Kinderhook Industries

Kinderhook Industries Named a Top 20 MidMarket Private Equity Firm on the 2023 HEC Paris-Dow Jones MidMarket Buyout Performance Ranking

Retrieved on: 
Monday, March 11, 2024
HEC, Dow Jones, HEC Paris, Investment, Kinderhook Industries

NEW YORK, March 11, 2024 /PRNewswire/ -- Kinderhook Industries, LLC ("Kinderhook") is proud to earn a position in the top 20 on the 2023 HEC-Dow Jones MidMarket Buyout Performance Rankings.

Key Points: 
  • NEW YORK, March 11, 2024 /PRNewswire/ -- Kinderhook Industries, LLC ("Kinderhook") is proud to earn a position in the top 20 on the 2023 HEC-Dow Jones MidMarket Buyout Performance Rankings.
  • The ranking utilized a proprietary methodology that analyzed performance from all relevant funds into an overall score to assess aggregate performance.
  • "Kinderhook is honored to join the top 20 list of the best performing MidMarket private equity firms worldwide by HEC Paris and Dow Jones," said Chris Michalik, Rob Michalik and Tom Tuttle, Managing Directors at Kinderhook.
  • This ranking was published on March 6, 2024, and is the opinion of HEC-Dow Jones and not that of Kinderhook.

Impel Expands into Automotive Aftermarket Industry to meet Growing Demand for AI-Powered Customer Lifecycle Management

Retrieved on: 
Wednesday, January 10, 2024
Entrepreneurship, Kinderhook Industries, Software as a service, AI, Sharp, Growth, Service, Automation, Sales

SYRACUSE, N.Y., Jan. 10, 2024 /PRNewswire-PRWeb/ -- Impel, the global leader in AI-powered customer lifecycle management and digital merchandising for the automotive industry, announced today the hiring of Lorie Sharp as Managing Director, Aftermarket. Sharp brings extensive leadership experience in the independent repair and service industry, where she has successfully scaled software-as-a-service (SaaS) companies in hyper-growth, equity-backed environments, including Identifix (sold to Solera) and asTech (integrated with Kinderhook Industries). Most recently, Sharp served as Chief Executive Officer of KUKUI, a marketing platform provider for independent automotive repair businesses. Sharp joins Impel at a time of rapid growth, following the Company's expansion into the specialty vehicle market and the establishment of direct operations in the UK and Australia announced earlier this year.

Key Points: 
  • Impel, the leader in automotive retail AI, expands into the automotive aftermarket industry to meet growing demand for AI-powered customer lifecycle management.
  • The Company has seen growing demand for its generative AI solutions from the $535B independent service industry, which is primed for AI-powered automation.
  • SYRACUSE, N.Y., Jan. 10, 2024 /PRNewswire-PRWeb/ -- Impel, the global leader in AI-powered customer lifecycle management and digital merchandising for the automotive industry, announced today the hiring of Lorie Sharp as Managing Director, Aftermarket.
  • "Lorie is a proven leader with a track record of results in scaling hyper-growth businesses that deliver transformational solutions to the automotive aftermarket industry.

Repairify Announces ASE Accreditation for In-person and Online Training

Retrieved on: 
Wednesday, December 13, 2023
Center of excellence, Student, Accreditation, Calibration, ADAS, Kinderhook Industries, ASE, Nursing

PLANO, Texas, Dec. 13, 2023 /PRNewswire/ -- Repairify™ , Inc., a portfolio company of Kinderhook Industries, LLC, has achieved ASE accreditation for both online and in-person training.

Key Points: 
  • PLANO, Texas, Dec. 13, 2023 /PRNewswire/ -- Repairify™ , Inc., a portfolio company of Kinderhook Industries, LLC, has achieved ASE accreditation for both online and in-person training.
  • Repairify is now recognized by ASE as a provider of "Continuing Automotive Service Education" to help train the future technicians of the automotive repair industry.
  • Repairify sought this accreditation to ensure that its training content aligns with I-CAR objectives.
  • "It's no secret that the technician shortage is heavily affecting our industry," said Chris Chesney, VP of Training of Repairify.

Repairify and Autel announce new collision software and hardware solutions as part of their 2024 partnership plan.

Retrieved on: 
Thursday, November 30, 2023
Calibration, DTC, Glass, Information services, Tablet, History, Insurance, OE, Ecosystem, Intelligence, OEM, Software, Partnership, Kinderhook Industries, Les Autels-Villevillon

Repairify and Autel have enhanced the efficiency of the collision and glass repair shop workflow and documentation process by seamlessly integrating Repairify's remote services and authentic OEM tool scans into the Autel Remote Expert platform.

