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KPS Capital Partners to acquire Sport Group, a global leader in artificial turf and polyurethane sports

Apr 08, 2024over 1 year ago

Acquiring Company

KPS Capital Partners

Acquired Company

Sport Group

BurgheimSportsFashionManufacturing

Description

KPS Capital Partners, LP announced the acquisition of Sport Group, adding a significant player in artificial surfaces to its investment portfolio. Sport Group, headquartered in Burgheim, Germany, is known for its innovative and sustainable products, serving diverse markets worldwide. KPS aims to leverage its expertise to further enhance Sport Group's industry leadership and support its growth initiatives.

Company Information

Company

KPS Capital Partners

About

KPS, through its affiliated management entities, is the manager of the KPS Special Situations Funds, a family of investment funds with approximately $12.8 billion of assets under management (as of March 31, 2021). For nearly three decades, the Partners of KPS have worked exclusively to realize significant capital appreciation by making controlling equity investments in manufacturing and industrial companies across a diverse array of industries, including basic materials, branded consumer, healthcare and luxury products, automotive parts, capital equipment and general manufacturing. KPS creates value for its investors by working constructively with talented management teams to make businesses better, and generates investment returns by structurally improving the strategic position, competitiveness and profitability of its portfolio companies, rather than primarily relying on financial leverage. The KPS Funds' portfolio companies have aggregate annual revenues of approximately $13.5 billion, operate 156 manufacturing facilities in 23 countries, and have approximately 40,000 employees, directly and through joint ventures worldwide. The KPS investment strategy and portfolio companies are described in detail at www.kpsfund.com. KPS Mid-Cap focuses on investments in the lower end of the middle market that require up to $100 million of initial equity capital. KPS Mid-Cap targets the same type of investment opportunities and utilizes the same investment strategy that KPS' flagship funds have for nearly three decades. KPS Mid-Cap leverages and benefits from KPS' global platform, reputation, track record, infrastructure, best practices, knowledge and experience. The KPS Mid-Cap investment team is managed by Partners Pierre de Villeméjane and Ryan Harrison, who lead a team of experienced and talented professionals. Logo - https://mma.prnewswire.com/media/1023167/KPS_Logo.jpg

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed