Investment Strategy

Investment Strategy

KPS believes that its differentiated investment strategy consistently results in the creation of strong, industry-leading companies.

There are three special situations that we are most interested in:

Corporate Divestitures and Carve-Outs

  • KPS creates new portfolio companies to acquire non-core assets or businesses of large corporations that it believes would benefit from becoming an independent and focused company under its ownership with access to KPS’ experience, global network, capital and resources
  • KPS has extensive experience completing highly complex corporate carve-out on a global scale
  • KPS understands the critical importance — to the acquired business, its customers, vendors, employees and the corporate seller — of successfully executing the separation and establishing a thriving independent company
  • KPS recognizes the imperative to maintain the continuity of operational performance during and after transition, including in the areas of safety, product quality, on-time delivery and customer service
New Carve out 3-30-23 

Businesses Acquired in Connection with Restructurings

  • KPS creates new portfolio companies to acquire assets or businesses presented for sale in connection with financial restructurings, whether pursuant to a structured bankruptcy proceeding, or an out-of-court change-of-control transaction
  • KPS creates new portfolio companies to acquire businesses with recurring operating losses, diminishing revenues and market share, and in need of transformational operational change
  • KPS has extensive experience in structuring complex change-of-control restructuring transactions that involve banks, bondholders, other creditor constituencies and stockholders
  • KPS can also provide debtor-in-possession financing or other forms of structured financing in furtherance of obtaining control of a company

Private Sales

  • KPS successfully creates profitable and thriving portfolio companies by acquiring assets or businesses from families, entrepreneurs, and other financial owners seeking to transition ownership
  • KPS provides portfolio companies with the strategic, operational and financial resources to support capital investment, modernization and growth
  • KPS provides portfolio companies with potential access to significant capital to grow
  • KPS is acutely sensitive to the special needs and circumstances involved in the sale of family and entrepreneur-owned companies

The KPS team operates as a cohesive unit through all stages of the transaction process.  Because of the Firm’s deep financial and operational expertise, KPS has demonstrated an ability to provide sellers with speed and certainty of closing.  Sellers transacting with KPS will deal directly with a KPS Partner who can commit the resources of the Firm, allowing for an expeditious completion even for complex acquisitions.

While KPS is an active control investor, the Firm understands that each investment is different, and is willing to structure acquisitions to accommodate a stakeholder interested in retaining an ongoing interest in a divested business.

Learn More About Our Approach 

Dan Gray
Managing Director

T: 212.338.5118

Carsten Beck
Managing Director

T: +49 (0) 171 537 7104


One Vanderbilt Avenue, 52nd Floor
New York, NY 10017
T: 212.338.5100 | F: 646.307.7100

The information set forth in the materials on this site is as of December 31, 2023 and does not purport to be a complete summary of KPS or its investments. No representation, warranty or undertaking, express or implied, is given as to the accuracy or completeness of the information or opinions contained in such materials. No reliance may be placed for any purpose on the information and opinions contained in such materials or their accuracy or completeness and nothing in such materials may be relied upon in making any investment decision. Certain information on or linked to from this site is furnished by or is derived from materials furnished by outside sources. KPS does not assume responsibility for independent verification of such information and has relied on such information being complete and accurate in all material respects. Any information presented by outside sources represents the understandings and opinions of such outside sources, which may differ from those of KPS. Any statements and quotes from third-parties are not selected on the basis of any performance-based data. Any performance information included in any document on or linked to from this site is presented for illustrative purposes only and is not indicative of the future returns of any of the funds managed by KPS and there can be no assurance that such funds will achieve comparable results, be able to avoid losses or be able to implement their investment strategies.

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