Deal Roundup: Big investor trio recapitalises KBS, Arsenal Capital buys into PolyWood

Long-time KBS investors KKR, Ares Management and BlackRock have sealed a recapitalisation deal for the business. KBS specialises in facility services in North America, specialises in clients in the industrial, commercial, logistics, retail and grocery sectors. Ares credit group partner Adam Ferrarini said, “We are excited to help provide KBS with the additional capital needed …