Deal Details
KPS Global Is Acquired by Viessmann
Summary
KPS Global, LLC ("KPS Global"), a partner company of D Cubed Group ("D Cubed"), has signed an agreement to be acquired by the Viessmann Generations Group (“Viessmann"). The transaction remains subject to customary closing conditions and is expected to close in the next 90 days. Terms of the transaction were not disclosed.
Baird served as the lead financial advisor to KPS Global on this transaction.
About
KPS Global is the market leading provider of end-to-end solutions for custom enclosures for controlled environments, with the most extensive value chain coverage across design, engineering, installation and aftermarket services. KPS Global is recognized as the clear leader throughout the food retail end market and has also expanded significantly into the scientific and cold storage markets. KPS Global has five strategically located manufacturing facilities to serve customers anywhere in the world. Headquartered in Fort Worth, Texas, KPS Global has more than 850 employees.D Cubed is a highly differentiated long-duration private-market investment firm that actively invests equity capital in profitable small and mid-scale businesses in targeted sectors of the consumer and business services industries. The firm is focused on delivering enhanced long-term risk-adjusted investment returns in a manner most beneficial to its aligned and business oriented, high net worth and similarly minded investors. D Cubed focuses on the creation of value through concentrated investing in a limited group of special businesses and providing all-in engaged support, not having arbitrary timeframes and providing an exceptionally deep and wide range of resources to assist partner companies grow into long-term great enterprises.
Founded in 1917, the independent family company Viessmann is today a global, broadly diversified group. All activities are based on the firm's purpose to "co-create living spaces for generations to come.” This is the passion and responsibility that the large worldwide Viessmann family brings to life every day. Viessmann forms an ecosystem of entrepreneurs and co-creators with a clear focus on CO2 avoidance, CO2 reduction and CO2 capturing. Viessmann is headquartered in Allendorf, Germany.
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- Date
- August 2024
- Company
- KPS Global, LLC
- Transaction
- M&A - Sellside
- Sectors
- Industrial
- Verticals
-
Industrial Equipment
- Target Geography
- North America
- Acquiror Geography
- Europe
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