KPS has worked constructively with most of the major industrial and service unions in the United States and Canada, and increasingly in Western Europe. We have sponsored many transactions working constructively with unions, and unions bring a significant number of quality investment opportunities to our attention every year. Unions work with KPS because of our respect for the collective bargaining process, our demonstrated manufacturing credential, and our successful track record in creating viable and profitable going concerns.
KPS expects that many of our investments will involve meaningful participation from a company’s employees in the restructuring and turnaround process. Central to our approach is the creation of participatory, communicative and empowered corporate cultures that encourage employee input and involvement in all levels of decision-making.
Our approach has resulted in the successful turnaround of numerous companies and stands in sharp contrast to the confrontational approach often relied upon by other investors in distressed situations.
On The Web:
» Financial Times - "The friendly barbarian"
» St. Louis Post-Dispatch: KPS Capital Partners works with unions for a smooth transition
» UAW Local 1131 Works with New Employer to Save Jobs
» Union Lauds ESOP Group Buyout of Canton, N.C. Paper Mill
» North Carolina Local Union Members become Mill Owners in ESOP
» Friend or Foe? AFL-CIO Study Rates the Worker Friendliness of 37 Funds