Investcorp completed the acquisition of Kanawha Scales & Systems from American Equipment Holdings and Rotunda Capital Partners.

Investcorp, a global investment management firm focuses on alternative investments, completed the acquisition of Kanawha Scales & Systems, a company that provides industrial and commercial weighing, measurement, control, and automation solutions, from American Equipment Holdings, provider of material‑handling and industrial lifting solutions, and Rotunda Capital Partners, a private equity firm invests in long-term debt and equity capital in lower middle market companies in various industries. Financial terms were not disclosed. “KSS operates in the large, growing, and highly fragmented US weighing calibration market, which is driven by regulatory requirements and demands support from highly trained technicians ‒ an area where we bring deep expertise. KSS has built an industry-leading reputation by exceeding the expectations of its customers and its vendors while providing a compelling value proposition to its employees. We believe Investcorp’s deep experience supporting technician-centric, branch-based companies like KSS, as well as implementing employee ownership programs, will enable us to immediately add value and help accelerate the company’s growth,” Amit Gaind, Investcorp Senior Managing Director.