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KPS Capital Partners, LP to acquire Innomotics GmbH from Siemens AG

KPS Capital Partners, LP to acquire Innomotics GmbH from Siemens AG

05/16/24, 5:12 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/DE.svgnuremberg
Industry
energy
manufacturing
KPS Capital Partners, LP has announced the acquisition of Innomotics GmbH from Siemens AG for an enterprise value of €3.5 billion. The acquisition aims to create a thriving independent enterprise, leveraging the foundation of Innomotics' 150-year history of unparalleled technological innovation and positioning it to capitalize on global megatrends.

Company Info

Company
KPS Capital Partners
Company info
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