Northbrook, IL – September 21, 2026. Gibraltar Business Capital (“GBC”) has closed an asset-based revolving credit facility for KMM Group LLC (“KMM” or the “Company”), a vertically integrated precision contract manufacturer specializing in complex, tight-tolerance components for the medical device industry and other highly demanding markets. The financing supports the acquisition of KMM by private equity firm RS2 Healthcare Partners and the Company’s next stage of growth.
Headquartered in Hatboro, Pennsylvania, KMM provides high-precision machining, electrical discharge machining, centerless grinding and specialized grinding capabilities to hundreds of customers. With more than 100 specialized machines and deep expertise across demanding end-markets, KMM has built long-standing customer relationships, some spanning more than four decades.
RS2 Healthcare Partners invested in KMM to support the Company’s next phase of growth while preserving continuity for customers, employees and partners. The transaction also brings experienced leadership to KMM, including President and CEO J. Mark King, former CEO of Tegra Medical, a previous RS2 Healthcare Partners’ portfolio company.
“With RS2’s investment and Gibraltar’s financing in place, we have capital partners to pursue KMM’s growth initiatives,” said J. Mark King. “Gibraltar understood what we’re building and designed a solution to support that vision.”
“Every business has a different story behind the numbers, and understanding that story matters when you’re structuring capital,” said Scott Winicour, Chief Executive Officer of Gibraltar Business Capital. “With KMM, we saw an established business with deep manufacturing capabilities and an experienced sponsor with a clear plan for its future. We built the facility around both.”
About Gibraltar Business Capital
Chicago-based Gibraltar Business Capital is a specialty finance company that delivers working capital in the form of asset-based loans ranging from $10 to $100 million. Gibraltar is an expert financial partner providing mid-market companies nationwide access to capital when needed most to solve challenges or fuel growth at any stage of the business lifecycle. With over 70 years of experience, Gibraltar’s team is trained to listen, think differently, and take unique circumstances into account. Gibraltar Business Capital is a portfolio company of multi-billion-dollar specialty finance company Hercules Capital, Inc. (NYSE: HTGC). For more information, visit www.gibraltarbc.com.
About KMM Group
KMM Group is a premier contract manufacturer specializing in complex, tight-tolerance components for the medical device industry and other highly demanding markets. KMM solves complex, failure-intolerant engineering challenges through integrated capabilities, technical expertise, and scalable production. For more information visit kmmgrp.com.