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Last updated on April 18, 2014 at 15:29 EDT

Latest KPS Capital Partners Stories

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...

2013-06-17 08:21:39

NEW YORK, June 17, 2013 /PRNewswire/ -- KPS Capital Partners, LP ("KPS") announced today that its portfolio company, Waupaca Foundry, Inc. ("Waupaca" or the "Company"), completed its second successful recapitalization. The proceeds of the recapitalization, funded by a $125 million upsizing of the Company's term loan, were used to fund a $125 million cash distribution to stockholders. Following the recapitalization, Waupaca remains conservatively capitalized and has the continued support of...

2013-05-20 20:22:32

NEW YORK, May 20, 2013 /PRNewswire/ -- KPS Capital Partners, LP ("KPS") announced today that, through a newly formed company, Expera Specialty Solutions, LLC and its affiliates ("Expera"), it has entered into definitive agreements with Wausau Paper Corp. (NYSE: WPP) ("Wausau") to acquire Wausau's specialty paper business ("Wausau Specialty Paper") and with Packaging Dynamics Corporation ("PKDY") to acquire PDKY's specialty paper business ("Thilmany"). Wausau Specialty Paper and Thilmany are...

2013-05-03 00:20:37

PITTSBURGH, May 2, 2013 /PRNewswire/ -- United Steelworkers (USW) members at Wausau Paper's Rhinelander, Wis., and Mosinee, Wis., mills and the Thilmany mill in Kaukauna, Wis., today ratified a new collective bargaining agreement with KPS Capital Partners in anticipation of the private equity firm successfully creating the largest specialty paper company in North America. (Logo: http://photos.prnewswire.com/prnh/20080131/DC12982LOGO ) "We are proud of the leadership that our local unions...

2013-03-21 20:23:53

PITTSBURGH, March 21, 2013 /PRNewswire-USNewswire/ -- The United Steelworkers Union (USW) greeted today's announcement from Wausau Paper about the potential purchase of Wausau's Mosinee and Rhinelander mills and other non-disclosed assets with interest and cautious optimism. (Logo: http://photos.prnewswire.com/prnh/20080131/DC12982LOGO ) Wausau signed a non-binding Letter of Intent to sell its specialty paper business to a new company that will be formed and controlled by investment funds...

2013-02-07 12:22:52

NEW YORK, Feb. 7, 2013 /PRNewswire/ -- KPS Capital Partners, LP ("KPS") announced today that its portfolio company Waupaca Foundry, Inc. ("Waupaca" or the "Company") has completed a successful recapitalization. The proceeds of the recapitalization, funded by a $200 million upsizing of the Company's term loan, were used to fund a $200 million cash distribution to stockholders. Following the recapitalization, Waupaca remains conservatively capitalized and will have the continued support of...

2012-11-26 08:21:05

NEW YORK, Nov. 26, 2012 /PRNewswire/ -- KPS Capital Partners, LP ("KPS") today announced that its portfolio company Chassis Brakes International Group ("CBI" or the "Group") has acquired substantially all of the assets of Australian-based Autocast and Forge Pty Ltd ("ACF"), through an indirect, wholly-owned subsidiary. ACF's assets were acquired free and clear of substantially all liens, claims and encumbrances through ACF's voluntary administration process. Financial terms of the...

2012-10-08 07:20:45

NEW YORK, Oct. 8, 2012 /PRNewswire/ -- American Securities LLC, a U.S. private equity firm, and KPS Capital Partners, a manager of special situation funds, today announced that American Securities has acquired HHI Group Holdings, a manufacturer of highly engineered, safety-critical forged components for automotive customers, from KPS. Financial terms of the transaction were not disclosed. HHI is the largest North American manufacturer of highly engineered, safety-critical forged components...

2012-06-01 02:20:38

DRANCY, PARIS, France, June 1, 2012 /PRNewswire/ -- Chassis Brakes International Group, headquartered in Drancy, Paris France, announced today that the acquisition of the Robert Bosch global automotive foundation brakes business by Caliper Acquisition International, a newly-founded affiliate of KPS Capital Partners, has been completed. The foundation brakes business will operate under the name Chassis Brakes International Group. Chassis Brakes International Group is one of the...