Current Capital Advises Ares Management on Acquisition of Kuecker Pulse Integration
Kansas City, Missouri, August 3, 2021 – Current Capital is pleased to announce that funds managed by the Private Equity Group of Ares Management Corporation (“Ares”) (NYSE: ARES) have acquired a majority interest in Kuecker Pulse Integration, L.P. (“KPI”), a newly formed company that was created from the combination of leading integration firms Kuecker Logistics Group, Inc. (“Kuecker”), Pulse Integration (“Pulse”), and QC Software, LLC (“QC”). Terms of the transaction were not disclosed.
Larry Strayhorn, CEO of Pulse, will lead the new, combined company, and he will be joined on the leadership team by executives from each of Pulse, Kuecker, and QC. The existing owners of all three businesses retained significant equity stakes.
The combined company will have enhanced capabilities and scale, and is expected to become a leading warehouse automation solutions provider.
Kuecker has been an innovative material handling solutions provider for more than 40 years. Using a customized approach, they work to design, engineer, and implement logistics management solutions to increase distribution efficiency. Learn more at www.kuecker.com.
Pulse has been a systems integrator for more than 50 years serving customers throughout North America. Pulse is focused on helping companies leverage the right mix of technology in their facilities, and works to understand, collaborate, and provide custom, technology-agnostic solutions in a tiered delivery process. Learn more at www.pulse-si.com.
QC has been recognized as an industry leader in providing innovative software solutions for order fulfillment and distribution centers. QC’s software solutions help streamline their customers’ warehouse operations. Learn more at www.qcsoftware.com.
“As a pure-play technology and solutions integrator, KPI is well positioned to serve the requirements of the fast-growing warehouse automation space,” said Brian Klos, Partner in the Ares Private Equity Group. “This combination is expected to provide KPI with significant scale and expanded capabilities to better serve its customers and drive the next phase of the company’s growth, both organically and through strategic acquisitions. We believe this combination brings together a group of uniquely talented and motivated leaders.”
Current Capital’s expertise in automation, Executive Network, and M&A advisory services helped the Ares Private Equity Group make this new platform investment, providing senior attention, deep industry knowledge and financial analysis. The transaction was negotiated outside of an auction process.
“Current Capital’s team continues to be a valued partner of ours. They understand our strategy and provide advice and insight along with a network of industry experts that are critical in today’s M&A environment. We look forward to doing a lot more together.” added Brian Klos, Partner in the Ares Private Equity Group.
About Current Capital Partners
Current Capital Partners LLC is an independent advisory and merchant banking firm focused primarily on the industrial and services sectors. We provide mergers and acquisitions advisory services, corporate management services, and private equity investing. The mergers and acquisitions advisory effort offers high-quality financial advisory services – including actionable ideas, buy-side and sell-side execution, strategic and capital structure reviews, restructuring advisory and related services – for corporate and investment firm clients seeking industry expertise, an independent perspective and senior attention. In our management services effort, we manage investments, provide restructuring advice, sit on Boards of Directors and provide related consulting services for other investors and financial institutions; and offer advice and expert witness services in complex corporate litigation. Our private equity investing business helps create value, primarily in lower middle market and smaller companies, with an integrated operating, finance and investment approach. Our Advisory Board and Executive Network are important advantages for our clients. Learn more at www.currentcap.com.
Jonathan F. Foster
Telephone: +1 212 223 0618