C&D: KPS Building Billion Dollar Battery Giant

C&D Technologies, a portfolio company of KPS Capital Partners since August 2017, has agreed to acquire Trojan Battery Company from Charlesbank Capital Partners. Charlesbank acquired Trojan in June 2013. The combination of C&D and Trojan will result in a company with more than $1 billion in annual revenue. Trojan is a maker of deep-cycle batteries [...]The post KPS Building Billion Dollar Battery Giant appeared first on Private Equity Professional.