DENVER, CO (March 12, 2014) – Focus Group Holding Inc. (Focus), a KRG Capital Partners Fund III (KRG) portfolio company and a leading provider of engineering services in Western Canada to the energy and infrastructure end markets, has entered into an arrangement agreement under which it will be acquired by WSP Global Inc. (WSP; TSX:WSP), subject to the satisfaction of certain customary closing conditions.  WSP is one of the world’s leading professional services firms, working with governments, businesses, architects and planners and providing integrated solutions across many disciplines.  The transaction is expected to close in April of 2014.

The sale of Focus delivers a successful return for KRG’s limited partner investors, and builds on KRG’s track record of executing its buy-and-build investment approach.  Over the life of the investment, KRG partnered with Focus management to complete nine add-on … Read More »

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DENVER, CO (March 6, 2014) – Trafficware Group, Inc., a KRG Capital Partners Fund IV (KRG) portfolio company and leading participant in the intersection control hardware and software segments of the intelligent transportation systems market, announced that it has acquired PSI Acquisition, LLC, an Oregon-based manufacturing company that specializes in intelligent traffic solutions. Their product line includes a variety of CALTRANS traffic control cabinets, controllers and conflict monitors, innovative power backup technology, and industry-leading Cyberlock Security Access System.

“Trafficware is committed to bringing innovation and technology to the traffic industry, as well as a broad portfolio of products. Our goal is to equip our customers with the ability to solve the most complex traffic management problems, whether through organic product development, partnership, or acquisition,” said Jon Newhard, CEO of Trafficware.  PSI’s product line includes 33X series … Read More »

Denver, CO (January 29, 2014) Diversified Foodservice Supply, Inc. (DFSI), a KRG Capital Partners Fund IV (KRG) portfolio company and the parent company of leading brands in the foodservice parts, supplies, equipment, and accessories distribution industry, has acquired Mill Hardware & Food Service, Inc., one of the industry’s most well-known and respected companies.  The addition of Mill Hardware to the DFSI portfolio adds scale to the organization and improves the customer offering for chain restaurants and their associated franchisees.  Mill Hardware will continue to operate as a leading brand in the combined company and joins other DFSI brands AllPoints Foodservice Parts and Supplies, Franklin Machine Products (FMP), and Tundra Restaurant Supply as major brands owned by DFSI.

“Mill Hardware is recognized in the industry as a superior service provider and is clearly focused on the needs of its national chain restaurant … Read More »

DENVER, CO (December 18, 2013) –  Olson, a KRG Fund IV (“KRG”) portfolio company and one of the top five independent full-service digital advertising agencies in North America, announced today its acquisition of PulsePoint Group, an Austin-based digital marketing strategy consulting firm.

The addition of PulsePoint’s strategic expertise and tools further strengthens Olson’s well-established digital creative and executional capabilities. Olson Chief Executive Officer John Partilla said Olson chose PulsePoint because of the caliber of the agency’s talent, a client list that includes blue-chip brands such as Toyota, Novartis and Delta Air Lines, and its outstanding proprietary tools such as the cloud-based Social Media Accelerator application, which helps marketers develop strategic social media plans to achieve specific campaign objectives.

KRG made an investment in Olson in October 2009, representing the 5th of 14 platform company investments made to date in KRG Fund IV.  … Read More »

DENVER, CO (December 12, 2013) – ATI Physical Therapy Holdings, LLC (“ATI”), a leading provider of comprehensive outpatient rehabilitation services and a KRG Capital Partners’  (“KRG”) Fund IV portfolio company, has completed three acquisitions year-to-date 2013, adding Michigan and Tennessee to ATI’s ten state footprint. ATI acquired two Michigan-based outpatient rehabilitation practices, SCP Physical Therapy, LLC (“MRS”) and Dwight Orthopedic Rehabilitation (“Dwight”), with 29 clinics and 22 clinics, respectively, and North River Physical Therapy (“North River”), an eight clinic, Tennessee-based outpatient physical therapy provider.

“ATI successfully entered several new markets in 2013 by partnering with top providers.  These partnerships will serve as the anchors in these new markets as ATI continues to demonstrate impressive growth across its expanding geographic footprint,” said KRG Managing Director Steve Neumann.

“KRG has been an integral partner in assisting in strategic direction and providing execution assistance for … Read More »

DENVER, CO (December, 9 2013) – Convergint Technologies (“Convergint” or the “Company”), a KRG Fund IV (“KRG”) portfolio company and leading independent provider of integration services for electronic security, fire and life safety, and building automation systems in North America, has announced the addition of Canadian-based Acme Future Security Controls Inc. (“FSC”).  Founded in 1982, FSC is a leading provider of physical security systems and services throughout Eastern Canada.  Convergint and FSC will integrate the additional locations in Toronto and Ottawa resulting in one of the strongest physical security solution and service providers in Eastern Canada.

“We continue to evolve our capabilities to service customers on a worldwide basis, and the addition of FSC’s thirty-eight colleagues strengthens our position in Eastern Canada,” said Dan Moceri, CEO of Convergint. “FSC and Convergint also share similar company cultures which makes the integration of … Read More »

DENVER, CO (December 2, 2013) – KRG Capital Partners (“KRG”) today announced that Daniel E. Greenleaf will become President and Chief Executive Officer of Home Solutions, one of the nation’s leading specialty infusion companies, effective immediately.

Mr. Greenleaf, who most recently served as President and Chief Executive Officer for Coram Specialty Infusion Services as well as Chief Operating Officer for Apria Healthcare, will, as President and Chief Executive Officer of Home Solutions, be responsible for leading the rapidly-growing home infusion portfolio company of KRG.

“We are extremely pleased to bring Dan on as the President and CEO of Home Solutions,” said Steve Neumann, Managing Director of KRG. “There is no better leader in the home infusion industry than Dan. His strong executive skills and commercial and operations background bring the crucial elements to achieve significant growth, operational efficiencies, and … Read More »

DENVER, CO (November 26,  2013) – Convergint Technologies (“Convergint” or the “Company”), a KRG Fund IV (“KRG”) portfolio company and leading independent provider of integration services for electronic security, fire and life safety, and building automation systems in North America, has announced its acquisition of China-based ICD Security Systems (“ICD”).  Founded in 1997, ICD is a leading value-added security solutions provider serving global Fortune 500 companies by providing world class security services including system design, integration, support, and training.  ICD possesses a highly skilled workforce of over two hundred professionals located in ten offices and operating in seven countries throughout the Pacific Rim.

Convergint continues to experience rapid growth and is dedicated to continuing its acquisition strategy that includes bolstering its geographic coverage and partnering with strong integrators that allow Convergint to better serve the needs of its multi-national customers.  “Today … Read More »

DENVER, CO (October 29, 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 Fast Forward Medical (“Fast Forward”).  With the acquisition of Fast Forward, 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.  Fast Forward’s breadth of experience in catheter technologies and the company’s strategic location in the Minneapolis, MN area will further expand Vention’s current offering, including medical balloons, catheters, multi-layer extrusions, heat shrink tubing, polyimide and micro-tubing for a variety of catheter assemblies and minimally invasive medical devices.

Fast Forward’s talented team of management shareholders will … Read More »