# KPS Capital Partners sells Paladin and Pengo to Stanley Black & Decker

KPS Capital Partners has completed the sale of the Paladin and Pengo business units of International Equipment Solutions to Stanley Black & Decker. KPS retains the Genesis and Crenlo Global units.

- Type: Acquisition
- Announced: 2019-03-08
- Where: United States
- Status: completed
- Products: attachments for off-road equipment, construction equipment, demolition equipment
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [KPS Capital Partners](https://endata.com/companies/1184.md) (partner)
- [Stanley Black & Decker](https://endata.com/companies/17790.md) (acquirer)
- [International Equipment Solutions](https://endata.com/companies/33635.md) (target)
- [Paladin Attachments](https://endata.com/companies/37972.md) (target)
- [Pengo Attachments](https://endata.com/companies/37973.md) (target)

## Sources

- [newswire.ca](https://www.newswire.ca/news-releases/kps-capital-partners-conclut-la-vente-a-stanley-black-amp-decker-des-unites-commerciales-paladin-et-pengo-d-international-equipment-solutions-871737853.html), 2019-03-08: "KPS Capital Partners, LP announces today to have completed the sale to Stanley Black & Decker, Inc. of the Paladin and Pengo business units belonging to International Equipment Solutions, LLC."
- [equipmentjournal.com](https://www.equipmentjournal.com/construction-news/stanley-pengo-paladin/), 2019-03-12: "We congratulate and thank the IES management team for their strategic vision and impressive execution."

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