Crane Composites Acquired by KPS Capital Partners

Deal News | Jan 03, 2025 | KPS Capital

KPS Capital Partners has successfully completed the acquisition of Crane Composites, further broadening its portfolio of manufacturing and industrial companies. With assets under management amounting to approximately $21.4 billion, KPS has a long-standing strategy of making controlling equity investments across a diverse range of industries, including basic materials, branded consumer, healthcare, and automotive. This latest acquisition aligns with KPS's investment philosophy of enhancing strategic positions and profitability through operational improvements rather than heavy reliance on financial leverage. KPS’s portfolio companies collectively generate about $23.7 billion annually, spanning 251 manufacturing facilities globally.

Sectors

Private Equity
Manufacturing
Industrial

Geography

United States – KPS Capital Partners is based in the United States, and the acquisition of Crane Composites is part of its strategy involving U.S. companies.
Global – KPS's portfolio companies operate in 30 countries, highlighting its global reach and strategy.

Industry

Private Equity – The article discusses the activities of KPS Capital Partners, a private equity firm with significant assets under management and a diverse investment strategy.
Manufacturing – KPS Capital Partners focuses its investments on manufacturing and industrial companies, exemplified by the acquisition of Crane Composites.
Industrial – KPS invests in industrial sectors, and the acquisition of Crane Composites is part of their strategic expansion in this industry.

Financials

$21.4 billion – The total assets under management for KPS Capital Partners as of September 30, 2024.
$23.7 billion – Annual revenues generated by companies within KPS's portfolio.
$200 million – The initial equity capital KPS Mid-Cap targets for investments in the lower end of the middle market.

Participants

Name	Role	Type	Description
KPS Capital Partners	Bidding Company	Company	A private equity firm with approximately $21.4 billion in assets under management, focusing on manufacturing and industrial companies.
Crane Composites	Target Company	Company	A company operating within the industrial and manufacturing sector, recently acquired by KPS Capital Partners.