Knape and Vogt bought for $106 million

July 28, 2006 at 4:50 PM

GRAND RAPIDS, Mich., July 28 (UPI) -- Wind Point Partners, a private equity firm, bought Knape & Vogt Manufacturing Co., a Michigan office product maker, for $106 million plus debt assumption.

Wind Point bought K&V in partnership with Peter Martin, who is assuming the role of K&V's chief executive, and Bill Denton, who is assuming the role of K&V's chairman.

K&V, which will be taken private, employs about 600 people at its headquarters and main manufacturing facilities in Grand Rapids and a smaller manufacturing

operation in Ho Chi Minh City, Vietnam, and showroom and sales offices in

Chicago and Mississauga, Ontario.

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