KCM Capital’s Acquisition of Tekleen

Katten Muchin Rosenman LLP served as legal counsel to KCM Capital on the transaction.

Chicago-based private investment firm KCM Capital Partners LLC has acquired the assets of Automatic Filters, Inc. (“Tekleen”) headquartered in Los Angeles, California. 

The transaction was completed in partnership with Boston-based investment firm Gemini Investors and other strategic investment partners.

Terms of the transaction were not disclosed.

Concurrent with the acquisition, KCM has appointed Syed Shah as Chief Executive Officer of the Company.  

Founded in 1994, Tekleen provides automatic, self-cleaning water filtration equipment to a wide variety of industrial, commercial and municipal customers.  The Company has sold more than 25,000 filters worldwide and counts many Fortune 500 businesses as key clients.  Tekleen’s innovative filtration solutions, which are designed in accordance with ASME Boiler and Pressure Vessel Code Section VIII standards, can handle flow rates ranging from 20 to 20,000 gallons per minute and are used across myriad commercial applications, including irrigation, process cooling, bottling operations, wastewater treatment, descaling, municipal reuse and recycling and sugar filtration, among others.  

KCM Capital Partners is a Chicago-based private investment firm focused on investing in lower middle-market business services, value-added distribution and specialty industrial businesses throughout the U.S.  

Christopher Atkinson (Picture) led the Katten team, which also included associates Matt Marguerite and Zachary Morris as well as counsel Connie Fratianni.

KCM founding partner Derek Ferguson and partner Emmett Mosley IV worked on the deal. 

Involved fees earner: Christopher Atkinson – Katten Muchin Rosenman LLP; Constance Fratianni – Katten Muchin Rosenman LLP; Matthew Marguerite – Katten Muchin Rosenman LLP; Zachary Morris – Katten Muchin Rosenman LLP;

Law Firms: Katten Muchin Rosenman LLP;

Clients: KCM Capital Partners;

Sonia Carcano

Author: Sonia Carcano