High Street Capital has acquired Knight Material Technologies, formerly Koch Knight, LLC a Koch Engineered Solutions company and subsidiary of Koch Industries Inc.
The investment in KMT’s technology and infrastructure is expected to grow its market share. The firm’s current management team will remain. The deal will position the firm to expand manufacturing production of its Flexeramic ceramic structured packaging systems and its other proprietary materials.
“Knight Material Technologies is an ideal partner for High Street Capital—they are a world-class service provider with superior products and an outstanding reputation, and that only comes from having really great people throughout the company,” stated Matt Laffey, principal at High Street Capital.
“We look forward to this new opportunity,” said Kevin Brooks, president of KMT. “Knight Material Technologies will be in a position to take advantage of new opportunities and ideas in an entrepreneurial environment. In addition, the investment will enable us to expand manufacturing operations, including workforce and vendor relations.”