Description KPS Capital Partners delivers a little CPR to struggling businesses. The firm manages the KPS Special Situations Funds, which are invested in troubled companies with annual revenues of at least $250 million in the manufacturing, transportation, and service industries. Specializing in restructurings and turnarounds, it is a hands-on investor, taking controlling stakes in its portfolio companies, working with management, and providing oversight and advice. KPS, which usually invests $25 million to $200 million per transaction, has some $2.7 billion of committed capital. Investors in its funds include pension funds, financial corporations, and trusts.