Stellex’s focus is on middle-market companies going through business or industry transitions, as well as special situation opportunities. Perform Search. Mill Rock Capital, … EU Privacy Policy Sign in Latest News Call: +1 212 710 2323 Search news stories. Email: rscampoli@marketcompr.com, 900 Third Avenue, 25th FloorNew York, NY 10022, United States Headquartered in Norfolk, VA with nearly 500 employees, MHI is a major marine repair and conversion contractor serving Commercial ship owners, the U.S. Navy, Military Sealift Command and Maritime Administration and operators worldwide. AME, also headquartered in Norfolk, VA, performs work primarily across the East Coast of the U.S., including Virginia and Florida. About Stellex Capital Management Stellex is a private equity manager that invests in and oversees U.S. and European corporate assets. Stellex Capital is a private equity manager that invests in and oversees U.S. and European corporate assets. We look forward to continuing to build the MHI platform while working with Tom and the team to grow each of its businesses.”. Stellex seeks to identify and deploy capital in opportunities that have the potential to provide stability, improvement, and growth for its portfolio companies. These additions to the MHI platform will allow us to better serve the needs of our customers both domestically and abroad.” Mr. Epley further commented, “Seaward and AME add capabilities that will augment MHI’s existing business, allowing the opportunity to bid on a wider variety of projects. The firm focuses on "middle-market … The acquisitions mark the first expansion of the MHI business, broadening both the range and geographic scope of services offered by the Company. The acquisition is focused on providing growth capital and resources to expand Dominion’s presence in the U.K. Stellex Capital hires two and opens Ann Arbor office. MHI’s shipyard and full service pier is located in Norfolk, Virginia. Ted Kennedy will serve as Chairman for Dominion and LT Management Services has been appointed to provide the front and back office support. Legal Disclosure Company profile page for Stellex Capital Management LP including stock price, company news, press releases, executives, board members, and contact information Tony Braddock is Chief Financial Officer at Stellex Capital Management LP. View in google maps, 315 E. Eisenhower Parkway, Suite B06Ann Arbor, MI 48108, United States The portfolio is being purchased from Chris and Delia Chapman who have built a strong business and have worked closely with Stellex for some time over the terms of the transaction, supported by Christie & Co, a leading specialist advisor for buying and selling pub businesses. Police said the shooting happened on Dolby Drive around 11:20 p.m. Stellex Capital Management is a private equity firm that invests in middle-market companies in North America and Europe through its offices in New York and London. Dominion Hospitality is an affiliate of Stellex Capital Management, a private equity group that invests in middle market companies in … Third-party logistics provider Weber Logistics has announced that Stellex Capital Management (Stellex), a middle-market private investment firm with significant transportation and logistics experience, has partnered with Weber’s management team in a recapitalization focused on accelerated expansion. Stellex Capital Management is a private equity manager that invests in and oversees U.S. and European corporate assets. With $870 million of committed capital, Stellex’s focus is on companies going through business or industry transitions, as well as special situation opportunities. The Company has earned their well-regarded reputation by providing accurate job pricing, reliability, quality and economical ship repair services to its clients for over 33 years. For more information on our firm or for general inquiries, please contact, Call: 212-537-5177 x7 Stellex Capital is seeking to raise $1.75 billion for its second fund, according to an SEC filing. The Company also announced the appointment of Shankar Kiru as Managing Director and Andrew P. Arton as Director. Call: +1 248 971 7000 Founded in 1972, Seaward is a leading provider of underwater hull cleaning, inspection, and repairs to the U.S. Navy and Commercial clients including underwater welding and painting. Stellex Capital Management ("Stellex"), a middle market private equity firm with offices in New York and London, announced today that it has opened an office in … View in google maps, 315 E. Eisenhower Parkway, Suite B06Ann Arbor, MI 48108, United States Call: +44 (0) 20 3734 7775 With the right investment and resources, the Chapman Group represents a significant growth opportunity in the coming years.”, Karthik Achar, Partner of Stellex’s European office, said: “We have evaluated a number of portfolios in the UK hospitality sector over the past 18 months and believe that the Chapman Group provides us with a solid platform for growth, given its strong market presence