Kensington Capital Partners Limited

Kensington Capital Partners Limited in its US$85 million recapitalization of Kenona Industries LLC

Client

Kensington Capital Partners Limited

Value

US$85 million

Service

Mergers and Acquisitions

Date Closed

June 2018

Lead Office

New York

 

On June 7, 2018, Kensington Capital Partners Limited announced that Kensington Private Equity Fund had completed an US$85 million recapitalization of Kenona Industries LLC in partnership with Kenona management and co-investors.

Kenona Industries LLC is a Michigan-based precision machining business supplying the automotive industry and has developed a reputation as a leader in the precision machining business.

Kensington Capital Partners is a leading independent Canadian investor in alternative assets. Kensington Private Equity Fund offers investors a diversified portfolio of private equity investments, including hard-to-access private equity funds and direct investments in private companies.

Osler, Hoskin & Harcourt LLP represented Kensington Capital Partners with a team consisting of Marc Kushner and Jillian Mulroy (Corporate), Paul Seraganian, Jennifer Lee, Kevin Colan and Julie Geng (Tax), Andrew Herr (Financial Services) and Lynne Lacoursière (Employee Benefits).