Kinexx / LaPhair Capital Partners Featured in Businesswire
Kinexx was recently featured on Businesswire in a piece which highlighted the recent acquisition of majority ownership in Kinexx by LaPhair Capital Partners. LaPhair Capital Partners, is an innovation focused, early-stage investment firm with a mission to advance innovation in urban areas and to expand on its commitment to increasing economic opportunity in underserved markets.
Kinexx is renowned for its cutting-edge building technologies, which streamline construction processes, reduce waste, and promote environmental sustainability. LaPhair Capital Partners aims to catalyze the adoption of modular construction, addressing pressing challenges in housing construction and affordability in the Chicago region and beyond. Joining LaPhair as investors are several professional athletes, including Alec Ogletree, Darren Waller, Jaylon Johnson, Trey Lyles, and Xavien Howard, who are passionate about adding awareness to the value of homeownership as an anchor to family stability and financial health in underserved communities.
"We recognize the notable shortage of U.S. homes, linked to issues like instability and economic disparity. 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."
- Adrian Muhammed, Managing Partner at LaPhair Capital Partners
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