KPS Capital Partners Closes on Wausau Specialty Papers

KPS Capital Partners Closes on Wausau Specialty Papers

Expera Specialty Solutions, a newly formed portfolio company of KPS Capital Partners, has completed the previously announced acquisition of the specialty paper business of Wausau Paper.

The specialty paper business of Wausau is a manufacturer of paper products used in the tape, pressure-sensitive release liner, coated products, industrial and food packaging sectors. The specialty paper business has approximately 900 employees in two paper mills located in Rhinelander, WI and Mosinee, WI.

KPS Capital Partners is the manager of the KPS Special Situations Funds, a group of private equity funds with over $6 billion of committed capital focused on investing in restructurings, turnarounds and other special situations. The KPS investment strategy targets manufacturing and industrial companies with strong market positions that are going through a period of transition or experiencing operating or financial difficulties. The firm’s portfolio companies have aggregate annual revenues of approximately $6.8 billion, operate 85 manufacturing plants in 25 countries, and employ over 29,000 associates worldwide. KPS Capital Partners is headquartered in New York (

© 2013 PEPD • Private Equity’s Leading News Magazine • 6-27-13

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