KRG Capital buys Palladium Energy

KRG Capital Partners has acquired Palladium Energy Inc. Financial terms weren’t announced. Woodridge, Illinois-based Palladium provides power solutions including custom battery packs, power supplies and electromechanical assemblies for markets such as medical, military, commercial, industrial and consumer electronics. KRG said it combined Palladium with portfolio company ICCNexergy Inc. Palladium’s president and CEO, John Gatti, is leading the newly combined company, as president and CEO effective immediately.


KRG sells Diversified Foodservice Supply to New Mountain Capital

New Mountain Capital has acquired Diversified Foodservice Supply Inc from KRG Capital Partners. No financial terms were disclosed. Robert W. Baird & Co. was financial advisor to DFS on the transaction. Headquartered in Mount Prospect, Illinois, DFS is a provider of maintenance, repair and operations parts, supplies and equipment to the foodservice industry.


KRG-backed Convergint buys Beacon

Convergint Technologies, a portfolio company of KRG Capital Partners, has acquired Beacon Security and Communications, a UK-based provider of security solutions. No financial terms were disclosed.


KRG to sell Olson to ICF for $295 mln

ICF has agreed to buy Olson from KRG Capital Partners and other minority shareholders for $295 million in cash. The transaction is expected to be completed by mid-November 2014. Based in Minneapolis, Olson is a marketing technology and digital solutions provider.

HII completes UPI acquisition from KRG

KRG Capital Partners has closed its sale of UniversalPegasus International to Huntington Ingalls Industries. No financial terms were disclosed. Headquartered in Houston, UPI is a provider of engineering and project management solutions to the energy sector.


Huntington Ingalls Industries agrees to buy PE-backed UPI

Huntington Ingalls Industries has agreed to acquire UniversalPegasus International, a portfolio company of KRG. No financial terms were disclosed for the transaction, which is expected to be completed this June. Headquartered in Houston, UPI is a provider of engineering and project management solutions to the energy sector.


WSP acquires KRG’s Focus

Focus Corporation, a provider of multi-disciplinary engineering services in Western Canada principally to the oil and gas industry, has entered into a definitive agreement to be acquired by WSP Global in an all cash transaction valued at approximately $366 million. Harris Williams & Co is acting as the exclusive advisor to Focus, a portfolio company of KRG Capital Partners.

KRG’s Fort Dearborn Completes FetterGroup Deal

KRG Capital Partners‘ portfolio company Fort Dearborn Company has completed the acquisition of FetterGroup’s paint & coating labels business. KRG made its initial investment in Fort Dearborn Company in August 2010 and the acquisition of FetterGroup’s paint & coatings label business represents the 179th investment for KRG since its inception. Fort Dearborn Company is a supplier of cut and stack, pressure sensitive, roll-fed and shrink sleeve labels.

Flexpoint Ford Sells Home Solutions to KRG Capital

Flexpoint Ford said Monday that it has sold its majority stake in Home Solutions Holdings to KRG Capital Partners. Financial terms weren’t announced. Northfield, N.J.-based Home Solutions provides specialty infusion pharmacy services. Cain Brothers provides financial advice to Home Solutions.

KRG Capital Invests in Ansira

KRG Capital Partners has invested in Ansira Partners. Financial terms weren’t disclosed. Ansira is a engagement marketing agency. News of the deal was announced by AdMedia Partners, which provided financial advice to KRG. PRESS RELEASE M&A firm AdMedia Partners today announced that it acted as exclusive financial advisor to KRG Capital Partners (KRG), a Denver-based […]

Denver Firm Returns $800M In Less Than 3 Months

KRG Capital Partners has been on a selling spree in recent months, which should put the Denver-based buyout firm in a promising position to raise its fifth fund. The firm has logged four exits since mid-December, returning more than $800 million to investors, according to a source close to the firm. The firm’s fourth and […]

KRG Capital Partners Sells Tronair

Denver-based buyout firm KRG Capital Partners has sold Tronair Holdings. Tronair is a manufacturer of ground support equipment for business, commercial and military aircraft. KRG acquired Tronair in February of 2008 and the sale represents KRG’s second full exit from its $1.96 billion Fund IV. PRESS RELEASE KRG Capital Partners (KRG), a Denver-based buyout firm, […]

Greenbriar Equity Group Acquires PetroChoice

Greenbriar Equity Group has acquired PetroChoice, a distributor of petroleum lubricant solutions. Greenbriar acquired the company from KRG Capital Partners. Terms of the transaction were not disclosed. PRESS RELEASE Greenbriar Equity Group LLC today announced the acquisition of PetroChoice, a leading, value-added distributor of petroleum lubricant solutions. Greenbriar acquired the Company from KRG Capital Partners. […]

KRG Capital Partners Exits Avizent

Denver-based private equity firm KRG Capital Partners has completed its sale of Avizent to York Risk Services Organization Inc. The deal closed on December 15, and is KRG’s third exit from its third fund. York Risk Services Organization is a portfolio company of ABRY Partners. Terms of the all-cash deal were not released.

Fresenius Medical Care Spends $2.1B On Dialysis

Fresenius Medical Care is spending a combined $2.09 million to acquire private equity-backed Liberty Dialysis Holdings, and the smaller American Access Care Holdings, Reuters reported. Germany-based Fresenius will pay $1.7 billion for Liberty Dialysis, which is currently controlled by buyout firms KRG Capital Partners and Bain Capital. The deal includes about $1 billion in assumed debt. American Access Care Holdings, which operates 28 vascular access centers for preparing patients for dialysis, sold for $385 million, Reuters wrote.

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