Krause Group Company Profile

Background

Krause Group is a family-owned parent company headquartered in Des Moines, Iowa, overseeing a diverse portfolio of businesses across the United States and Italy. Established in 1959 with the launch of a single gas station in Hampton, Iowa, by Tony S. Gentle and his son-in-law, William A. Krause, the organization has expanded significantly over the decades. Its mission is to nurture its family of brands, creating opportunities to do good in the world, with a purpose to enhance the way people experience the world.

Key Strategic Focus

Krause Group's strategic focus encompasses several core objectives:

Diversified Portfolio Management: Overseeing a range of businesses, including professional soccer clubs, wineries, real estate development, and hospitality services.

Sustainability and Corporate Social Responsibility (CSR): Aligning operations with the United Nations Sustainable Development Goals, particularly focusing on Gender Equality, Reduced Inequalities, and Climate Action.

Community Engagement: Committing to donating at least 10% of profits annually to the communities it serves, supporting various charitable organizations and initiatives.

Financials and Funding

As of 2025, Krause Group's estimated annual revenue is $42.4 million, with a workforce comprising over 100 employees. In 2023, the company divested its convenience store chain, Kum & Go, and its transportation subsidiary, Solar Transport, to Maverik – Adventure’s First Stop, marking a strategic shift in its business focus.

Pipeline Development

Krause Group's current development initiatives include:

USL Pro Iowa: An initiative to bring professional soccer to Central Iowa through the construction of a multi-use stadium in downtown Des Moines, aiming to revitalize the area and establish Iowa's inaugural professional men's and women's soccer teams.

Real Estate Projects: Through its subsidiary Krause+, the company is involved in developing sustainable commercial and residential properties, integrating community, culture, and economic potential into enduring spaces.

Technological Platform and Innovation

Krause Group emphasizes sustainability and innovation across its operations:

Renewable Energy Integration: Implementing solar panels at its Italian office, generating over half of the electricity on-site, with the remainder sourced from certified renewables.

Sustainable Building Practices: Adhering to green building standards such as Leadership in Energy and Environmental Design (LEED) certification to minimize environmental impact and improve energy efficiency.

Leadership Team

Kyle J. Krause: Founder and CEO, with over two decades of experience in soccer team ownership and a background in expanding the family-owned convenience store chain, Kum & Go.

Tanner Krause: CEO of Kum & Go prior to its sale in 2023, contributing to the company's growth and strategic direction.

Leadership Changes

In June 2024, Krause Group appointed Holly Westervelt as Vice President of Sales, bringing over 30 years of experience in the insurance industry to lead the company's expanding agency division, The Krause Agency.

Competitor Profile

Market Insights and Dynamics

Krause Group operates in diverse industries, including sports management, hospitality, real estate, and agriculture. The global sports market is projected to reach $599.9 billion by 2025, with significant growth in soccer. The global luxury hospitality market is expected to grow at a CAGR of 4.3% from 2021 to 2028. The real estate sector continues to expand, driven by urbanization and sustainable development trends.

Competitor Analysis

Sports Management: Competitors include other professional soccer club owners and management groups focusing on team performance, fan engagement, and commercial partnerships.

Hospitality: Luxury hotel chains and boutique resorts emphasizing sustainability and unique guest experiences.

Real Estate: Developers and property management companies specializing in sustainable and community-focused projects.

Strategic Collaborations and Partnerships

Krause Group has engaged in several strategic collaborations:

Parma Calcio 1913: Ownership of the Italian soccer club, focusing on team development and international branding.

Vietti and Enrico Serafino Wineries: Acquisition of historic Italian wineries, promoting sustainable winemaking practices and expanding the company's presence in the luxury wine market.

Operational Insights

Krause Group's diversified portfolio allows it to leverage synergies across different industries, enhancing its market position. The company's commitment to sustainability and community engagement differentiates it from competitors, fostering strong brand loyalty and stakeholder trust.

Strategic Opportunities and Future Directions

Looking ahead, Krause Group aims to:

Expand Professional Soccer Presence: Through USL Pro Iowa, establish professional soccer teams in Central Iowa, tapping into the growing popularity of the sport in the United States.

Enhance Sustainable Practices: Continue integrating renewable energy solutions and green building standards across its real estate and hospitality ventures.

Strengthen Community Engagement: Maintain and expand philanthropic efforts, ensuring that at least 10% of profits are donated to community initiatives annually.

Contact Information

For more information, visit Krause Group's official website.

Krause Group maintains an active presence on social media platforms, including LinkedIn, Twitter, and Instagram, providing updates on company initiatives and community engagements.