The investment firm LaPhair Capital Partners announced its acquisition of Kinexx Modular Construction, a provider of modular building solutions.
Kinexx will operate as a subsidiary of LaPhair Capital Partners, with Scott Upshaw as its new CEO. LaPhair plans to bolster financing and developer partnerships while expanding Kinexx’s manufacturing capabilities across the Midwest and Southwest regions.
“We recognize the notable shortage of U.S. homes, linked to issues like instability and economic disparity,” said Adrian Muhammad, managing partner at LaPhair Capital Partners. “This acquisition underscores our dedication to both layering innovative solutions against broad, societal challenges and targeting investments that drive positive change in the communities we serve. Together, we will accelerate the deployment of sustainable building solutions, address the nation’s housing crisis and simultaneously empower a wave of homeownership in urban markets nationwide.”
Photo courtesy of Kinexx Modular Construction
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