Pennsylvania Business Report
Pittsburgh’s Jennmar announces equity investment by KPS Capital Partners
Officials with infrastructure products and services provider Jennmar, headquartered in Pittsburgh, said the company has entered into an agreement with KPS Capital Partners. KPS Capital will provide a majority equity investment into the company, while FalconPoint Partners and Jennmar’s CEO Tony Calandra retain a significant minority ownership position in the company. The transaction will support Jennmar’s continued innovation and growth, company officials said. Once the transaction is...
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