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KPS Capital Partners To Acquire AM General LLC

In Community + Industry, News by Chad

NEW YORK, July 22, 2020 — KPS Capital Partners, LP (“KPS”) announced today that, through a newly formed affiliate, it has signed a definitive agreement to acquire AM General LLC (“AM General” or the “Company”) from an affiliate of MacAndrews & Forbes Incorporated.  Financial terms of the transaction were not disclosed. AM …

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AM General Receives Order for 740 New HMMWVS to Support the United States Army’s Modernization Efforts

In Community + Industry, Platforms + Vehicles by Chad

This comes on the heels of a 5-year Systems Technical Support (STS) services contract award for all HMMWV variants. SOUTH BEND, Ind., October 22, 2018 – Global vehicle solutions provider, AM General, has received an order to provide 740 new M1152A1 High Mobility Multipurpose Wheeled Vehicles (HMMWV) to the U.S. …