KPS

EQS-News: Publication of the 2022/2023 consolidated financial statements and the results for the first quarter of 2023/2024

Retrieved on: 
Wednesday, March 13, 2024

Group revenue in the 2022/2023 financial year at € 177.8 million (previous year: € 180.0 million).

Key Points: 
  • Group revenue in the 2022/2023 financial year at € 177.8 million (previous year: € 180.0 million).
  • The effects of the insolvency can now be quantified and allocated to the financial years 2022/2023 and 2023/2024.
  • The past 2022/2023 financial year was subsequently impacted by the insolvency in the amount of € 3.5 million.
  • In the 2022/2023 financial year, KPS generated revenues amounting to € 177.8 million (previous year: € 180.0 million).

EQS-News: KPS AG successfully carries out cash capital increase

Retrieved on: 
Wednesday, March 13, 2024

Unterfoehring/Munich, 12 March 2024 – KPS AG (WKN: A1A6V4 / ISIN: DE000A1A6V48), Europe's leading consultancy for digital transformation and process optimisation in retail, has successfully completed the cash capital increase resolved on 7 March 2024.

Key Points: 
  • Unterfoehring/Munich, 12 March 2024 – KPS AG (WKN: A1A6V4 / ISIN: DE000A1A6V48), Europe's leading consultancy for digital transformation and process optimisation in retail, has successfully completed the cash capital increase resolved on 7 March 2024.
  • The capital increase was oversubscribed.
  • A total of 3,741,200 new no-par value registered shares were placed with selected investors as part of a private placement.
  • The gross issue proceeds from the capital increase thus amount to EUR 4,302,380.00.

Edgio Partners with KPS to Support Online Retailers with Their Transition to Composable Web Architecture

Retrieved on: 
Wednesday, February 7, 2024

KPS is known for implementing best-of-breed, agile technology that increases website conversion, customer loyalty, and revenue per client.

Key Points: 
  • KPS is known for implementing best-of-breed, agile technology that increases website conversion, customer loyalty, and revenue per client.
  • View the full release here: https://www.businesswire.com/news/home/20240207602775/en/
    To meet increasingly demanding consumer expectations, KPS’s enterprise retail clients require the flexibility, scalability, agility, speed-to-market and cost efficiency that a composable web architecture provides.
  • After reviewing the market for a technology partner to support them, KPS chose Edgio to help accelerate that composability evolution for their clients.
  • It provides our clients access to best-of-breed security and online experience capabilities,” said Tim Hillman, CTO (UK) at KPS.

KPS CAPITAL PARTNERS RAISES $9.7 BILLION

Retrieved on: 
Wednesday, November 1, 2023

NEW YORK, Nov. 1, 2023 /PRNewswire/ -- KPS Capital Partners, LP ("KPS") announced today final closings of KPS Special Situations Fund VI ("Fund VI") and KPS Special Situations Mid-Cap Fund II ("Mid-Cap Fund II") were simultaneously held on October 25, 2023. Fund VI and Mid-Cap Fund II, with $9.7 billion in aggregate capital commitments, will continue KPS' over 25-year focus on making control investments in highly complex corporate carve-outs, turnarounds, restructurings and other special situations.

Key Points: 
  • NEW YORK, Nov. 1, 2023 /PRNewswire/ -- KPS Capital Partners, LP ("KPS") announced today final closings of KPS Special Situations Fund VI ("Fund VI") and KPS Special Situations Mid-Cap Fund II ("Mid-Cap Fund II") were simultaneously held on October 25, 2023.
  • Fund VI and Mid-Cap Fund II, with $9.7 billion in aggregate capital commitments, will continue KPS' over 25-year focus on making control investments in highly complex corporate carve-outs, turnarounds, restructurings and other special situations.
  • Fund VI and Mid-Cap Fund II were oversubscribed with aggregate capital commitments over 36% greater than their predecessor funds with $7.1 billion in aggregate capital commitments.
  • Raquel Palmer, Co-Managing Partner and Chair of KPS' Investment Committee, added, "We have $13.6 billion of equity capital to invest across our KPS platform today.

Upbeat and Kalamazoo Public Schools Unveil New Case Study on Successful Teacher Retention Strategies

Retrieved on: 
Monday, October 16, 2023

KALAMAZOO, Mich., Oct. 16, 2023 /PRNewswire-PRWeb/ -- In collaboration with Upbeat, an innovative teacher retention organization led by former educators and school administrators, a recent case study authored by Dr. Nicole S. Simon, Jaclyn L. Corin, and Katelyn A. Chizek has been released. This study delves into the inventive strategies implemented by Kalamazoo Public Schools to bolster teacher retention and cultivate a positive and supportive professional environment.

Key Points: 
  • New case study authored by Dr. Nicole S. Simon, Jaclyn L. Corin, and Katelyn A. Chizek explores innovative strategies employed by Kalamazoo Public Schools to enhance teacher retention and cultivate a supportive professional environment.
  • This study delves into the inventive strategies implemented by Kalamazoo Public Schools to bolster teacher retention and cultivate a positive and supportive professional environment.
  • - Sheila Dorsey-Smith, Kalamazoo Public Schools, Assistant Superintendent of Human Resources
    Recognizing the crucial role that teachers play in student success, Kalamazoo has taken proactive steps to address teacher retention challenges.
  • The case study shows strong proof of the successful partnership between Upbeat and Kalamazoo Public Schools, showcasing how supporting and engaging teachers in a comprehensive way can significantly improve teacher stability and retention.

