News

KLH Capital Portfolio Company, Q Research Solutions, Completes Merger with Tragon Corporation

August 24, 2017 - KLH Capital is pleased to announce the merger of its portfolio company, Q Research Solutions (“QRS”), and Tragon Corporation (“Tragon”) to form one of the largest sensory and consumer products research companies in the U.S. with 85 employees across facilities in California, Chicago, and New Jersey. The combination of QRS and Tragon is designed to meet the growing needs of the country’s leading consumer product companies with expanded research and collection capabilities and additional testing facilities. The merger includes RedJade®, a proprietary web-based application that collects, measures, and reports sensory data in real-time.  The combined firms…

Seeking Add-On Acquisition for Data Display Systems

August 22, 2017 - Data Display Systems, an innovative electronics manufacturer and developer of custom video, audio, lighting, and interactive solutions serving the point-of-purchase display market, is seeking to acquire a full service kiosk manufacturing company with the following attributes: EBITDA: $1-5 million Geography: US-based, preferably on the East Coast Strong software development team with expertise in PC and Android based platforms Fully integrated turnkey solution including hardware, software, services, and support Manufacturing expertise, preferably in the US for prototypes and overseas for production units Long-term relationships with key vendors Diversified end markets including, healthcare, colleges & universities, travel &…

KLH Capital Completes Recapitalization of Premiere Seals

June 27, 2017 - KLH Capital is pleased to announce it has partnered with the owners of Premiere Seals (or “Company”) to complete a recapitalization of the business.  Based in Holiday, FL, Premiere Seals is a leading, value-added supplier of high-volume, custom manufactured molded plastic, rubber, and metal components such as seals, O-rings, gaskets, boots, assemblies, and bonded parts to a variety of end markets, including the communications, HVAC, pool & spa, and lawncare industries.  The Company was founded in 1998 by Gail and Robin Selby and is currently led by Mr. Selby and a management team who have over…

KLH Capital Launches Video Series to Showcase Its Collaborative, Supportive Approach to Partnerships

May 2, 2017 KLH Capital is pleased to announce the launch of a video series providing intermediaries, advisors, and company owners an inside look at the firm’s culture and approach to recapitalizations, management buyouts, and family successions.  In the first featured video, Hal Kersey, CEO of MidState Machine and Fabricating Corp, shares how a tragic car accident caused him to reflect and act upon his company’s long-term vision and succession plan.  Hal explains, “It was my desire to see MidState continue to grow into the future for the benefit of the employees and client base that have been loyal to…

"For Auld Lang Syne" - KLH Celebrates 2016

Like many of you, KLH rings in the new year by celebrating its achievements and committing to new goals.  2016 brought significant growth to our firm and we are thankful for the many partnerships that made it possible. As we endeavor to build upon our success in 2017, we wish to recognize our most notable 2016 achievements.   We look forward to working with you as we achieve new milestones in 2017.   ABOUT KLH CAPITAL KLH Capital is a fully capitalized SBIC private equity fund managing $320 million across three funds.  We make majority and minority equity investments in…

KLH Capital Completes Management Buyout of Q Research Solutions

KLH Capital is pleased to announce it has partnered with the management team of Q Research Solutions, Inc. (“QRS” or the “Company”) to complete a management buyout.  Based in Old Bridge, New Jersey, Q Research Solutions is a leading provider of sensory and consumer product research for Fortune 500 and other blue-chip customers in the food and beverage, health and beauty, and fragrance industries.  The Company is especially known for its expertise in the fragrance category, a market it has served for over 20 years. Consolidation within the consumer products industry has required companies to continually innovate to remain competitive,…

KLH Capital Closes Third Fund, Welcomes Josh Kuder

KLH Capital (“KLH”) is pleased to announce it has completed fundraising for KLH Capital Fund III, L.P. (“Fund III”) with $155 million in committed capital.  In addition, KLH is delighted to welcome Josh Kuder as the newest partner with the firm. KLH launched Fund III earlier this year with $135 million of commitments  in the first close.  Fund III made its first investment in May 2016 with the recapitalization of BMI Merchandise, a distributor of redemption and prize merchandise to family entertainment centers across the country.  “The final closing represents the strong confidence our limited partners have in our investment…

Tampa Bay Business Journal Interviews KLH Capital

TAMPA PRIVATE EQUITY FIRM SAYS 'YES' TO INVEST MORE by Margie Manning ...

KLH Capital Raises New Fund, Promotes Chris Hart and Kyle Madden

KLH Capital (“KLH”), a lower middle-market private equity firm based in Tampa, FL, is pleased to announce it has completed its first closing for its third SBIC-licensed fund, KLH Capital Fund III, L.P. (“Fund III”), with $135 million in committed capital.  Consistent with the firm’s successful eleven-year investment history, Fund III will focus on U.S. based businesses in the value added distribution, specialty service and niche manufacturing industries with at least $10 million of revenue and $2 million of EBITDA. In addition to KLH Capital’s traditional control investments, the new fund will incorporate a non-control, growth equity strategy.  “We are…

KLH Completes Exit from ANS Distributing

KLH Capital is pleased to announce that it has exited its investment in ANS Distributing through a sale of the company to Jones & Frank, the premier provider of fueling system solutions in the United States.  With the combined capabilities of these two leading companies, Jones & Frank has unequaled scale and resources in the petroleum equipment industry to better serve customers’ fueling equipment needs across North America. KLH Capital purchased ANS Distributing in November 2012 through a management buyout of the retiring founder.  “We are very grateful to the management team for their excellent stewardship of the company during…