From this morning’s LBO Wire: KPS Capital Partners has found the exit route for its investment in Motor Coach Industries International Inc. <a href="http://pevc.dowjones.com/Article?an=DJFLBO0120151110ebbaqhjoi&cid=&ctype=&from=Search?mod=WSJBlogs">The New York firm has agreed to sell the bus maker to </a><a href="http://www.wsj.com/public/quotes/main.html?type=djn&symbol=NFI.T">New Flyer Industries</a> Inc.<a href="http://blogs.wsj.com/public/quotes/main.html?type=djn&symbol=NFI.T?mod=inlineTicker" target="">NFI.T +4.98%</a> for $480 million, our new staffer Braden Kelner reports. KPS has owned the company since 2010, when it had a $12 million loss before interest, taxes, depreciation and amortization, a person familiar with the matter told LBO Wire. Five years later, and the company has annual Ebitda of about $75 million, a return of roughly three times KPS’s invested capital, the person added.