Key Points: 
  • Repairify and Autel have enhanced the efficiency of the collision and glass repair shop workflow and documentation process by seamlessly integrating Repairify's remote services and authentic OEM tool scans into the Autel Remote Expert platform.
  • This past summer, Repairify and Autel launched adasThink for Autel users, which provided collision and glass shops with pre-repair insights into required vehicle calibrations (based on scan findings) to help shops complete accurate estimates before the repair starts.
  • This reduced the likelihood of supplemental charges, increased customer satisfaction, and improved insurance reimbursement times.
  • Repairify remote service expansion, which will make dynamic and static calibrations available through the Remote Expert Platform.

Kinderhook Industries Bolsters Senior Leadership and Names Liam Rogers Head of Capital Formation & Investor Relations

Retrieved on: 
Wednesday, September 6, 2023
Kinderhook Industries, Executive officer, Kinderhook, Rogers, Capital, Financial services

NEW YORK, Sept. 6, 2023 /PRNewswire/ -- Kinderhook Industries, LLC ("Kinderhook"), a leading middle market private equity firm with over $5.4 billion of cumulative capital commitments, announced it has named Liam Rogers as Managing Director and Head of Capital Formation & Investor Relations.

Key Points: 
  • NEW YORK, Sept. 6, 2023 /PRNewswire/ -- Kinderhook Industries, LLC ("Kinderhook"), a leading middle market private equity firm with over $5.4 billion of cumulative capital commitments, announced it has named Liam Rogers as Managing Director and Head of Capital Formation & Investor Relations.
  • His deep relationships and expertise within the institutional investor universe will be incredibly valuable for our current and future investor partners," said Chris Michalik, Managing Director and Kinderhook co-founder.
  • Prior to joining Kinderhook, Rogers was an Executive Director in the UBS Private Funds Group, where he raised capital from institutional investors for private equity funds.
  • Tom Tuttle and Robert Michalik, Managing Directors and Kinderhook co-founders, added, "We are delighted to continue to grow the Kinderhook team with the addition of Liam.

Repairify Announces New asTech® All-In-One for Diagnostics, Calibrations, and Programming

Retrieved on: 
Thursday, June 8, 2023
Kinderhook Industries, K-Line, ADAS, OE, OEM, Intelligence, Compatibility, Surveying, Instrumentation

PLANO, Texas, June 8, 2023 /PRNewswire/ -- Repairify™, a portfolio company of Kinderhook Industries, LLC ("Kinderhook"), today announced the upcoming release of the new asTech® All-In-One solution for local and remote automotive diagnostics, calibrations, and programming to simplify the repair process.

Key Points: 
  • PLANO, Texas, June 8, 2023 /PRNewswire/ -- Repairify ™, a portfolio company of Kinderhook Industries, LLC ("Kinderhook"), today announced the upcoming release of the new asTech® All-In-One solution for local and remote automotive diagnostics, calibrations, and programming to simplify the repair process.
  • The asTech® All-In-One is a comprehensive tablet-based solution with local and remote capabilities that's enabled for both asTech® remote OEM tool solutions and OEM Compatible* diagnostics, as well as ADAS calibrations and programming.
  • The asTech® All-In-One is the most powerful solution of its kind available in the automotive repair market.
  • Conduct remote and local calibrations, initializations, and parts programming via the asTech® patented process.

Repair OnDemand Announces New President Randy Kobat, Tony Rimas Takes on New Role with Board of Directors

Retrieved on: 
Tuesday, June 6, 2023
Kinderhook Industries, Smeal College of Business, Pennsylvania State University, Wisconsin School of Business, University of Chicago Booth School of Business, Bachelor of Science in Information Technology, University, Marketing, CDK, Wisconsin school, Business, MBA, Cox, CDK Global, One Club Award, University of Illinois Urbana-Champaign, NADA, Northern Illinois University, Cox Enterprises, Growth, Family, Kinderhook, Maintenance (technical), Management, Science

Before joining Repair OnDemand, Randy spent nine years at Cox Automotive, leading a portfolio of businesses, including vAuto, Kelley Blue Book Instant Cash Offer, HomeNet, and Dealertrack DMS.

