KPS Capital Partners Acquires Controlling Interest in Jennmar

KPS Capital Partners, LP has announced its definitive agreement to acquire a controlling interest in Jennmar, a leading global provider of safety-critical products. The financial details remain undisclosed, and the transaction is expected to conclude in the second quarter of 2026, pending customary approvals.

Jennmar, founded in 1922 and headquartered in Pittsburgh, Pennsylvania, employs approximately 4,000 people across 59 global manufacturing facilities. It is renowned for delivering essential services to industries like mining, civil infrastructure, solar, and construction. The company's commitment to safety and efficiency has established it as a trusted partner worldwide.

Kyle Mumford from KPS emphasized Jennmar's proven track record and pledged support with strategic resources to foster growth. Tony Calandra, Jennmar's CEO, expressed optimism about KPS's partnership, highlighting shared visions of future growth and value creation.