KPS Capital Partners LP

About

KPS, through its affiliated management entities, is the manager of the KPS Special Situations Funds, a family of investment funds with over $11.7 billion of assets under management (as of December 31, 2019).  For over two decades, the partners of KPS have worked exclusively to realize significant capital appreciation by making controlling equity investments in manufacturing and industrial companies across a diverse array of industries, including basic materials, branded consumer, healthcare and luxury products, automotive parts, capital equipment and general manufacturing.  KPS creates value for its investors by working constructively with talented management teams to make businesses better and generates investment returns by structurally improving the strategic position, competitiveness and profitability of its portfolio companies, rather than primarily relying on financial leverage. The KPS Funds’ portfolio companies have aggregate annual revenues of approximately $8.4 billion, operate 143 manufacturing facilities in 26 countries, and have approximately 28,000 employees, directly and through joint ventures worldwide.

Editor's note: Updated May 6, 2020.

Headquarters Address

485 Lexington Avenue, 31st Floor
New York, NY 10017
United States

News

The divestiture of the rod-lift unit to Lufkin Industries follows several other asset sales made so far this year by Schlumberger as…

Baker Hughes agreed to sell the 118-year-old Lufin rod lift business it acquired through its merger with GE Oil & Gas.

Transactions

Report Date Amount (MM) Description
2020-11-02

Newly Independent Lufkin Industries Acquires Schlumberger’s Rod-lift Business

Newly Independent Lufkin Industries Acquires Schlumberger’s Rod-lift Business

Report Date Amount (MM) Description
2020-06-30

Baker Hughes to Sell Lufkin Rod Lift Solutions to KPS Capital Partners

Baker Hughes to Sell Lufkin Rod Lift Solutions to KPS Capital Partners