Barclays Appoints Two New Senior Hires Into Its Financial Sponsors Group

Retrieved on: 
Thursday, September 14, 2023

Barclays today announces the appointment of Christian Oberle as Head of Americas Financial Sponsors Group.

Key Points: 
  • Barclays today announces the appointment of Christian Oberle as Head of Americas Financial Sponsors Group.
  • Mr. Oberle will be based in New York and report to Jean-Francois Astier, Global Head of Financial Sponsors Group.
  • In addition, Barclays is also pleased to announce the appointment of Tom Vignon as a Managing Director and senior member of its Financial Sponsors Group in EMEA.
  • “We are delighted to welcome Christian and Tom to Barclays and to our Financial Sponsors practice, which has long been one of the key strengths of our Investment Banking franchise,” said JF Astier, Head of Financial Sponsors Group at Barclays.

Global Management Partners Acquires Koch Project Solutions

Retrieved on: 
Monday, August 14, 2023

GREER, S.C., Aug. 14, 2023 /PRNewswire-PRWeb/ -- Global Management Partners (GMP), based in Greer S.C., is pleased to announce the acquisition of Koch Project Solutions (KPS), a Koch Engineered Solutions (KES)-owned company based in Houston, Texas.

Key Points: 
  • S.C.-based Global Management Partners (GMP) announces the acquisition of Koch Project Solutions, a Koch Engineered Solutions (KES)-owned company based in Houston, Texas.
  • GMP is a growing comprehensive Project Management Contractor, and this move expands its EPC project management and project delivery services into the Gulf Coast region.
  • GREER, S.C., Aug. 14, 2023 /PRNewswire-PRWeb/ -- Global Management Partners (GMP), based in Greer S.C., is pleased to announce the acquisition of Koch Project Solutions (KPS), a Koch Engineered Solutions (KES)-owned company based in Houston, Texas.
  • GMP is a growing comprehensive Project Management Contractor and, with its new KPS acquisition, will expand its geographical reach into the Gulf Coast region while allowing the company to continue providing quality EPC project management and project delivery services its customers have come to expect.

EQS-News: KPS publishes results for the third quarter of the 2022/2023 financial year

Retrieved on: 
Thursday, July 27, 2023

Unterfoehring/Munich, 27 July 2023 – KPS AG (WKN: A1A6V4 / ISIN: DE000A1A6V48), Europe’s leading consultancy for digital transformation and process optimisation in retail, today publishes its results for the third quarter of the 2022/2023 financial year.

Key Points: 
  • Unterfoehring/Munich, 27 July 2023 – KPS AG (WKN: A1A6V4 / ISIN: DE000A1A6V48), Europe’s leading consultancy for digital transformation and process optimisation in retail, today publishes its results for the third quarter of the 2022/2023 financial year.
  • In the third quarter of the 2022/2023 financial year, KPS achieved revenues of € 42.2 million (previous year: € 44.9 million).
  • In the course of the development of the market and project situation, KPS has adjusted the number of employees.
  • Overall, due to the aforementioned reasons, EBITDA declined by 70.8 % to € 1.4 million in the third quarter of 2022/2023 (previous year: € 4.7 million).

Barclays Appoints Yuri Shakhmin as a Senior Investment Banker in Europe

Retrieved on: 
Friday, June 16, 2023

Barclays today announces the appointment of Yuri Shakhmin as a Managing Director in the Global Industrials Group in Investment Banking.

Key Points: 
  • Barclays today announces the appointment of Yuri Shakhmin as a Managing Director in the Global Industrials Group in Investment Banking.
  • This appointment reflects Barclays’ effort to continue its growth in the UK and Continental Europe, which is a key focus for Barclays’ Corporate and Investment Bank.
  • He will report to Richard Probert and Asim Mullick, Co-Heads of Industrials for Europe, Middle East and Africa (EMEA).
  • Shakhmin has a strong track record advising industrial clients, with extensive transaction experience and relationships across corporates and financial sponsors.

Braven Environmental Announces Agreement with Koch Project Solutions to Support Expansion Plans in Advanced Recycling

Retrieved on: 
Thursday, June 1, 2023

ZEBULON, N.C., June 1, 2023 /PRNewswire/ -- Braven Environmental (Braven), a pioneering technology provider in the advanced plastics recycling sector, announced the execution of a strategic framework agreement with Koch Project Solutions (KPS), a Koch Engineered Solutions company, to provide project management contracting services (PMC) for Braven's multiple project program of pyrolysis-derived advanced recycling products facilities.

Key Points: 
  • ZEBULON, N.C., June 1, 2023 /PRNewswire/ -- Braven Environmental (Braven), a pioneering technology provider in the advanced plastics recycling sector, announced the execution of a strategic framework agreement with Koch Project Solutions (KPS), a Koch Engineered Solutions company, to provide project management contracting services (PMC) for Braven's multiple project program of pyrolysis-derived advanced recycling products facilities.
  • Under this new agreement, KPS will bring its proven track record of enabling growth and development for industrial companies to support the continued expansion of Braven's advanced recycling solution.
  • Paul Switzer, president of Koch Project Solutions, added, "Koch Project Solutions is proud to support the Braven Environmental program of projects and looks forward to using the full breadth of our resources to deliver this pioneering advanced plastics recycling technology on time and to budget.
  • KPS is excited to help drive forward the advanced plastics recycling industry and the Braven Environmental partnership is a key step."