KPS CAPITAL PARTNERS TO ACQUIRE A CONTROLLING INTEREST IN JENNMAR

KPS Logo (PRNewsfoto/KPS Capital Partners, LP)

Global Leader in Safety-Critical Ground Support Products

NEW YORK, March 11, 2026 /PRNewswire/ -- KPS Capital Partners, LP ("KPS") announced today that, through a newly formed affiliate, it has signed a definitive agreement to acquire a controlling interest in Jennmar and its affiliates ("Jennmar" or the "Company").  Financial terms of the transaction were not disclosed.  Completion of the transaction is expected in the second quarter of 2026 and is subject to customary closing conditions and approvals.

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