Kingswood Capital Management has acquired Kodak Alaris from the UK Pension Protection Fund (PPF). Kingswood is a Los Angeles-based private equity firm focused on buyouts of middle-market businesses and has significant experience in driving value for consumer and industrial services businesses.
Kodak Alaris continues the Kodak legacy of excellence in photography and imaging services through its two business units, Kodak Moments and Kodak Alaris. The Kodak Alaris business unit is one of the largest global providers of data capture and processing solutions and serves customers in more than 100 countries around the world.
In a joint statement, Nicki Zongrone, President of Kodak Moments and John Blake, President of Kodak Alaris, said: “The investment by Kingswood Capital is a clear endorsement of the enduring value of our offerings and a testament to our team’s hard work. We are delighted to have secured the backing of new owners who share our vision for the future of our business. We look forward to starting this new chapter guided by Kingswood’s robust operational expertise.”
