KPS Capital Partners related stories
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KPS to sell WWRD to Fiskars for $437mThe PE firm purchased WWRD out of insolvency in 2009 and has since turned the company around
- KPS to sell WWRD to Fiskars for $437 mln
Fiskars Corp. said Monday it agreed to buy the WWRD group of companies and its portfolio of luxury home and lifestyle brands, which include Waterford, Wedgwood, Royal Doulton, Royal Albert and Rogaška. The seller is KPS Capital Partners. The $437 million purchase price is subject to a post completion adjustment based upon the level of net working capital and cash and debt in the acquired business on a closing date.
Deal of the Year, Large Market/Overall, 2015: KPS Capital PartnersWhen KPS Capital Partners looked at a potential buyout of Waupaca Foundry in 2011, the U.S. automotive sector remained in the early stages of a recovery and credit availability on such deals was constrained.
- KPS Capital's Expera completes certain Old Town assets acquisition
Expera Specialty Solutions, a portfolio company of KPS Capital Partners, has closed its buy of certain assets related to the Old Town Fuel & Fiber pulp mill. No financial terms were disclosed. The acquisition was made via a bankruptcy auction.
- PE-backed Expera to acquire certain assets of Old Town
Expera Specialty Solutions, a portfolio company of KPS Capital Partners, has agreed to buy certain assets related to the Old Town Fuel & Fiber pulp mill from its senior secured lender. No financial terms were disclosed.
- WL Ross & Co aims to pay well under 10x EBITDA
With interest rates low, equity prices near all-time highs, and deal-making frothy across many sectors, distressed debt and turnaround specialist WL Ross & Co has a host of challenges plying its trade.
- KPS Capital Partners' MCI completes recap
KPS Capital Partners' portfolio company Motor Coach Industries International has completed a recapitalization. MCI raised a new $130 million term loan in conjunction with the amendment and extension of the company's existing $115 million asset-based revolving credit facility.
- KPS-backed Expera closes $270 mln recap
Expera, a portfolio company of KPS, has completed a $270 million recapitalization.. Proceeds of the recap were used to pay a dividend to stockholders, refinance debt and support company growth. Expera is a maker of specialty paper products in North America.
- KPS books 5x on Waupaca Foundry sale
The sale to Hitachi Metals is one of the biggest in the firm’s history
- KPS to generate 5x on Waupaca Foundry sale
In what is said to be its largest and most profitable deal, KPS Capital Partners has agreed to sell Waupaca Foundry to Hitachi Metals for $1.3 billion in cash, according to a statement released on Aug. 19.