PR99162

NEW YORK, Dec. 12, 2022 /PRNewswire=KYODO JBN/ --

-- RAHUL SEVANI ELEVATED TO PARTNER

KPS Capital Partners, LP ("KPS") announced today that Rahul Sevani has been

promoted to Partner.

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KPS Co-Founders and Managing Partners Michael Psaros and David Shapiro,

together with Managing Partner Raquel Vargas Palmer, said in a joint statement,

"We congratulate Rahul on this milestone achievement.  Rahul's contributions to

KPS over the past decade are truly extraordinary.  Rahul is a leader and an

exemplar of KPS' values and culture.  We look forward to working with our new

Partner to continue to create value for our investors by seeing value where

others do not, buying right and making businesses better.  We are proud of the

complete continuity of our partnership and senior leadership team since the

creation of our firm over 25 years ago, as well as our remarkable growth

globally."  

About KPS Capital Partners, LP

KPS, through its affiliated management entities, is the manager of the KPS

Special Situations Funds, a family of investment funds with approximately $14.1

billion of assets under management (as of September 30, 2022).  For over three

decades, the Partners of KPS have worked exclusively to realize significant

capital appreciation by making controlling equity investments in manufacturing

and industrial companies across a diverse array of industries, including basic

materials, branded consumer, healthcare and luxury products, automotive parts,

capital equipment and general manufacturing.  KPS creates value for its

investors by working constructively with talented management teams to make

businesses better and generates investment returns by structurally improving

the strategic position, competitiveness and profitability of its portfolio

companies, rather than primarily relying on financial leverage.  The KPS Funds'

portfolio companies currently generate aggregate annual revenues of

approximately $22.0 billion, operate 232 manufacturing facilities in 27

countries, and have approximately 53,000 employees, directly and through joint

ventures worldwide. The KPS investment strategy and portfolio companies are

described in detail at www.kpsfund.com .

SOURCE  KPS Partners, LP

Business Inquiries:  KPS +1 212 338 5100; Media Relations: Jennifer Prosek or

Trevor Gibbons, +1 646.818.9238 or pro-KPS@prosek.com