# Stanley Black & Decker to buy IES Attachments from KPS for $690M

KPS Capital Partners signed a definitive agreement to sell the attachments division of International Equipment Solutions (IES Attachments) to Stanley Black & Decker for $690 million. The division includes Paladin, Genesis and Pengo brands.

- Type: Acquisition
- Announced: 2018-08-07
- Where: United States
- Value: $690.0M
- Status: announced
- Products: attachment tools for off-highway applications
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [KPS Capital Partners](https://endata.com/companies/1184.md) (investor)
- [Genesis](https://endata.com/companies/11640.md) (target)
- [Stanley Black & Decker](https://endata.com/companies/17790.md) (acquirer)
- [International Equipment Solutions](https://endata.com/companies/33635.md) (target)
- [International Equipment Solutions Attachments Group](https://endata.com/companies/33770.md) (target)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/kps-capital-partners-to-sell-the-attachments-division-of-international-equipment-solutions-to-stanley-black--decker-300693059.html), 2018-08-07: "KPS Capital Partners, LP announced today that it has signed a definitive agreement, through an affiliate, to sell the attachments division of International Equipment Solutions, LLC to Stanley Black & Decker, Inc. for $690 million."
- [thefabricator.com](https://www.thefabricator.com/thefabricator/news/powertools/stanley-to-buy-manufacturing-group-including-genesis), 2018-08-15: "Stanley Black & Decker has entered into a definitive agreement to acquire International Equipment Solutions Attachments Group (IES Attachments)."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.