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Announced

KPS Capital Partners to acquire Catalyst Acoustics Group from The Stephens Group.

Synopsis

KPS Capital Partners, an American investment company, agreed to acquire Catalyst Acoustics Group, a noise control solutions provider, from The Stephens Group, a private investment firm. Financial terms were not disclosed. "KPS, with its demonstrated track record of manufacturing excellence is the ideal next owner of Catalyst as it enters this next phase of growth. We look forward to working closely together with KPS and our talented team to expand our technical leadership in acoustics technology and continue delivering new and exciting high-quality products and solutions that deliver significant value for our customers," Joe Lupone, Catalyst Acoustics CEO.

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