Kian Capital Announces Majority Recapitalization of SPATCO and Two Add-on Acquisitions

The August 17, 2021 release describes the majority recapitalization completed in September 2020. The portfolio page records September 30, 2020. It is distinct from Kian’s 2015 financing and the 2024 continuation transaction. SPATCO completed the acquisition of The Southern Company of North Little Rock in December 2020, as disclosed in the August 17, 2021 release. No exact closing day or price is inferred. SPATCO completed the acquisition of Adams Tank & Lift in July 2021, as disclosed in the August 17, 2021 release. No exact closing day or price is inferred.