Investment Criteria

In 2019, KPS Launched KPS Mid-Cap Investments (“KPS Mid-Cap”) and established a dedicated $1.0 billion fund KPS Special Situations Mid-Cap Fund (“Mid-Cap Fund I”). In 2023, KPS established a dedicated $1.7 billion fund KPS Special Situations Mid-Cap Fund II (“Mid-Cap Fund II”) to focus on investments in the lower end of the middle market.  KPS Mid-Cap targets the same type of investment opportunities and utilize the same investment strategy that KPS has successfully pursued for over two decades.  KPS Mid-Cap leverages and benefits from KPS’ global platform, reputation, track record, infrastructure, best practices, knowledge and experience.



Our Investment Criteria

We consider the following criteria for evaluating and pursuing platform investment opportunities.

Business Profile

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Manufacturing Companies

Focuses include: metals, automotive, paper, packaging, building materials, construction equipment, luxury and consumer products

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Businesses Headquartered in North America or Europe

May operate manufacturing facilities worldwide

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Revenues Typically Below $250 Million

Add-ons can be any size

Investment Profile

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Control Investor

With opportunity, in certain cases, for existing stakeholders to participate

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Up to $200 Million of Initial Equity Capital

The ability to scale

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Corporate Divestitures, Restructurings, Private Sales
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The information set forth in the materials on this site is as of September 30, 2024 (portfolio company data is as of September 30, 2024, pro forma for recent acquisitions) 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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