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Announced

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Brookfield Business Partners completed the acquisition of DexKo Global from KPS Capital Partners for $3.4bn.

Synopsis

Brookfield Business Partners, the flagship listed business services and industrials company of Brookfield Asset Management, completed the acquisition of DexKo Global, a global supplier of highly engineered running gear technology, chassis assemblies and related components, from KPS Capital Partners, a private equity firm, for $3.4bn. "We are pleased to grow our industrials operations with the acquisition of DexKo, a market leader known for quality and reliability. DexKo’s world-class management team has delivered consistently strong performance and we are excited to partner with them to further build on an established track record of value creation," Mark Weinberg, Brookfield Business Partners Managing Partner.

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