Announcements

Beijing, PRC– October 1, 2010 – Key Principal Partners Corp. (“KPP”), a $1 billion private investment firm, has announced the sale of its interests in ASIMCO Technologies Limited (ASIMCO). ASIMCO is the largest independent producer of diesel engine components in China with market leading positions in piston rings, fuel systems, blocks and heads, air brake…

Ottawa, IL– September 9, 2010 – Key Principal Partners Corp. (“KPP”), a $1 billion private investment firm, has announced the sale of its shares in Clover Technologies Group, Inc. (Clover). Clover is the global leader in the recycling and remanufacturing of laser toner and inkjet cartridges. The company sells its products under its own brand…

Feversham, Ontario – July 20, 2010 – Key Principal Partners Corp. (“KPP”), a $1 billion private investment firm, announced today an investment of $15.0 million in Ice River Springs Water Co. to support a capital expenditure program and facility expansion that will allow the Company to produce recycled PET resin (“rPET”). The rPET pellets will…

Des Plaines, IL – June, 2010 – Key Principal Partners Corp. (“KPP”), a $1 billion private investment firm, announced the realization of its junior capital investment in Cloud Packaging Solutions, LLC (Cloud) as a result of the sale of Cloud’s food and beverage packaging divisions to Ryt-Way Industries. Cloud (www.cloudps.com) is a leading niche contract…

Nashville, TN – April 16, 2010 – Key Principal Partners Corp. (“KPP”), a $1 billion private investment firm, announced the realization of its investment in Western Express, Inc. (Western) through a company-sponsored 144A high-yield debt raise. The Company used the $285 million in proceeds from the transaction to refinance both its senior and subordinated debt…

Cleveland, OH – March 30, 2010– Key Principal Partners Corp. (KPP), a $1 billion private investment firm, announced today that it has promoted Patrick Rond to Vice President. “Pat’s continued hard work has contributed to KPP’s position as one of the most successful investors of junior capital in the middle market,” said John Sinnenberg, Chairman…

Greenbelt, MD – March 9, 2010 – Key Principal Partners Corp. (“KPP”), a $1 billion private investment firm, announced today its exit from OAO Technology Solutions, Inc. (OAOT). OAOT provides managed IT solutions, including application management, IT infrastructure support and professional staffing to global outsourcers and major corporations in North America and Europe. KPP’s original…

Norwood, MA – February 2, 2010 – Key Principal Partners Corp. (“KPP”), a $1 billion private investment firm, announced today an investment of $22.0 million in Home Market Foods, Inc. to refinance existing indebtedness and facilitate its continued growth. Headquartered in Norwood, Massachusetts, Home Market Foods is a specialty manufacturer of fully–cooked and frozen entrees,…

Cleveland, OH – March 11, 2009– Key Principal Partners Corp. (KPP), a $1 billion private equity and mezzanine firm that makes both non-control and control investments in growing middle-market companies, announced the promotions of Dan Kessler and Beth Laschinger to Principal, and Jon Leffers and Mike Mayon to Associate. Mr. Kessler and Ms. Laschinger are…

Cleveland, OH – January 12, 2009 – Key Principal Partners Corp. (KPP), a $1 billion private equity and mezzanine firm that makes both non-control and control investments in growing middle-market companies, announced a $10.7 million investment in Trantech Radiator Products, Inc. (Trantech). KPP’s investment was in the form of subordinated debt and preferred stock. The…