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Business Acquisition

KPS Capital Partners Acquires Jennmar Controlling Interest

Analysis based on 9 articles · First reported Mar 11, 2026 · Last updated Mar 12, 2026

Sentiment
40
Attention
2
Articles
9
Market Impact
Direct
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The acquisition of Jennmar by KPS Capital Partners is expected to positively impact the industrial and manufacturing sectors by strengthening Jennmar's market position and fostering growth. This deal demonstrates continued private equity interest in companies providing safety-critical products and services.

Mining Construction Private Equity

KPS Capital Partners, LP has signed a definitive agreement to acquire a controlling interest in Jennmar, a global provider of safety-critical products and services for the mining, civil infrastructure, solar, and construction industries. The financial terms of the transaction were not disclosed, and the deal is expected to close in the second quarter of 2026. Existing owners, including CEO Tony Calandra and FalconPoint Partners, will retain meaningful minority stakes in Jennmar. KPS Capital Partners aims to support Jennmar's growth through its manufacturing expertise and capital resources, enabling organic expansion and strategic acquisitions. This move is anticipated to enhance Jennmar's product offerings and service capabilities globally.

100 KPS Capital Partners signed definitive agreement to acquire controlling interest Jennmar
70 FalconPoint Partners retained meaningful minority shareholder interest Jennmar
70 Tony Calandra retained meaningful minority shareholder interest Jennmar
20 Jefferies served as financial advisor KPS Capital Partners
20 Evercore served as financial advisor Jennmar
20 Rothschild & Co served as financial advisor Jennmar
priv
Jennmar, a global provider of safety-critical products, is being acquired by KPS Capital Partners. This partnership will provide Jennmar with KPS's manufacturing expertise and capital resources to accelerate its growth, both organically and through acquisitions, and expand its market reach.
Importance 100 Sentiment 60
priv
KPS Capital Partners is acquiring a controlling interest in Jennmar, expanding its portfolio in manufacturing and industrial companies. This acquisition is expected to contribute to KPS's investment strategy of improving the strategic position and profitability of its portfolio companies.
Importance 90 Sentiment 50
per
Tony Calandra, CEO of Jennmar and an existing owner, will continue as a meaningful minority shareholder. He expressed pride in Jennmar's accomplishments and believes KPS Capital Partners is the right partner to support and accelerate the company's growth.
Importance 70 Sentiment 30
priv
FalconPoint Partners, an existing owner of Jennmar, will retain a meaningful minority stake after KPS Capital Partners' acquisition. This indicates their continued confidence in Jennmar's future growth and value creation potential.
Importance 60 Sentiment 20
per
Kyle Mumford, a Partner at KPS Capital Partners, expressed enthusiasm for supporting Jennmar's leadership team. He highlighted Jennmar's market leadership and KPS's commitment to fostering its growth through strategic support and capital.
Importance 50 Sentiment 30
stock
Jefferies served as financial advisor to KPS Capital Partners in the acquisition of Jennmar.
Importance 20 Sentiment 10
stock
Evercore served as financial advisor to Jennmar and FalconPoint Partners in the acquisition.
Importance 20 Sentiment 10
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