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…
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Officials look to boost manufacturing jobs
PALM BAY — George Moore strolled through the expansive production room at MC Assembly late last month. The 55-year-old Moore, who joined the contract manufacturer in 2005 and became its chief executive officer two years later, didn’t necessarily look like a trendsetter in his khaki slacks and blue dress shirt. But many in Brevard County’s…
Cyprium Partners Corp. Announces A $22 Million Investment in Home Market Foods, INC.
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,…
MC Assembly Achieves Quality Certification
Palm Bay, Florida – April 9, 2009 MC Assembly, a leading mid–tier EMS provider, announced today that it has achieved ISO 13485:2003 quality certification for its Florida and central Mexico manufacturing facilities. This certification represents a significant milestone for MC Assembly and demonstrates the company’s high level of commitment to quality and service for the…
Cyprium Partners Announces Four Promotions
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…
Joanne Ryan Named CEO of Alpha Sintered Metals
Ridgway, PA – February 11, 2009 – Alpha Sintered Metals, Inc. (ASM), a manufacturer of highly engineered powdered metal products for the lawn and garden, small engine and industrial sectors, announced today the appointment of JoAnne Ryan as President and Chief Executive Officer. Ryan will replace interim CEO Matthew Brennan, an Operating Principal at Key…
Dealmakers’ Delight
Competitively priced companies for sale expand local private equity firms’ investment options By Arielle Kass January 26, 2009 For most private equity firms in the area, 2008 was nothing to brag about. But the leaders of a number of them are banking on a better 2009. “Nobody wants to forecast this level of economic activity…
Cyprium Partners Corp. Announces A $10.7 Million Investment in Trantech Radiator Products, INC.
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…
Buyout Pros Prepare For Difficult 2009
By Michael Baron If 2007 was the peak, and 2008 the reckoning, 2009 could very well shape up as the retrenchment. With leverage scarce and deal flow sputtering, buyout pros are preparing for a year of tending to portfolio companies, sifting through distressed opportunities, and watching the headlines for signs of stabilization in the economy.…