M&A Deal Summary

NPK Construction Equipment Acquires Genesis Attachments

On May 17, 2019, NPK Construction Equipment acquired machinery company Genesis Attachments from KPS Capital Partners

Acquisition Highlights
  • This is NPK Construction Equipment’s 1st transaction in the Machinery sector.
  • This is NPK Construction Equipment’s 1st transaction in the United States.
  • This is NPK Construction Equipment’s 1st transaction in Wisconsin.

M&A Deal Summary
Date 2019-05-17
Target Genesis Attachments
Sector Machinery
Buyer(s) NPK Construction Equipment
Sellers(s) KPS Capital Partners
Deal Type Add-on Acquisition
Advisor(s) Deutsche Bank Corporate & Investment Banking (Financial)

Target

Genesis Attachments

Superior, Wisconsin, United States
Genesis Attachments LLC is a global producer of high-quality hydraulic mobile shears, specialty demolition attachment tools, grapples, concrete processors and associated aftermarket parts. Headquartered in Superior, Wisconsin, Genesis operates one manufacturing facility and one assembly and distribution facility with approximately 130 associates worldwide.

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Buyer(S) 1

Buyer

NPK Construction Equipment

Walton Hills, Ohio, United States
Category Company
Founded 1985
Sector Machinery
DESCRIPTION

NPK Construction Equipment, Inc. provides machinery and equipment used for construction, demolition and mining industries of North and South America. Every NPK product is designed with durability & productivity in mind. All Top Brackets, Hammer Brackets, Compactors, Sheet Pile Drivers, Pedestal Boom Systems & Hardcar Unloaders are designed, manufactured & assembled at NPKCE.

DEAL STATS #
Overall 1 of 1
Sector (Machinery) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Wisconsin) 1 of 1
Country (United States) 1 of 1
Year (2019) 1 of 1

Seller(S) 1

SELLER

KPS Capital Partners

New York, New York, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1991
PE ASSETS 13.4B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

KPS Capital Partners is a private investment firm that targets special situations including turnarounds, restructurings, bankruptcies, and corporate divestitures. KPS' target investment size is $100 million to $1 billion in businesses with minimum revenues of $250 million. The Firm has specific interest in companies engaged in the manufacturing, transportation, and service industries. KPS will not consider investments in high technology, financial services, telecommunications, broadcast media, real estate and natural resources. The Firm's geographic coverage spans the US, Canada, and Europe. KPS Capital Partners was formed in 1991 and is based in New York City.

DEAL STATS #
Overall 27 of 34
Sector (Machinery) 4 of 5
Type (Add-on Acquisition) 13 of 18
State (Wisconsin) 4 of 4
Country (United States) 24 of 28
Year (2019) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-16 Howden

Renfrew, United Kingdom

Howden is a provider of mission-critical air and gas handling products, technologies, and services. Howden supports multiple sectors including infrastructure, power generation, oil & gas, wastewater, metals, mining, and transportation. Howden was founded in 1854 and is based in Renfrew, Scotland.

Buy $1.8B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-19 Chassis Brakes International B.V.

Amsterdam, France

Chassis Brakes International Group is a manufacturer of automotive brakes and related brake components. The Group’s primary products include brake calipers, disk brakes, drum brakes, and parking brakes. These products are sold directly to original equipment manufacturers and through various aftermarket channels. Chassis Brakes International Group is based in Amsterdam, the Netherlands.

Sell -
Mergr

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