KPS Capital Partners
Private equityNew York · 12 people tracked
Investment thesis
KPS focuses on making controlling investments in manufacturing and industrial businesses, driving value through operational improvement rather than financial engineering. Its fully integrated Operations Group partners with management teams on safety, productivity, manufacturing footprint, procurement, supply chain, and process improvement to build a culture of continuous improvement. KPS grows portfolio companies both organically and through strategic follow-on acquisitions, investing in capacity expansion, equipment upgrades, facility modernization, R&D, and new product introductions. The firm takes a long-term perspective, expanding manufacturing footprints globally and reducing supply-chain risk. Its partnership model gives senior leaders direct access to a KPS Partner, enabling accountability and speed of decision-making across economic and industrial cycles.
Source: firm website, verified Aug 6, 2026.
Team · 12 people
from the firm's websiteInvestments · 32 tracked
founders shown can be your intro pathLeading global manufacturer of unsaturated polyester resins, vinyl ester resins and gelcoats used in plastic composites.
South Bend, Indiana-based world leader in the design, engineering, manufacturing and support of light tactical vehicles.
KPS-created platform pursuing investments in the global automotive supply industry; acquired L&W, Inc., a leading Tier 1 supplier.
Milwaukee-based provider of innovative products and diverse power solutions.
Leading global technology company manufacturing systems for the conversion and storage of electrical power.
Agawam, Massachusetts-based designer and manufacturer of engineered acoustical, seismic and vibration solutions.
Leading global supplier of mission-critical electric motor and large drive systems.
Founded in 1922, a leading global provider of safety-critical products and services to mining, civil infrastructure, solar and construction industries.
Refining catalyst solutions business providing advanced catalyst solutions to petrochemical and refining producers.
Global leader in commercial fitness equipment and game tables.
Missouri City, Texas-based global provider of rod lift products, technologies, services and solutions.
Global, vertically integrated manufacturer of extruded aluminum profiles and related value-added services.
Leading global manufacturer of surface protection solutions across building, industrial, appliance and transportation markets.
Dallas-based, North America's leading vertically-integrated manufacturer, fabricator and distributor of architectural hardware, glass and glazing systems.
Leading global manufacturer of porcelain enamels and specialized glass coatings and colorants.
Leading provider of nutritive sweeteners, industrial starches, acidulants and other corn-derived products.
Plymouth-based leading builder of luxury motor yachts.
Leading vertically integrated manufacturer of rolled and forged products.
Leading manufacturer of advanced rolled aluminum products, producing approximately one million tonnes per year.
Leading designer, manufacturer and installer of artificial surfaces for sports flooring, leisure, landscaping and industrial markets.
Leading designer and manufacturer of fiberglass reinforced plastic (FRP) composite products (formerly Crane Composites).
Fund performance · per public LP disclosures · 11
as of Sep 2025| Fund | Vintage | Committed | Net IRR | TVPI | DPI |
|---|---|---|---|---|---|
| KPS Special Situations Fund VILPs: Florida State Board of Administration, Oregon Public Employees Retirement System, Pennsylvania Public School Employees' Retirement System +3 more | 2023 | — | — | 1.07x | 0.09x |
| KPS Special Situations Mid-Cap Fund IILPs: Florida State Board of Administration, Los Angeles City Employees' Retirement System, South Carolina Retirement System Investment Commission | 2023 | — | — | 0.00x | — |
| KPS Special Situations Fund VLPs: Florida State Board of Administration, Pennsylvania Public School Employees' Retirement System, Oregon Public Employees Retirement System +4 more | 2020 | — | 11.7% | 1.31x | 0.44x |
| KPS Special Situations Mid-Cap FundLPs: Florida State Board of Administration, Pennsylvania Public School Employees' Retirement System, Los Angeles City Employees' Retirement System +1 more | 2019 | — | 16.0% | 1.49x | 0.36x |
| KPS IVLPs: Teachers' Retirement System of Oklahoma | 2014 | — | 21.9% | 2.09x | 1.62x |
| KPS Special Situations Fund IVLPs: Florida State Board of Administration, Los Angeles City Employees' Retirement System, Pennsylvania Public School Employees' Retirement System +1 more | 2014 | — | 22.0% | 2.07x | 1.60x |
| KPS Special Situations Fund III-Supplemental LPLPs: Florida State Board of Administration, Pension Reserves Investment Management Board | 2009 | — | 22.7% | 2.67x | 2.67x |
| KPS Special Situations Fund III, L.P.LPs: California Public Employees' Retirement System, Santa Barbara County Employees' Retirement System | 2007 | — | 23.5% | 2.07x | 2.07x |
| KPS Special Situations Fund V (A), LPLPs: Florida State Board of Administration | 2007 | — | 48.8% | 1.44x | 0.08x |
| KPS Special Situations Supplemental Fund III, L.P.LPs: Florida State Board of Administration | 2006 | — | 22.6% | 2.67x | 2.66x |
| KPS Special Situations Fund II, L.P.LPs: Connecticut Retirement Plans and Trust Funds | 2004 | — | 63.4% | 3.50x | 3.50x |
Source: public limited-partner disclosures (CalPERS, CalSTRS). Net IRR / TVPI / DPI as reported by the limited partner; a fund's early-year IRR is an interim estimate (J-curve).
Frequently asked questions
- What is KPS Capital Partners's typical check size?
- KPS Capital Partners typically writes checks of $1.6B.
- What sectors does KPS Capital Partners focus on?
- KPS Capital Partners focuses on Advanced Manufacturing.
- Where is KPS Capital Partners located?
- KPS Capital Partners is headquartered in New York, US.
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