M&A Deal Summary

Centre Partners Management Acquires KNS International

On November 16, 2021, private equity firm Centre Partners Management acquired apparel/textiles company KNS International from Tower Arch Capital

Acquisition Highlights
  • This is Centre Partners Management’s 1st transaction in the Apparel/Textiles sector.
  • This is Centre Partners Management’s 49th transaction in the United States.
  • This is Centre Partners Management’s 1st transaction in Utah.

M&A Deal Summary

Date 2021-11-16
Target KNS International
Sector Apparel/Textiles
Buyer(s) Centre Partners Management
Sellers(s) Tower Arch Capital
Deal Type Secondary Buyout

Target

KNS International

Draper, Utah, United States
KNS International is a designer and distributor of branded products across multiple categories with special focus on women's and men's shoes, including products under Journee Collection and other brands, and is a preferred partner for national retailers looking to optimize inventory and expand online product offerings. KNS is based in Draper, Utah.

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Buyer(S) 1

Buyer

Centre Partners Management

New York, New York, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1986
PE ASSETS 2.6B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Centre Partners is a private equity firm focused on investments in North American middle-market companies 'with strong growth prospects, predictable cash flows, and defensible competitive positions'. Prospective transactions include investments in privately owned companies, growth capital financings, management buyouts/buy-ins, divestitures, and take privates. The Firm's typical investment size is $10 to $50 million. Areas of interest include consumer products and services, cable/media, business services, energy, financial services, healthcare, industrial, and retail. Centre Partners was formed in 1986 and has offices in New York, New York and Los Angeles, California.


DEAL STATS #
Overall 51 of 54
Sector (Apparel/Textiles) 1 of 1
Type (Secondary Buyout) 3 of 4
State (Utah) 1 of 1
Country (United States) 49 of 52
Year (2021) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-01 Alliance Mobile

Troy, Michigan, United States

Alliance Mobile is a provider of wide range of wireless, broadband, entertainment and streaming products and services exclusively for AT&T. Alliance Mobile was founded in 2008 and is based in Troy, Michigan.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-04-07 Vision Innovation Partners

Annapolis, Maryland, United States

Vision Innovation Partners is a platform for ophthalmology service providers in the Mid-Atlantic region. VIP offers a comprehensive range of services, including routine eye exams and LASIK surgery as well as treatment for cataracts, glaucoma, macular degeneration, and other ocular diseases. Vision Innovation Partners was founded in 2017 and is based in Annapolis, Maryland.

Sell -

Seller(S) 1

SELLER

Tower Arch Capital

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2013
PE ASSETS 700M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Tower Arch Capital is a lower middle-market private equity firm focused on partnering with and growing family and entrepreneur-owned companies. Tower Arch seeks US-based companies with $20 to $150 million in revenue and up to $30 million of EBITDA. Prospective transaction situations include buyouts, recapitalizations, and corporate divestitures. Tower Arch Capital was formed in 2013 and is based in Draper, Utah.


DEAL STATS #
Overall 6 of 6
Sector (Apparel/Textiles) 1 of 1
Type (Secondary Buyout) 3 of 3
State (Utah) 1 of 1
Country (United States) 6 of 6
Year (2021) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-01 LifePort

Woodland, Washington, United States

LifePort specializes in the manufacture of cabin components, mechanical devices, cabinetry and finished interior structures for helicopters and business jets. LifePort was founded in 1990 and is based in Woodland, Washington.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-19 Intelligent Technical Solutions

Chicago, Illinois, United States

Intelligent Technical Solutions is a provider of IT-managed services that offers managed IT, cloud, cybersecurity, VoIP phone, and fiber internet services to small and medium-sized businesses (20-500 seats) in several cities throughout the United States. Intelligent Technical Solutions is based in Chicago, Illinois.

Buy -