MacAndrews and Forbe: Humvee Maker Sold to KPS

KPS Capital Partners has agreed to acquire AM General, a military vehicle and contract automotive manufacturer, from MacAndrews & Forbes, an investment firm controlled by Ronald Perelman. AM General manufactures specialized vehicles for military and commercial customers including the iconic High Mobility Multipurpose Wheeled Vehicle (HUMVEE). The company's military products include light tactical vehicles and [...] The post Humvee Maker Sold to KPS appeared first on Private Equity Professional.