David Shapiro

David Shapiro is a Co-Founder and Managing Partner of KPS Capital Partners, LP, and a member of its Investment Committee and Management Committee. KPS, through its affiliated management entities, is the manager of the KPS Special Situations Funds, a family of private equity funds with approximately $13.6 billion of assets under management (as of June 30, 2022) focused on making controlling equity investments in manufacturing and industrial companies across a diverse array of industries, including basic materials, branded consumer, healthcare and luxury products, automotive parts, capital equipment and general manufacturing.

Mr. Shapiro and the Partners of KPS have successfully developed and executed a proprietary investment strategy of creating new companies to acquire assets or businesses from large corporations, businesses owned by families or entrepreneurs, and businesses presented for sale in connection with financial restructurings, including companies owned by former creditor groups. KPS then transforms these businesses into independent, world-class, industry-leading enterprises by structurally improving their strategic position, competitiveness and profitability.

The KPS Funds’ portfolio companies generate aggregate annual revenues of approximately $21.6 billion, operate 232 manufacturing facilities in 27 countries, and have approximately 53,000 employees, directly and through joint ventures worldwide (as of June 30, 2022, pro forma for recent acquisitions and exits).

Mr. Shapiro currently serves on the Board of Directors of the following KPS portfolio companies: C&D Technologies (Chairman), AIS Global, AM General, Autokiniton Global Group, Briggs & Stratton, Eviosys, Howden, Life Fitness, Lufkin Industries, Oldcastle BuildingEnvelope, PEMCO, Primient and Speira. In addition, Mr. Shapiro previously served on the Board of Directors of 32 former KPS portfolio companies.

Prior to joining its predecessor in 1991 and creating KPS in 1997, Mr. Shapiro was an investment banker with Drexel Burnham Lambert and Dean Witter Reynolds.

He received a B.A. in History from the University of Michigan with High Honors and an MBA with a Specialization in Finance from the University of Chicago Booth School of Business.