and team of managers. Stellex seeks to identify and deploy capital in opportunities that have the potential to provide stability, improvement and growth. Stellex Capital Management, a New York private-equity firm, is the potential buyer, according to sources. See Tony Braddock's compensation, career history, education, & memberships. Stellex Capital Management ("Stellex"), a middle market private equity firm with offices in New York and London, announced today that it has opened an office in Ann Arbor, Michigan. AME performs bilge and tank cleaning, chemical cleaning, gas free engineering, and the removal of hazardous and non-hazardous materials for the U.S. Navy and commercial industries. Midmarket-focused Stellex Capital Management aims to more than double its investment assets by raising more than $1 billion for its second flagship vehicle and plans to … Tom Epley, Chief Executive Officer of MHI, commented, “Both Seaward and AME are world-class businesses that we have worked with and respected for many years. NEW YORK-- (BUSINESS WIRE)-- #automotive--Stellex Capital Management (“Stellex”), a middle market private equity firm with offices in New York and London, announced today that it has opened an office in Ann Arbor, Michigan. Accel-KKR, Bain, Neuberger Berman and Stellex Capital are raising capital, according to SEC filings August 7 TPG Pace Beneficial Finance Corp ., a special purpose acquisition company, agreed to acquire EV Charged BV, a unit of French utility Engie … Over 2,000 financial and investment articles to read with new content added every day. This site uses cookies to ensure the best experience. View breaking sovereign wealth fund and investment news. New York and London, May 24, 2017 —Stellex Capital Management (“Stellex”), a middle market private equity firm with offices in New York and London, today confirmed its participation in the recapitalization of AFGlobal Corporation (the “Company”) as part of a new ownership group that has committed $120 million of new capital to the Company. Call: +44 (0) 20 3734 7775 Stellex Capital soars past Fund II hard cap to reach $1.775bn... Mike Didymus-September 9, 2020. ... News; Searched "Stellex Capital Management" Current News. Legal Disclosure Page 1 of 0. Email: rscampoli@marketcompr.com, 900 Third Avenue, 25th FloorNew York, NY 10022, United States Stellex is a private equity manager that invests in and oversees US and European corporate assets. Company profile page for Stellex Capital Management LP including stock price, company news, press releases, executives, board members, and contact information I’m looking forward to working with the team to build on past successes and on new opportunities.” Billy Buchanan added, “We are delighted to be involved in the acquisition and management of this portfolio, especially with the variety of units contained within it. Subscribe Now. Stellex’s focus is on middle-market companies going through business or industry transitions, as well as special situation opportunities. Stellex Capital Management is a private equity manager that invests in and oversees U.S. and European corporate assets. Stellex Capital Management (“Stellex”), a middle market private equity firm with offices in New York and London, announced today that it has opened an office in Ann Arbor, Michigan. Stellex’s focus is on middle-market companies going through business or industry transitions, as well as special situation opportunities. Stellex Capital is a private equity manager that invests in and oversees U.S. and European corporate assets. London W1K 1AN United Kingdom Over 2,000 financial and investment articles to read with new content added every day. NEW YORK & LONDON--(BUSINESS WIRE)--Stellex Capital Management(“Stellex”), a middle market private equity firm with offices in New York and London, announced today it … Ted Kennedy said, “This is an exciting opportunity with a great collection of businesses in an area I know really well. CA Privacy Policy These are the first two acquisitions since affiliates of the private equity firm Stellex Capital Management LP (“Stellex”) acquired MHI Ship Repair in 2015. Stellex Capital Management ("Stellex"), a middle market private equity firm with offices in New York and London, announced today that it has opened an office in Ann Arbor, Michigan. For … View breaking sovereign wealth fund and investment news. Stellex’s focus is on middle-market companies going through business or industry transitions, as well as special situation opportunities. They will be based in the Ann Arbor office. About Stellex Capital Management Stellex is a private equity manager that invests in and oversees U.S. and European corporate assets. Dominion Hospitality is an affiliate of Stellex Capital Management, a private equity group that invests in middle market companies in North America and Europe. CA Privacy Policy The terms of the deal were not disclosed. They will be based in the Ann Arbor office. 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