Announcements

Cleveland, OH – January 16, 2008 – Key Principal Partners® (“KPP”), a $1 billion private equity and mezzanine firm which makes both non-control and control investments in growing middle-market companies, announced a $15 million subordinated debt with warrants investment in QPM Aerospace, Inc. (“QPM”) to support the company’s growth strategy, facilitate a dividend recapitalization and…

Cleveland, OH – January 9, 2008 – Key Principal Partners® (“KPP”), a $1 billion private equity and mezzanine firm which makes investments in growing middle-market companies, announced today an investment of $8 million in Gourmet Boutique LLC to facilitate its continuing growth. Headquartered in Jamaica, New York, Gourmet Boutique is a USDA-approved manufacturer of high…

Cleveland, OH – October 30, 2007 – Key Principal Partners (KPP), a $1 billion private equity and mezzanine firm, announced today an investment of $40 million in subordinated debt in Western Express to facilitate its acquisition of Smithway Motor Xpress. “We’re very pleased to assist Western Express in its acquisition of Smithway,” said Leland Lewis,…

Cleveland, OH – October 17, 2007 – Key Principal Partners (KPP), a $1 billion private equity firm, today announced that it has sold its investment in Big Rock Sports, LLC, to members of the Company’s management team and Bison Capital Asset Management, LLC. KPP invested $13.1 million in subordinated debt and common stock to facilitate…

San Francisco, CA – August 27, 2007 – Key Principal Partners (KPP), a $1 billion private equity firm, announced today that the firm has hired Nick Stone as Director, in charge of West Coast business development. He will be based in the San Francisco, California office of KPP. “We’re very pleased to announce that Nick…

CLEVELAND, OH – July 30, 2007 – Key Principal Partners (KPP), a $1 billion private equity firm, today announced that the firm has successfully exited its investment in Jonathan Engineered Solutions (JES). In 2004, KPP provided $14 million of senior subordinated debt with warrants and $2.5 million in common equity to support Industrial Growth Partners’…

CLEVELAND, OH – July 2, 2007 – Key Principal Partners (KPP), a $1 billion private equity and mezzanine firm, today announced the promotion of Daniel Kessler to Vice President. Mr. Kessler is based in Cleveland, OH and has been with the firm since 2001. “Dan has been an exceptional asset to our team for the…

Investment Made to Facilitate Operations in China CLEVELAND, OH – June 11, 2007 – Key Principal Partners (KPP), a $1 billion private equity firm, today announced a $5.0 million investment in Anomatic Corporation to support the refinancing of senior debt and complete its manufacturing facility in China. The facility is planned to be fully operational…

CLEVELAND, OH – February 22, 2007 – Key Principal Partners (KPP), a $1 billion private equity and mezzanine firm, announced today an investment of $36 million in subordinated debt and preferred equity in Kellermeyer Building Services. The transaction was made to facilitate the management buyout of the company. As part of the transaction, Kellermeyer’s existing…

CLEVELAND, OH – February 21, 2007 – Key Principal Partners (KPP), a $1 billion private equity firm, announced today that it has acquired majority ownership of MC Assembly, a leading provider of electronic manufacturing services. KPP has been an investor in MC Assembly since 2003. “We’re pleased that our involvement with MC Assembly will help…