Articles from Kingswood Capital Management, LP

Kingswood Capital Management, LP (together with its affiliates, “Kingswood”) is pleased to announce that Bonaccord Capital Partners (“Bonaccord”) has made a passive minority investment into the firm.

Kingswood Capital Management, LP (together with its affiliates, “Kingswood”) is pleased to announce it has signed a definitive agreement to acquire Drive DeVilbiss Healthcare (“Drive” or the “Company”) from CD&R. Drive’s existing management team will continue to lead the Company, ensuring continuity in customer relationships and strategic execution. Kingswood will leverage its extensive network, industry expertise, and capital base to support Drive’s continued growth. The transaction is expected to close later this year, subject to customary legal and regulatory requirements.

Kingswood Capital Management, LP (together with its affiliates, “Kingswood”) and Performance Investment Partners, LLC (“PIP”) are pleased to announce they have completed their acquisition of The Vitamin Shoppe (“The Vitamin Shoppe” or the “Company”), a leading pure-play omnichannel retailer of vitamins and nutritional supplements, from Franchise Group, Inc. (“FRG”). As part of the transaction, Sharon Leite, who previously served as Chief Executive Officer (“CEO”) of The Vitamin Shoppe from 2018 to 2023, has returned to lead the Company as its CEO. The rest of the executive leadership team remains in place.

One X - A Completions Partner (“One X”), a Kingswood Capital Management, LP (“Kingswood”) portfolio company, announced today that it has acquired United Energy Partners (“UEP”), the leading provider of pressure control services and equipment rental solutions for energy operators. Through this strategic acquisition, One X has become one of the largest independent operators of serviceless (greaseless) pressure control valves in the United States, with operations across the Permian Basin, DJ Basin, Eagle Ford Shale, Bakken Shale, and Haynesville Shale.

Kingswood Capital Management, LP (together with its affiliates, “Kingswood”) and Performance Investment Partners, LLC (“PIP”) announced today that they have entered into a definitive agreement under which an affiliate will acquire The Vitamin Shoppe (“The Vitamin Shoppe” or the “Company”), a leading pure-play omnichannel retailer of vitamins and nutritional supplements, from Franchise Group, Inc. (“FRG”). The transaction, which is expected to close later in the second quarter of this year, is subject to customary closing conditions and regulatory approvals.

Kingswood Capital Management, LP, a Los Angeles-based private equity firm focused on investments in and buyouts of middle-market companies across North America, is pleased to announce the hiring of Merche del Valle as Chief Talent Officer. Del Valle will lead recruiting and human resources strategy across Kingswood and the firm’s portfolio companies, expanding its capacity to attract and develop top-tier talent and to support the success of each business in our portfolio.

Kingswood Capital Management, LP (together with its affiliates, “Kingswood”) announced today that it has completed a strategic investment in Infotree Global Solutions (“Infotree” or the “Company”), a leading provider of international workforce management solutions. Kingswood is making the investment alongside Infotree’s co-founders, Raman Sawhney and John McKimmy, who will remain significant shareholders in the Company post-closing.

Kingswood Capital Management, LP (together with its affiliates, “Kingswood”) announced today that it has acquired Identity Theft Guard Solutions, Inc. (“IDX” or the “Company”) from ZeroFox. IDX is a leading cybersecurity breach response platform, providing end-to-end notification, remediation, and digital protection for customers and employees affected by cyber breaches. As part of the transaction, Kingswood has partnered with the Company’s existing management team.

Kingswood Capital Management, LP (together with its affiliates, “Kingswood”) announced today that it has acquired Branding Iron Holdings (“Branding Iron” or “the Company”), an industry-leading provider of branded and private label protein products, including beef and pork, with a core focus on frozen and refrigerated ground meats. This represents the latest investment for Kingswood in the food and beverage industry.

Kingswood Capital Management, LP (together with its affiliates, “Kingswood”) announced today that it has acquired Kichler Lighting, LLC (“Kichler”) from Masco Corporation (NYSE: MAS). Kingswood will merge Kichler with its portfolio company, Progress Lighting, LLC (“Progress”) to create one of North America’s leading residential lighting platforms featuring complementary, industry-recognized brands. The combined company will benefit from expanded distribution and service capabilities and a robust product catalog that is well positioned to serve customers across the homebuilder, trade, showroom, retail, and ecommerce sales channels. The company’s go-to-market strategy will feature both the Progress and Kichler brands, which were founded in 1906 and 1938 respectively.