Tinicum Acquires KGM in Partnership with Management
Tinicum, L.P. and affiliated funds managed by Tinicum Incorporated (“Tinicum”) announced today that it has acquired a controlling interest in KGM from Compass Group Equity Partners (“Compass Group”).
- Tinicum, L.P. and affiliated funds managed by Tinicum Incorporated (“Tinicum”) announced today that it has acquired a controlling interest in KGM from Compass Group Equity Partners (“Compass Group”).
- Headquartered in Tulsa, Oklahoma, KGM is a leading value-added distributor of natural gas products to utilities and commercial & industrial customers.
- Tinicum’s family heritage and focus on long-term business building are an excellent fit for our company and industry,” said Tim Wood, CEO of KGM.
- “Over the years, our partnership with KGM yielded numerous friendships and we look forward to seeing our friends have continued success with a great partner in Tinicum.”
Goodwin Procter represented Tinicum and BMO and Citizens Bank led the financing for the transaction.