Latest News on KRG Capital
Vention Medical Acquires RiverTech Medical
DENVER, CO (July 15, 2013) – KRG Capital Partners (KRG) announces that one of its Fund IV platform companies, Vention Medical, a firm that provides an integrated services solution for the design, engineering and manufacturing of complex medical devices and components, has acquired RiverTech Medical. With the acquisition of RiverTech, Vention Medical continues to expand its extensive portfolio of advanced component technology offerings for the development and manufacture of catheter-based devices used in a range of interventional, surgical and minimally invasive procedures. RiverTech’s breadth of experience with polyimide tubing will add to Vention’s current capabilities including balloon catheters, catheter assemblies and a variety of other minimally invasive medical device applications.
RiverTech’s talented team of management shareholders will become shareholders in Vention Medical through the transaction and will continue to lead the RiverTech business post-acquisition.
KRG Capital Partners Fund IV (KRG) made its … Read More »
Fort Dearborn Company Acquires AC Label
DENVER, CO (June 18, 2013) Fort Dearborn Company, a leading supplier of cut & stack, pressure sensitive, roll-fed and shrink sleeve labels, has acquired AC Label which includes St. Louis Litho and St. Louis Pressure Sensitive. The acquisition of AC Label enhances Fort Dearborn’s leadership position in the decorative label marketplace by broadening its geographic footprint, capabilities and market penetration. Fort Dearborn’s management team is experienced in executing and integrating add-on acquisitions effectively and fully anticipates the addition of AC Label to be an important contributor to Fort Dearborn’s near-term and ongoing success.
KRG Capital Partners Fund IV (KRG) made an investment in Fort Dearborn Company in August of 2010. The acquisition of AC Label represents the 180th investment for KRG since inception.
About Fort Dearborn Company: Fort Dearborn Company is a leading supplier of high-impact decorative labels for the beverage, food, … Read More »
Brad Morton Joins PAS Technologies’ Board of Directors
Kansas City, Mo. – April 2, 2013 PAS Technologies Inc. (PAS or the Company) is pleased to announce that Brad Morton has joined the Company’s Board of Directors. Mr. Morton has over 25 years of experience in the aerospace industry in executive, operational and business development roles, serving most recently as President of Eaton Corporation’s (Eaton) Aerospace Group from 2002 to 2012. During Mr. Morton’s tenure as President of Eaton’s Aerospace Group, he led the development and implementation of strategic growth plans that helped expand the business from approximately $750 million in revenue to over $1.8 billion in revenue and strategically redeveloped the business through the execution of three divestitures, three acquisitions and one joint-venture. Prior to joining Eaton, Mr. Morton spent 25 years with Honeywell and Allied Signal in various aerospace and industrial business units.
“We are excited to have … Read More »
KRG Capital Fund IV Platform Company Fort Dearborn Acquires FetterGroup’s Paint & Coatings Label Business
DENVER, CO (March 1, 2013) – KRG Capital Partners (KRG) announces that one of its Fund IV platform companies, Fort Dearborn Company, a leading supplier of cut & stack, pressure sensitive, roll-fed and shrink sleeve labels, has completed the acquisition of FetterGroup’s paint & coatings labels business. KRG made its initial investment in Fort Dearborn Company in August 2010 and the acquisition of FetterGroup’s paint & coatings label business represents the 179th investment for KRG since its inception.
About Fort Dearborn Company: Fort Dearborn Company is a leading supplier of high-impact decorative labels for the beverage, food, household products, nutraceutical, paint and coatings, personal care, private label/retail and spirits markets. The company provides cut & stack, pressure sensitive, roll-fed and shrink sleeve labels across multiple print technologies including digital, flexographic, offset lithographic and rotogravure. Headquartered in Illinois, the company has ten … Read More »
KRG Completes a Banner Year in 2012
Acquired Four, Sold Three and Recapitalized Two Platform Companies
DENVER, CO (February 20, 2013) – KRG Capital Partners (“KRG”) completed a successful 2012 acquiring nine new companies (including four platforms), exiting three investments and completing two dividend recapitalizations. With over $375 million of available capital from KRG’s $1.96 billion Fund IV along with additional capital from institutional co-investors, KRG is actively pursuing the acquisition of two or more additional platforms as well as continuing its aggressive “buy and build” consolidation strategy for the existing 14 Fund IV platforms. KRG also anticipates positioning two to three additional companies for exit in the next 12-18 months.
