KPS Capital Partners to sell attachments division of IES to Stanley Black & Decker in USD690m deal
KPS Capital Partners (KPS) has signed a definitive agreement, through an affiliate, to sell the attachments division of International Equipment Solutions (IES), consisting of IES’ Paladin, Genesis and Pengo business units, to Stanley Black & Decker for USD690 million. KPS will retain ownership of the cabs division of IES, consisting