Davis Polk advised Crestview Partners in connection with an investment in Key Safety Systems, Inc. (KSS) by FountainVest Partners. FountainVest joins existing shareholders Crestview and KSS management in the ownership of KSS.
Founded in 2004, Crestview Partners is a value-oriented private equity firm with approximately $6 billion of assets under management that is focused on the middle market. KSS is a global leader in the design, development and manufacturing of automotive safety-critical components and systems including inflators, airbags, steering wheels and seat belts. FountainVest is a leading China-focused private equity firm that focuses on long-term oriented investments and targets high growth industry leaders in the industrial, consumer and retail, media and entertainment, and health care sectors.
The Davis Polk corporate team included partner Michael Davis and associates Daniel Brass, Robert Rosen and Robert F. Smith. Partner Edmond T. FitzGerald and associates Veronica M. Wissel and Jessie M. Ferguson provided executive compensation advice. Counsel Hayden S. Baker provided environmental advice. Partner Kathleen L. Ferrell provided tax advice. Counsel Jeanine P. McGuinness provided advice as to regulatory matters. Members of the Davis Polk team are based in the New York and Washington DC offices.
