After initially investing in Guardian Industries in 2012 through a 44 percent minority interest investment, Koch acquired the remaining interest of Guardian in 2017. Guardian, a leading manufacturer of float glass and fabricated glass products along with other diversified businesses, brings new capabilities and expertise to Koch in several highly technical manufacturing and distribution industries.
KED invested in Infor through a combination of minority common equity and structured preferred equity. Infor’s existing shareholders, Golden Gate Capital, Summit Partners and Infor management, will maintain control of the company. Infor is a leading cloud-based enterprise resource planning (ERP) software provider, with 15,000 employees and over 90,000 customers.
Phillips-Medisize was acquired by Molex in October 2016 from Golden Gate Capital. Based in Hudson, Wisconsin, Phillips-Medisize is a global leader in outsource design, development and manufacturing, focused on medical solutions that include drug delivery, mobile and portable medical devices, and primary pharmaceutical packaging and diagnostics products.
KED led a $230 million structured equity investment in Siris Capital backed Transaction Network Services, a leading network services company in the payment services, financial services, and telecom industries. Eaglehill Advisors LLC, and MSD Capital, L.P.passively co-invested alongside KED in the transaction.
KED provided $800 million via two classes of preferred equity and a minority common equity investment as well as a unique bridge facility to help Vista Equity Partners take Solera Holdings Inc. private in a deal valued at $6.5 billion. Solera is a leading supplier of risk and asset management software and its software solutions and extensive databases connect the primary participants (insurance companies, repair shops, assessors, dealers, recyclers, consumers, etc.) in the complex automotive collision and repair ecosystem.
KED provided $750 million of preferred equity financing to help Protection One, a portfolio company of Apollo Global Management, take ADT Corporation private in a merger valued at more than $15 billion.
Partnering with BDT Capital Partners LLC and Penske Corporation, KED was able to purchase Truck-Lite, a leading global manufacturer and distributor of visibility systems to the heavy-duty truck, trailer and commercial vehicle industries. The transaction aligned KED with Truck-Lite’s strong management team and proven track record of producing results.
KED and the Goldman Sachs Merchant Banking Division, acquired the Flint Group, a leading global supplier of inks and non-ink print consumables, image transfer products, and chemicals to the packaging and print media industries. Post acquisition, Flint has completed a series of acquisitions totaling approximately $500 million to grow its portfolio of digital and packaging printing inks and equipment.
In 2014, Oplink was acquired in a $445 million strategic take-private transaction and merged the company into Molex. Oplink is a leading provider of optical communications components, intelligent modules and subsystems.
Flint Hills Resources acquired PetroLogistics, an on-purpose propylene producer, in 2014. This $2.1 billion take-private transaction provided Flint Hills Resources with the raw material needed for polypropylene production.
KED helped the Weiss family regain private control of American Greetings Corporation, a leading manufacturer of physical and digital social expressions, with a $240 million structured equity investment.