Boston-based private equity firm Gemini has made an undisclosed investment in KP Corp. Sikich Investment Banking advised KP on the transaction. KP is a provider of marketing and communication services.
CHICAGO, May 12, 2014 /PRNewswire/ — KP Corporation — one of the nation’s premier providers of marketing and communications services — received a significant capital investment from Gemini Investors to further the company’s growth. Gemini, a private equity firm, specializes in providing capital to established middle market businesses with experienced management teams that have a solid operating history and significant growth potential.
Sikich Investment Banking served as KP’s exclusive financial advisor, valuing the company, engaging potential investors and identifying prospective partners that would embrace KP’s core values while providing a capital infusion to enable the company to further its growth. Over the past three years, the company has experienced strong earnings growth. That growth has been largely due to a finely tuned focus on customers and a deliberate strategy of providing customers with more sophisticated needs for high quality, security and privacy that depend upon KP’s total solution approach. For more than 85 years, KP Corporation has helped customers maintain leadership positions by consistently innovating ahead of its peers in an industry that has seen significant changes as new channels emerge to reach end customers.
Its state-of-the art production facilities, customized solutions and end-to-end technical competency have earned the company a world-class reputation for delivering value to customers.
“We sought capital to better support our expanded capabilities and further invest in infrastructure to meet our customers’ needs,” said KP CEO Joe Atturio. “But we also insisted on an investor who would not only help us execute our aggressive plans for growth, but who would support KP commitments to our culture and values, our customers and the communities we serve.
“The Sikich Investment Banking team shares our values and commitment to excellence, and they ensured we found an investor who would as well. Sikich was consistently mindful of our long-term interests throughout the process — from engagement, through due diligence, to closing.
“KP is excited to begin our next big chapter.”
Terms of the transaction were not disclosed.
About KP Corporation
From its roots in 1929, KP Corporation helps companies accomplish more with print and electronic communication programs. Their solutions combine the latest online technology with numerous capabilities in the marketing, document management, and product supply chains with emphasis on data security processes, infrastructure and systems. Their value is to provide ways to work smarter and lower costs. KP employs more than 300 people at six facilities in California, Washington, Utah, and Texas.
About Sikich Investment Banking
Based in Chicago, Sikich Investment Banking is part of Sikich LLP, a highly integrated, multidisciplinary professional services firm with more than 600 employees working out of eleven offices located throughout the country. Sikich Investment Banking is the Firm’s corporate finance and advisory practice, and through its wholly-owned subsidiary, Sikich Corporate Finance LLC, a registered broker-dealer and member of FINRA/SIPC, it provides capital raising, mergers and acquisitions, and strategic advisory services tailored to middle market clients in the U.S. and abroad. The Firm’s investment banking partners are known for their expertise in negotiating complicated issues and structures, and navigating through the complexities inherent in industries such as technology, life sciences, manufacturing and others. Visit Sikich Investment Banking at www.sikich.com/IB for more information.
Securities are offered through Sikich Corporate Finance LLC, a registered broker dealer with the Securities Exchange Commission and a member of FINRA/SIPC.
About Gemini Investors
Gemini Investors is a Boston-based private equity firm focused on providing investment capital to established, middle market businesses with revenues between $5 and $50 million. They are industry generalists, with a proven track record in consumer products and services, healthcare services, manufacturing, distribution, for-profit education, restaurants, waste and recycling, hardware and software technologies, and business services. Gemini has invested approximately $500 million in over 100 companies, in a variety of transactions including growth capital, acquisitions, recapitalizations, and buyouts since 1993.