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Moelis Capital Buys CyberCore Tech from Roark Capital

Posted on: July 11, 2011 by Luisa BeltranNo Comments »

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.

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MidCap Extends Credit Facilities to $900M Plus

Posted on: July 6, 2011 by cnolanNo Comments »

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

Posted on: April 21, 2011 by Luisa BeltranNo Comments »

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

Posted on: March 24, 2011 by Luisa BeltranNo Comments »

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.

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Huron Exits Quest Specialty Chemicals

Posted on: March 24, 2011 by cnolanNo Comments »

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.

Huron Sells Quest After Six Years, Makes 4.1x Original Investment

Posted on: March 23, 2011 by Luisa BeltranNo Comments »

After more than six years, Huron Capital has sold Quest Specialty Chemicals to Audax Group and Moelis Capital Partners.

Financial terms weren’t announced. Audax and Moelis will have 50-50 shared control, said Geoffrey Rehnert, Audax’s co-CEO, in an email response to questions.

Ted Yun Joins Moelis Capital Partners

Posted on: April 7, 2010 by PEHub AdministratorNo Comments »

Ted Yun has joined Moelis Capital Partners, the private equity unit of Moelis & Co., as a managing partner. He most recently was a founder of managing partner of West Hill Partners. He also has been with DLJ Merchant Banking and J.W. Childs.

Moelis, Virginia Capital Back New Insurer

Posted on: March 11, 2010 by PEHub AdministratorNo Comments »

Moelis Capital Partners and Virginia Capital Partners have backed Kinsale Capital Group and its launch of Kindsale Insurance Company Inc., a Richmond, Va.-based specialty insurance operation.