Investcorp announced its recent acquisition of KSI Trading Corp. (KSI), a supplier of aftermarket collision repair parts in the U.S. The terms of the transaction were not disclosed.
Founded in 1984, KSI services over 10,000 collision repair shop customers across 25 locations in 14 states. Headquartered in South Plainfield, New Jersey, KSI has over 600 employees across the U.S.
Investcorp has previous experience as an investor in the collision repair industry. The firm acquired CCC Information Services in 2005 and owned the firm until its sale to Leonard Green & Partners in 2013.
KSI will be led by Christopher Patti,