Investor Type | Firm |
Industries | Other • Hardware (& Manufacturing) |
Investing | United States |
KGI Partners is a venture capital firm located in Philadelphia, Pennsylvania, specializing in the commercial vehicle sector. They are known for partnering with existing management teams to provide support for successful growth. The firm prioritizes investments in heavy-duty aftermarket distribution companies that fall between the individual acquisition scale and the larger private equity firm targets. These companies typically have revenues of $10-20 million and EBITDA of $1-3 million. KGI Partners was established by Warren Klein, who has over 30 years of experience in heavy-duty remanufacturing and aftermarket distribution. Klein is the founder and former CEO of TransAxle Corp, which he led to significant expansion, opening 18 branches along the Eastern Seaboard. In 2006, under his leadership, TransAxle saw a recapitalization by Graham Partners. Following this, Klein founded KGI Partners with the intent to leverage his background and enter new business ventures in the heavy-duty sector. The firm also has expertise in the remanufacturing of electronics and mechatronics for heavy-duty and commercial applications. KGI Partners assesses potential investments based on several criteria, including the strength of the existing management team, past operating performance, compelling growth opportunities, and a strong customer service component. They have expertise in turbocharger remanufacturing, serving dealers, distributors, and professional installers. Warren Klein's hands-on experience underpins the firm's investment approach, and KGI also holds accolades such as the 'Heavy Duty Manufacturer of the Year' awarded to Warren Klein in 2013. KGI Partners continues to seek and evaluate opportunities that align with its investment criteria and leverage its unique industry insight for growth and success in the relevant markets.