KRG Capital mourns the passing of Co-Founder Mark M. King
Mark McCandish King, age 56, passed away suddenly on July 13, 2016 while fishing with his two sons, Michael and Colton, in British Columbia. Mark was a loving and devoted husband, father, brother, son, uncle, nephew and cousin who loved life and lived it to its fullest.
Mark was a co-founder of KRG, and he was a key impetus behind our founding in 1996. Mark had been a successful entrepreneur his entire adult life and was imbued by the confidence that KRG could begin humbly and develop into a highly successful growth oriented private equity firm. Mark had a unique ability to communicate with owners of family owned businesses and to convince them to partner with KRG. Mark also had a special knack for developing creative win-win deal structures and incentive plans that benefited acquired companies and KRG. Mark worked with Charlie and Bruce and other key deal people at KRG to raise $4.5 billion in four private equity funds and over $1 billion of co-invest from our limited partners as well as approximately $12 billion of debt from a variety of loyal banks and finance companies. In total, KRG did over 200 acquisitions during Mark’s tenure, grew a host of Companies into industry leaders and employed thousands of people. Mark was also a fair and loyal co-manager of the firm at KRG, helping create a culture that rewarded talent and allowed KRG to have a great track record for retaining our key staff over the years.
Mark left KRG in 2013 to form Revelstoke Capital Partners, which became another successful middle-market private equity firm that he led until his untimely passing. For his inspiration, vision and creativity, Mark was truly a trusted and valued partner to the many entrepreneurs and management teams with whom he worked over his career.
Mark was a philanthropist donating to numerous charities including National Jewish Hospital and serving on its Board of Directors. Mark Co-Founded and provided original funding for and charitable contributions to Evergreen Country Day School.
Donations in lieu of flowers can be made to National Jewish Health, 1400 Jackson St. Denver, CO 80206 Attn: Memorial Dept. or go to https://www.nationaljewish.org/lo/2015/main and Evergreen Country Day School, 1036 El Rancho Road. Evergreen, CO 80439, or go to www.ecdschool.org