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Announced

Completed

Kinperium Industries completed the acquisition of K-Tec Earthmovers from Owner Resource Group.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

earthmoving equipment

Private Equity

Canada

Machinery: Industrial

Completed

Private

Domestic

Friendly

Single Bidder

Acquisition

Synopsis

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Kinperium Industries, a family office that invests in long term sustainable businesses and industries, completed the acquisition of K-Tec Earthmovers, a earthmoving equipment manufacturer, from Owner Resource Group, a Texas-based private investment firm. Financial terms were not disclosed. "We are extremely proud of the K-Tec management team and their accomplishments during our partnership with them. They established a new world-class manufacturing facility outside of Winnipeg, successfully acquired Ashland Industries and expanded internationally. They have executed tremendously, growing from a smaller regional company to a global leader in their industry," Jonathan Gormin, ORG Managing Director.

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