On the acquisition front in 2012, KRG acquired four platforms at an aggregate enterprise value of $1.4 billion (Ansira Partners, Inc., Convergint Technologies, Home Solutions Holdings, LLC and Athletic Therapy Institute Holdings, LLC) bringing the Fund IV platform … Read More »
KRG Capital Partners Completes Investment in Home Solutions
Investment represents thirteenth platform for KRG’s Fund IV
DENVER, CO (October 11, 2012) – KRG Capital Partners (KRG), a Denver-based private equity firm that specializes in partnering with management teams that are committed to building best in class industry leading companies, has completed a recapitalization of Home Solutions Holdings, LLC (Home Solutions) in combination with its senior management team. This investment represents the thirteenth (13th) platform company for KRG’s $1.96 billion Fund IV (Fund IV) and its fourth (4th) platform investment in the healthcare sector.
Home Solutions is a leading independent provider of home infusion therapy services located throughout the Northeastern and Mid-Atlantic regions. The Company was founded in 1996 by its current CEO, Todd Timbrook, and has developed into one of the most well-respected infusion providers by delivering unmatched customer service and superior clinical outcomes.
“Home Solutions has an outstanding track … Read More »
KRG Capital Partners Completes Investment in Convergint Technologies
Investment represents twelfth platform for KRG’s Fund IV
DENVER, CO (September 18, 2012) – KRG Capital Partners (KRG), a Denver-based private equity firm that specializes in partnering with management teams that are committed to building best in class industry leaders, has completed a recapitalization of Convergint Technologies along with its senior management team. This investment represents the twelfth (12th) platform company for KRG’s $1.96 billion Fund IV.
Convergint Technologies, one of the nations’ leading commercial security and life safety systems integrators, was founded in 2001 and has enjoyed uninterrupted growth for over eleven years with 21% year over year growth throughout the recession. Convergint initially installed cameras, card readers and smoke detectors. Today, Convergint is the leading independent integrator in deploying and servicing IP based devices. These systems and sophisticated application software are integrated into client’s enterprise systems to create business efficiencies, … Read More »
KRG Capital Partners Promotes Four Team Members, Hires New Vice President
DENVER, Colorado (May 2, 2012) – KRG Capital Partners (“KRG”), one of the largest Denver-based buyout firms, is pleased to announce the promotion of four investment professionals and the recent hiring of an additional Vice President. “Having recently celebrated the firm’s 16 year anniversary, we’re proud to say our firm continues to provide upward opportunities for talented professionals seeking a long-term career in private equity, and new opportunities for those looking to join the industry,” said Mark King, Managing Director and Co-Founder of KRG.
Mr. Damon Judd joined the most senior ranks of the firm as a newly named Managing Director while Messrs. Michael Barkin, Colton King and Bennett Thompson were promoted to Principal. “These four gentlemen have been a part of the KRG team for an average of six years,” said Bruce Rogers, Managing Director and Co-Founder of KRG. “The … Read More »
KRG Capital Partners Completes Investment in Ansira Partners, Inc.
Investment represents eleventh platform for KRG’s Fund IV
DENVER, CO (March 19, 2012) – KRG Capital Partners (KRG), a Denver-based private equity firm, has completed an investment in Ansira Partners, Inc. (Ansira). Ansira, a leading independent engagement marketing agency, is the third platform company for KRG in advertising and marketing services. Ansira is also the eleventh platform company for KRG’s $1.96 billion Fund IV. KRG plans to partner with Ansira management to continue building one of the industry’s leading customer intelligence and engagement marketing platforms, both organically and through acquisition.
New York-based mergers & acquisitions firm AdMedia Partners acted as exclusive financial advisor to KRG in the transaction.
Ansira, the first integrated customer engagement agency, leverages superior marketing intelligence to build deeper, more effective relationships with consumers and the retail channel partners that engage them locally. Marketing intelligence is infused across all … Read More »
KRG Capital Partners Completes Sale of Tronair Holdings, Inc. – KRG’s second exit in its $1.96 billion Fund IV
DENVER, CO, March 12th, 2012 – KRG Capital Partners (KRG), a Denver-based buyout firm, completed the sale of Tronair Holdings, Inc. (Tronair). Tronair is a leading manufacturer of ground support equipment (GSE) for business, commercial and military aircraft. KRG acquired Tronair in February of 2008, and the sale represents KRG’s second full exit for its $1.96 billion Fund IV. KRG’s limited partner investors will achieve a compelling return from the four-year investment.
“The Tronair management team has done an outstanding job building the leading GSE brand in the business aviation market, as well as expanding strategically into both the commercial and military end markets,” said Steve Neumann, a Managing Director at KRG Capital Partners. “Tronair is well-positioned to continue to outperform the market through its broad product line offering, best-in-class engineering, and experienced leadership team. We wish Ken Greene and … Read More »