Key Points: 
  • Before joining Repair OnDemand, Randy spent nine years at Cox Automotive, leading a portfolio of businesses, including vAuto, Kelley Blue Book Instant Cash Offer, HomeNet, and Dealertrack DMS.
  • Repairify is also pleased to announce that Tony Rimas, previous leader of Repair OnDemand and President of Repairify, has taken on a role with the company's private equity owner, Kinderhook Industries.
  • He has joined the Board of Directors for Repairify and will also serve other board seats within the Kinderhook portfolio of companies.
  • "I am proud of what we have achieved at Repair OnDemand, and I am confident that Randy will continue this momentum," said Tony Rimas.

XP Health adds two executives to fuel growth, naming Ryan VanOverbeke as CCO and Joel Alperstein as CFO

Retrieved on: 
Monday, May 15, 2023
Kinderhook Industries, Alperstein, Workforce, Loyola University Maryland, Software as a service, University, Health, Marketing, Chief commercial officer, WEX, Loyola University, Government, Science, Acquisition, UnitedHealth Group, SAN, CFO, Minnesota State University, Mankato, Management, Guardian

XP Health announced the addition of Ryan VanOverbeke as Chief Commercial Officer and Joel Alperstein as Chief Financial Officer.

Key Points: 
  • XP Health announced the addition of Ryan VanOverbeke as Chief Commercial Officer and Joel Alperstein as Chief Financial Officer.
  • As Chief Commercial Officer, Ryan VanOverbeke will be responsible for XP Health's commercial strategy and execution and will have direct oversight of sales, marketing, and customer success teams.
  • Most recently, he was the chief revenue officer at Vimly Benefit Solutions, a SaaS platform designed to simplify the complexities of workforce and benefits administration.
  • Joel Alperstein becomes XP Health's CFO, transitioning from his previous role at the company as fractional CFO.

BGL Announces the Sale of Circon to Covanta

Retrieved on: 
Monday, May 1, 2023
Kinderhook Industries, BGL, EIS, EQT Partners, Recycling, Ecosystem, Sale, Acquisition, Kinderhook, Biophysical environment, Maritime Industrial Services, Waste management, Gulf Coast of the United States, Covanta

CLEVELAND, May 1, 2023 /PRNewswire/ -- Brown Gibbons Lang & Company (BGL) is pleased to announce the sale of Circon Holdings, Inc. (Circon), an industry leader in innovative waste management solutions and a portfolio company of Kinderhook Industries, LLC (Kinderhook), to Covanta Holding Corporation (Covanta), a leader in sustainable materials management and a portfolio company of EQT Infrastructure. BGL's Environmental & Industrial Services investment banking team served as lead financial advisor to Circon in the transaction. The specific terms of the transaction were not disclosed.

Key Points: 
  • CLEVELAND, May 1, 2023 /PRNewswire/ -- Brown Gibbons Lang & Company (BGL) is pleased to announce the sale of Circon Holdings, Inc. (Circon), an industry leader in innovative waste management solutions and a portfolio company of Kinderhook Industries, LLC (Kinderhook), to Covanta Holding Corporation (Covanta), a leader in sustainable materials management and a portfolio company of EQT Infrastructure.
  • BGL's Environmental & Industrial Services investment banking team served as lead financial advisor to Circon in the transaction.
  • The addition of Circon marks the largest single acquisition for Covanta in two decades, bringing with it more than 600 new employees and 2,500 customers.
  • Circon amplifies Covanta's ability to provide more last-mile sustainability solutions to its blue-chip customer base and transform their waste into value-based materials.

Kinderhook Announces the Sale of Circon Holdings, Inc. to Covanta representing Covanta's Most Transformative Acquisition in Its History

Retrieved on: 
Monday, April 3, 2023
Kinderhook Industries, LLP, BGL, Partnership, Kirkland & Ellis, Sale, Simpson Thacher & Bartlett, Houlihan Lokey, Acquisition, Growth, Covanta

Since 2015, Circon has partnered with multiple entrepreneurs across the industry who helped create a spirited and growth-oriented culture.

Key Points: 
  • Since 2015, Circon has partnered with multiple entrepreneurs across the industry who helped create a spirited and growth-oriented culture.
  • In creating this platform, the transformative rebranding to Circon solidified the mission of the business in the provision of sustainability focused environmental solutions.
  • Over the last eight years, Kinderhook has invested in substantial organic and acquisition focused growth across the Circon platform.
  • "Kinderhook is thrilled with this outcome for Circon, its employees, and our limited partners," said Rob Michalik, Managing Director at Kinderhook.