KPS Capital Partners Acquires AM General LLC

KPS Capital Partners Acquires Briggs & Stratton

September 15, 2020

Manufacturing

KPS Capital Partners, through a newly formed affiliate, acquired substantially all assets of Briggs & Stratton Corporation in a Section 363 sale following the Company's Chapter 11 filing, for approximately $550 million. KPS provided $265 million of DIP financing, secured committed exit financing, and named Steve Andrews as President and CEO to lead a relaunch of the company as a well-capitalized independent manufacturer.

KPS Capital Partners to Acquire The Wells Companies, Inc.

February 10, 2026

Industrial Services

KPS Capital Partners, LP has signed a definitive agreement through a newly formed affiliate to acquire The Wells Companies, Inc. Financial terms were not disclosed. The transaction is expected to close in the first quarter of 2026, subject to customary closing conditions and approvals.

KPS Capital Partners to Acquire Substantially All Assets of Garrett Motion Inc.

September 20, 2020

Automotive

KPS Capital Partners, through a newly formed affiliate, agreed to acquire substantially all of the assets of Garrett Motion Inc. for approximately $2.1 billion and was designated as the stalking-horse bidder as Garrett filed for Chapter 11. KPS will participate in Garrett's DIP financing to support operations, and a syndicate of banks has committed exit financing; the sale remains subject to court approval and customary closing conditions.

KPS Capital Partners Acquires INEOS Composites from INEOS Enterprises

December 3, 2024

Manufacturing

KPS Capital Partners, through a newly formed affiliate, signed a definitive agreement to acquire INEOS Composites from INEOS Enterprises Holdings II Ltd for an estimated ~€1.7 billion. The deal was expected to close in the first half of 2025, and later sources confirm the acquisition closed and the company was renamed Alta Performance Materials.

KPS Capital Partners Acquires Controlling Interest in Princess Yachts

February 13, 2023

Manufacturing

KPS Capital Partners has entered into a definitive agreement to acquire a controlling equity interest in Princess Yachts, the Plymouth, England–based luxury motor yacht manufacturer, while existing stockholders will retain ownership. The transaction, expected to close in Q1 2023, will provide capital to accelerate growth and operational initiatives at Princess, which has an order book near $1 billion and approximately 3,200 employees across five manufacturing facilities.

KPS Capital Partners Acquires Majority Stake in Jennmar

March 11, 2026

Industrial Services

KPS Capital Partners, LP (KPS) signed a definitive agreement through a newly formed subsidiary to acquire a majority/control interest in Jennmar and its subsidiaries. Financial terms were not disclosed, and closing is expected in Q2 2026 subject to customary conditions and approvals.