New State Capital Takes Majority Stake In KMS

New State Capital Partners (New State) today announced that it has made a significant equity investment in KMS, LLC (KMS or the Company).

KMS is one of the largest wholesale resellers of closeout consumer products in the US. The Company provides a solution for brands to monetize excess or discontinued inventory.

About KMS

KMS is one of the nation's largest wholesalers of consumer product closeouts. The company is a specialized wholesale reseller of closeout, overstock, and factory refurbished consumer products.

About New State Capital Partners

New State Capital Partners is a private equity firm that seeks to invest in market-leading companies with $8 million to $30 million of EBITDA in the areas of business services, industrials, and consumer products.

About Flatirons Capital Advisors

Flatirons Capital Advisors, LLC (www.flatironscap.com) is a Mergers and Acquisitions advisory firm that helps privately held companies sell their businesses and acquire other businesses. Our unique business model affords sell-side advisory clients the ability to improve their company's performance, earnings, and effectiveness in the short-term, while simultaneously increasing their market value for a future sale. Flatirons has offices in Colorado, Florida, Illinois, and Texas.