Kinderhook Industries
| Company type | Private |
|---|---|
| Industry | Private equity |
| Founded | 2003 |
| Headquarters | New York City , United States |
| Products | Private equity investments, middle-market buyouts |
Kinderhook Industries, LLC operates as a private equity firm based in New York City, United States. Established in 2003, the company has successfully raised capital exceeding $5 billion and has executed upwards of 300 investments, primarily concentrating on middle-market enterprises.
In January 2020, Kinderhook finalized the closing of its sixth mid-market buyout fund, known as Kinderhook Capital Fund VI, reaching its $1 billion maximum target. Among the principal investors was the New York State Teachers' Retirement System. The preceding fund, Kinderhook Capital Fund V, was completed in 2016 with $750 million in commitments.
Transactions
Kinderhook's acquisition approach targets a broad range of industries and prioritizes companies with growth potential. Significant transactions include:
- 2014: Acquisition of GlobalHealth and Thermacell.
- 2015: Purchases included Superwinch, Collision Diagnostic Services (CSD), Bestop (investment), CSDVRS, and STC.
- 2016: Bestop expanded by acquiring Baja Designs; Kinderhook added National Truck Protection (NTP) to its portfolio and invested in NitroFill.
- 2017: Formation of Race Winning Brands; acquisitions of PMI, Diamond Pistons, and Trend Performance; divestiture of San Jamar.
- 2018: Race Winning Brands grew through acquiring Rekluse Motor Sports, Dart Machinery, Falicon Crankshaft Components, and MGP Connecting Rods; Kinderhook acquired SCA Performance.
- 2019: Race Winning Brands purchased CV4; SCA Performance acquired Rocky Ridge and Rocky Mountain Truckworks.
- 2020: Race Winning Brands acquired Manley Performance Products, Inc.
These transactions illustrate Kinderhook’s strategy of investing in scalable businesses within sectors such as automotive aftermarket, industrial services, and performance products. The firm’s leadership has consistently propelled growth through targeted investments and portfolio diversification.