KPS sold Speedline Technologies, Inc. to Illinois Tool Works Inc. in November 2006. Financial terms of the transaction were not disclosed. Headquartered in Franklin, Massachusetts, Speedline Technologies, Inc. ("Speedline") is a leading global producer of manufacturing equipment and services for the printed circuit board and semiconductor packaging industries. Speedline's four core product lines - MPM®, Electrovert®, Accel®, and Camalot® - and its Protect services together provide a comprehensive product and service line for customers’ Surface Mount Technology (SMT) and Semiconductor Packaging requirements. Speedline has the largest installed base in the SMT industry, and its clients include many of the world's blue-chip electronics companies. KPS Special Situations Fund II created Speedline to acquire the stock and related assets of Speedline Technologies, Inc. from Cookson Group, PLC. www.speedlinetechnologies.com
NEWS ARTICLES: November 8, 2006 BUYOUTS KPS Special Situations Funds to Sell Speedline Technologies, Inc. to Illinois Tool Works Inc. November 17, 2003 BUYOUTS "KPS Picks Up Speedline" November 5, 2003 KPS Special Situations Fund II Completes Purchase of Speedline Technologies