Kingswood Capital Management Announces Strategic Minority Investment from Bonaccord Capital Partners
Kingswood Capital Management, LP (together with its affiliates, "Kingswood") is pleased to announce that Bonaccord Capital Partners ("Bonaccord") has made a passive minority investment into the firm.
Bonaccord is a private equity firm focused on providing growth capital and strategic support to middle-market private markets sponsors. Bonaccord's investment will enable Kingswood to expand its capital base and reinvest into the firm, ultimately positioning Kingswood to build on its substantial success over the last several years. There will be no changes to management, investment strategy or firm operations.
Kingswood is a Los Angeles-based private equity firm focused on buyouts in middle-market businesses with operational improvement potential. Kingswood has pursued a differentiated investment strategy that has delivered results even amidst a broader slowdown in deal flow and in a turbulent market cycle. The firm has also seen significant growth, completing three institutional fundraises since 2021–closing Fund III in the summer of 2024 after just 90 days with total capital commitments of $1.5 billion, surpassing its $1.0 billion target–and recently acquired iconic brands Kodak Alaris and The Vitamin Shoppe. On November 3, Kingswood closed its acquisition of Drive DeVilBiss Healthcare, marking its largest transaction to date.
"Bonaccord's investment marks a significant milestone in our journey and a meaningful vote of confidence in our differentiated approach and vision for the future," said Alex Wolf, Founder and Managing Partner of Kingswood. "I and the Kingswood team are looking forward to working with Bonaccord to further develop and reinvest into our business while staying true to our investment strategy."
"We are thrilled to have the opportunity to partner with Kingswood to support the next stage in its evolution," said Ajay Chitkara, Managing Partner at Bonaccord. "We believe that Kingswood's exceptional investment track record, level of LP engagement, and growth to-date are truly differentiated in an increasingly competitive market. We look forward to applying our value creation resources and mid-market domain expertise to help advance Kingswood's long-term vision for success on behalf of the firm and its LPs."
Houlihan Lokey served as financial adviser to Kingswood and Kirkland & Ellis LLP acted as legal counsel. Sidley Austin LLP served as legal counsel to Bonaccord.
About Kingswood Capital Management
Kingswood Capital Management, LP partners with leading companies in the middle market which stand to benefit from its capital and extensive operating resources. Kingswood embraces complexity and believes it is well-positioned to support businesses at inflection points in their development to enhance value. Based in Los Angeles, Kingswood is a cohesive, entrepreneurial team with a long history of shared success developing "win-win" partnerships with its portfolio companies and management teams. For more information, please visit the Kingswood website at www.kingswood-capital.com.
About Bonaccord Capital Partners
Bonaccord Capital Partners ("Bonaccord") is a private equity business focused on providing growth capital and strategic support to exceptional mid-market private markets sponsors spanning private equity, private credit, and real estate and real assets. By leveraging its strategic relationships, institutional capabilities, and strategic development expertise, Bonaccord seeks to support transformative initiatives and portfolio objectives that help its partner sponsors reach their potential and establish enduring institutions. Bonaccord is a part of P10, Inc. (NYSE:PX), a leading private markets solutions provider with over $40 billion in assets under management as of September 30, 2025. P10 invests across Private Equity, Private Credit, and Venture Capital in access-constrained strategies, with a focus on the middle and lower-middle market. P10's products have a global investor base and aim to deliver compelling risk-adjusted returns. For additional information, please visit bonaccordcapital.com.
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Kingswood Capital Management
Shannon Powers
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Bonaccord Capital Partners
Investor Relations:
Sophia Kolodzinski
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Media Relations:
Prosek Partners
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