04:21:04

NEW YORK, Aug. 19, 2014 /PRNewswire/ -- KPS Capital Partners, LP ("KPS") announced today that it signed a definitive agreement, through an affiliate, to sell its portfolio company Waupaca Foundry, Inc. ("Waupaca" or the "Company") to Hitachi Metals, Ltd. ("Hitachi Metals", TSE: 5486) for $1.3 billion in cash. Waupaca is the largest iron foundry company in the world, producing gray and ductile iron castings using state-of-the-art technology. The Company is North America's leading...

2014-06-16 08:30:52

NEW YORK, June 16, 2014 /PRNewswire/ -- KPS Capital Partners, LP ("KPS") announced today that its portfolio company American & Efird Global, L.P. ("A&E") will acquire substantially all of Gutermann Holding SE's global industrial and consumer thread business ("Gutermann"). The transaction was approved by the stockholders of Gutermann on June 14, 2014, but is still subject to customary closing conditions. Financial terms of the transaction were not disclosed. A&E is...

2014-04-10 08:35:28

NEW YORK, April 10, 2014 /PRNewswire/ -- KPS Capital Partners, LP ("KPS") announced today that, through a newly formed affiliate, it has entered into definitive agreements to acquire Electrical Components International, Inc. and its affiliates ("ECI" or the "Company"). Financial terms of the transaction were not disclosed. ECI is the world's leading manufacturer of wire harnesses and value-added assembly services for consumer appliance and specialty-industrial applications. ECI has...


Word of the Day
maffling
  • To stammer.
  • Present participle of maffle, to stammer.
  • A simpleton.
The word 'maffle' may come from a Dutch word meaning 'to move the jaws' or a French word meaning 'having large cheeks'.