Business combination materially improves scale and product scope, advancing Columbus McKinnon's strategy as the holistic provider of intelligent motion solutions in materials handlingComplementary portfolio enhances strategic positioning in attractive verticals and target geographies, delivering an even stronger portfolio of productsTransaction valued at approximately $2.7 billion at a ~8x TTM Adjusted EBITDA multiple post-synergiesat a ~8x TTM Adjusted EBITDA multiple post-synergies Expected to create ~$70 million in annual net cost synergies, improving Adjusted EBITDA Margins 1 to greater than 23% and is expected to more than double revenue and triple Adjusted EBITDA 1 on a pro-forma combined basisin annual net cost synergies, improving Adjusted EBITDA Margins to greater than 23% and is expected to more than double revenue and triple Adjusted EBITDA on a pro-forma combined basis Significant combined cashflow generation expected to enable de-leveraging to Net Leverage Ratio 1 of approximately 3.0x within two years post-closing 2of approximately 3.0x within two years post-closing The transaction is expected to be funded with $2.6 billion in committed debt financing and an $0.8 billion perpetual convertible preferred equity investment from CD&RCHARLOTTE, N.C., Feb. 10, 2025 /PRNewswire/ -- Columbus McKinnon Corporation (Nasdaq: CMCO) ("Columbus McKinnon" or the "Company"), a leading designer, manufacturer and marketer of intelligent motion solutions for material handling, today announced a definitive agreement under which Columbus McKinnon will acquire Kito Crosby Limited ("Kito Crosby") from funds managed by leading global investment firm KKR in an all-cash transaction valued at $2.7 billion subject to customary post-closing purchase price adjustments. The Company expects the deal to close later this calendar year, subject to regulatory approvals and satisfactory completion of customary closing conditions."This is an important next step in further strengthening Columbus McKinnon's position as a scaled, holistic provider of intelligent motion solutions in materials handling. We've long had a great respect for Kito Crosby's strong portfolio of offerings. The business that the Kito Crosby management team, led by Robert Desel and Yoshio Kito have built is exceptional, and we look forward to welcoming them to the Columbus McKinnon team," said David Wilson, President and CEO of Columbus McKinnon. "Through this strategic combination, we're creating a company that is extremely well-positioned to deliver real-world solutions for customers, with favorable tailwinds from megatrends, including reshoring, infrastructure investment, modernization of aging industrial facilities, and rising automation needs due to labor shortages

PHILADELPHIA and NEW YORK, Jan. 23, 2025 /PRNewswire/ -- FS KKR Capital Corp. (NYSE: FSK) announced today plans to release its fourth quarter and full year 2024 results after the close of trading on the New York Stock Exchange on Wednesday, February 26, 2025.FSK will host its fourth quarter and full year 2024 results conference call via live webcast on Thursday, February 27, 2025 at 9:00 a.m. (Eastern Time). All interested parties are welcome to participate and can access the live webcast from the Investor Relations section of FSK's website at www.fskkradvisor.com under Events or through the following URL: https://edge.media-server.com/mmc/p/y6c8i927.Research analysts who wish to participate in the conference call are requested to register a day in advance or at a minimum 15 minutes before the start of the call using the following URL: https://register.vevent.com/register/BI285768b6c23c42fbb6b961100d310f8e. Upon registration, all telephone participants will receive a confirmation email detailing how to join the conference call, including the dial-in number along with a unique PIN number that can be used to access the call.An investor presentation of financial information will be available by visiting the Investor Relations section of FSK's website, under Presentations after the market close on Wednesday, February 26, 2025.A replay of the call will be available beginning shortly after the end of the call by visiting the Investor Relations section of FSK's website, under Events.About FS KKR Capital Corp.FSK is a leading publicly traded business development company (BDC) focused on providing customized credit solutions to private middle market U.S