Moelis Capital Partners buys PATS

Moelis Capital Partners has acquired PATS Aircraft Systems. No financial terms were disclosed. Based in Georgetown, Delaware, PATS is an aircraft services provider.


Moelis Capital Partners backs SwipeClock

Moelis Capital Partners has acquired a stake in SwipeClock. No financial terms were disclosed. Mike Caldwell, founder and chief technology officer of SwipeClock, will retain an ownership stake in the company. In conjunction with the funding, MCP’s Kurt Larsen and Greg Share have been named to the firm’s board of directors. Also, SwipeClock has appointed Coleman Barney as CEO. Headquartered in Salt Lake City, SwipeClock is a provider of timekeeping solutions for the payroll sector.


North American Partners in Anesthesia (NAPA), a specialty anesthesia and perioperative management company has announced New Jersey Anesthesia Group has joined NAPA. In April 2011, Moelis Capital Partners led a recapitalization of NAPA’s practice management company, providing the company with the ability to pursue growth opportunities and maintain its leadership position in the expanding anesthesia management market.

Hawthorne Acquires FBO Rights for Chicago Airport

Hawthorne Global Aviation Services has acquired the development rights from Sovereign Development Group, for a Fixed Based Operator at Chicago Executive Airport. Hawthorne Global Aviation Services, headquartered in Charleston, SC, is a provider of general aviation services. Moelis Capital Partners and Hawthorne Corporation formed Hawthorne in 2010 to pursue an FBO acquisition strategy. MCP provides the company with strategic advice.

Admiral Donald Joins Moelis Capital as Executive Advisor

Moelis Capital Partners, the PE arm of Moelis & Co., said Wednesday it appointed Retired Admiral Kirkland Donald as an executive advisor focusing on aerospace, defense and energy investments. Admiral Donald was most recently director of the Naval Nuclear Propulsion Program.

Mezz Shop Plots $500M Fund III

Arrohead Mezzanine is seeking $500 million for its latest fund, its first since spinning out of Gleacher & Co. , as sponsor use of sub debt is on the rise.

Quest Appoints President and CEO

Quest Specialty Chemicals, a portfolio company of Audax Group and Moelis Capital Partners, has appointed Doug Mattscheck as president and chief executive officer, effective May 29th. Fred Quinn, Quest’s co-founder and chief executive officer, will continue as chairman of the board of directors and Gerry Loftus, Quest’s co-founder and chief operating officer, will join Quest’s […]

Mxi Technologies Appoints New Board

Mxi Technologies, a provider of aviation maintenance management software, has appointed a new board of directors. As part of the acquisition of the company by Moelis Capital Partners, Kurt Larsen, Greg Share, and Jim Johnston of MCP, will replace the existing board members. PRESS RELEASE Mxi® Technologies, the leader in aviation maintenance management software, announced […]

Moelis Capital Partners’ Hawthorne Acquires ExcelAire

Hawthorne Global Aviation Services has acquired ExcelAire, an aircraft charter and management company based at MacArthur Airport in Ronkonkoma, New York. Moelis Capital Partners and Hawthorne Corporation formed Hawthorne Global Aviation Services in November of 2011 and Moelis Capital Partners, alongside its equity investment, provides the company with strategic advice. PRESS RELEASE Hawthorne Global Aviation […]

Moelis Capital Names Florjancic and Murphy Executive Advisors

Moelis Capital Partners, the PE arm of Moelis & Co., has appointed Frederick J. Florjancic, Jr. and Jim Murphy as Executive Advisors. Florjancic was most recently CEO of Safety-Kleen and will focus on industrial and services-related investments. Murphy, who was previously CEO of American Safety Razor and Personal Care Group, will focus on consumer-related opportunities, Moelis says.

Moelis Capital Buys Flightstar Aircraft

Moelis Capital Partners, the PE arm of Moelis & Co., has bought Flightstar Aircraft Services. Financial terms weren’t announced. Jacksonville, Fla.-based Flightstar provides maintenance, repair and modification services to operators of transport category aircraft.

Moelis Capital Adds Corbett as Operating Partner

Moelis Capital Partners, the private equity business of Moelis & Co., has added Doug Corbett as an operating partner. Corbett was most recently executive partner at Apta Capital. In his new role, he will focus on consumer-related investments. Moelis Capital is a middle-market private equity firm.

Moelis Capital Buys CyberCore Tech from Roark Capital

Moelis Capital Partners, the PE arm of Moelis & Co., said Monday that it has acquired CyberCore Technologies. Financial terms weren’t announced. Roark Capital was the seller. Elkridge, Md.-based CyberCore provides IT services to the federal government and intelligence community. FBR & Co. acted as financial advisor to MCP. SunTrust Robinson Humphrey, RBS Citizens and Bank of America provided senior debt financing and Hancock Capital Partners Investment Management provided the mezzanine financing.

MidCap Extends Credit Facilities to $900M Plus

MidCap Financial, a commercial finance company backed by Genstar Capital, Lee Equity Partners, and Moelis Capital Partners, has extended and renegotiated its four primary credit facilities to now exceed $900 million. The company launched in September 2008, and focuses on middle market healthcare finance. The company is based in Bethesda, Maryland.

Moelis Capital Names Leeming Head of Business Development

Moelis Capital Partners said Thursday that it has appointed Lex Leeming as head of business development based in New York. Leeming will source and qualify public and proprietary investments. Previously, Leeming was a principal with Park Avenue Equity Partners.

Moelis Capital Names Hill An Operating Partner

Moelis Capital Partners said Thursday that Barbara Hill has been appointed an operating partner. Hill was most recently CEO of ValueOptions. She will focus on healthcare-related investments, and provide strategic and operating support to Moelis Capital’s healthcare portfolio companies. Moelis Capital is the PE arm of Moelis & Co.

Huron Exits Quest Specialty Chemicals

Huron Capital has exited its investment in Quest Specialty Chemicals, earning 4.1x its original investment, the firm said. Huron exited as Quest was recapitalized by Audax Group, Moelis Capital Partners, and Quest management. Terms of the deal were not released. Huron invested in Quest from The Huron Fund II LP, a $185 million fund raised in 2005.

PEHUB Community

Join the 12505 members of peHUB to make connections, share your opinion, and follow your favorite authors.

Join the Community

Look Who’s Tweeting

PE HUB News Briefs

RSS Feed Widget

VCJ Headlines (subscribers only)

RSS Feed Widget

Buyouts Headlines (subscribers only)

RSS Feed Widget

Reuters VC and PE feed

RSS Feed Widget