Announcements

GREENWICH, CT – January 22, 2007 – Key Principal Partners (KPP), a $1 billion private equity firm, announced today the appointment of Philip Curatilo as Principal, responsible for East Coast business development. He will be based in Richmond, Virginia and affiliated with the Greenwich, CT office of KPP. “We’re very pleased to announce that Phil…

CLEVELAND, OH – January 12, 2007 – Key Principal Partners (KPP), a $1 billion private mezzanine and equity firm, announced today a subordinated debt and equity investment of $12 million related to the acquisition of Imperial Bag & Paper Co. LLC (Imperial) by Robert I. Tillis and management. Imperial, based in Bayonne, NJ, is a…

Plastics News By Matt Griswold August 21, 2006 Key Principal Partners LLC bought a controlling interest in Laval, Quebec-based vinyl profile extruder Plastival Inc., the private equity firm announced Aug. 15. Terms were not disclosed. Plastival is a $37 million manufacturer of vinyl fence and railing products. The company has extrusion facilities in Laval and…

The Deal By Kelly Holman July 7, 2006 Key Principal Partners, the Cleveland private equity affiliate of financial services company KeyCorp, has sold Ampac Packaging LLC in a secondary buyout to an investor group led by Chicago-based Prudential Capital Group and Boston-based Falcon Investment Advisors. Ampac’s management team will retain a minority stake of the…

Private equity fund to focus on mezzanine and equity investments Cleveland, OH – Key Principal Partners (KPP), a Cleveland-based private equity firm, today announced the first close of KPP Investors III. The $435 million raised will be used to make value-oriented, non-controlling mezzanine and control equity investments in lower middle market companies. A second closing…

Cleveland, OH – Key Principal Partners (KPP), a $1 billion private equity firm, announced today an investment of $5.1 million in senior subordinated debt, preferred equity and common equity in Xaloy Holdings, Inc. The investment was made to facilitate Xaloy’s acquisition of the Extrusion and Polymer Division (Extrusion) of Dynisco, LLC. Baird Capital Partners (BCP),…

Add-on Acquisition Strengthens KPP Portfolio Company Cleveland, OH – Key Principal Partners (KPP), a $1 billion private equity firm, announced today that its portfolio company, Honsador Holdings, LLC, has acquired Aloha Lumber Corporation. Senior debt financing was provided by a group led by First Hawaiian Bank. The acquisition allowed Aloha Lumber’s ownership team to move…

Cleveland, OH – Key Principal Partners (KPP), a $1 billion private equity firm, announced today an investment of $7.5 million in subordinated debt in CG Electrodes LLC (C/G). The transaction, made to refinance existing debt and recapitalize the company through the repurchase of stock from minority shareholders, will increase the holdings of NMCG Holdings, the…

Cleveland, OH – Key Principal Partners (KPP), a $1 billion private equity firm, announced today an investment of $6.5 million in senior subordinated debt and preferred equity in Anomatic Corporation, Inc. The investment was made to facilitate Anomatic’s recapitalization by Brookstone Partners LLC, a New York-based private equity firm. The company’s current management team will…

Tuesday, July 13, 2004 © 2004 Dow Jones & Company, Inc. All Rights Reserved. Mobile, Ala.- Private equity firm Key Principal Partners, or KPP, has invested $15 million in debt to support the management buyout of publicly traded Christian book and music publisher Integrity Media Inc. Integrity Media’s co-founder and Chief Executive Michael Coleman struck…