KPA Announces New Ownership
Oct. 2, 2014—Business services provider KPA LLC has been acquired by CIVC Partners L.P., a Chicago-based private equity firm.
The acquisition offers KPA increased resources to expand its product offerings of Environmental Health and Safety (EHS) and Human Resource (HR) Management services for automotive, truck and equipment retail companies into adjacent markets through organic and acquisition opportunities.
KPA will remain at its current headquarters in Lafayette, Colo., with Vane Clayton staying on as CEO and a member of the board of directors.
“With CIVC’s support and deep knowledge of the automotive and compliance sectors, they are truly a value-added partner that will assist with the execution of our growth strategy,” said Vane Clayton, president and CEO of KPA in a release. “With a similar longevity to KPA, and a proven track record as a high integrity investment partner for other auto industry companies, CIVC is a great fit for our culture and team.”