KPS Capital Partners to acquire Wells.

KPS Capital Partners, a New York-based private equity firm, agreed to acquire Wells, a provider of prefabricated building solutions, specializing in above-grade structural and architectural precast concrete. Financial terms were not disclosed. "KPS, with its demonstrated track record of manufacturing excellence and significant building products experience, is the ideal partner for Wells as we enter this next phase of growth. We look forward to working closely with KPS and our talented team to expand our industry leadership and to continue delivering high-quality products that provide significant value for our customers," Dan Juntunen, Wells CEO.