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These are the first two acquisitions since affiliates of the private equity firm Stellex Capital Management LP (“Stellex”) acquired MHI Ship Repair in 2015. Middle market focus Hands-on investor with deep operational experience in our target industries 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. The Company also announced the appointment of Shankar Kiru as Managing Director and Andrew P. Arton as Director. Legal Disclosure Mill Rock Capital, … The acquisitions mark the first expansion of the MHI business, broadening both the range and geographic scope of services offered by the Company. Stellex is partnering with two industry veterans to assist with its plans: Ted Kennedy, who owns Pebble Hotels and was previously an MD in Whitbread’s managed pub division, and Billy Buchanan, chief executive of LT Management Services. Stellex’s focus is on middle-market companies going through business or industry transitions, as well as special situation opportunities. Perform Search. Page 1 of 0. Police said the shooting happened on Dolby Drive around 11:20 p.m. CA Privacy Policy 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 company focuses 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’s focus is on middle-market 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. AME, also headquartered in Norfolk, VA, performs work primarily across the East Coast of the U.S., including Virginia and Florida. 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. US Privacy Policy. Stellex Capital soars past Fund II hard cap to reach $1.775bn... Mike Didymus-September 9, 2020. NEW YORK-- (BUSINESS WIRE)-- Stellex Capital Management (“Stellex”), a middle market private equity firm with offices in New York and London, announced today that its … Seaward is a leading provider of underwater hull cleaning and ship husbandry services, including underwater painting, inspections, repairs and maintenance, testing, and other specialized diving services, primarily to the U.S. Navy, as well as other commercial and government customers. The terms of the deal were not disclosed. AME has a water front facility on the Elizabeth River complete with a 350’+ pier and state of the art water treatment plant. 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 … 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 … 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. Your Email: Join Today. Company profile page for Stellex Capital Management LP including stock price, company news, press releases, executives, board members, and contact information Sign in Latest News Stellex seeks to identify and deploy capital in opportunities that have the potential to provide stability, improvement and growth. Headquartered in New York City, Stellex invests in middle-market companies. Dominion Hospitality is an affiliate of Stellex Capital Management, a private equity group that invests in middle market companies in North America and Europe. Call: +1 248 971 7000 View breaking sovereign wealth fund and investment news. Stellex Capital Management was founded in 2014 and is based in New York, United States. MHI’s shipyard and full service pier is located in Norfolk, Virginia. 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. SWFI has 11 transactions available for CSV Export. Global investment firm The Carlyle Group (NASDAQ: CG) and private equity firm Stellex Capital Management today announced they have closed … 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 … Call: +44 (0) 20 3734 7775 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. November 2, 2016 – Dominion Hospitality has acquired the Chapman Group, which owns and manages 28 hotels and pubs in the south of England. Call: +1 212 710 2323 These are the first two acquisitions since affiliates of the private equity firm Stellex Capital Management LP (“Stellex”) acquired MHI Ship Repair in 2015. Over the last 20 years, AME grew into one of the largest employee owned and operated environmental service companies in Norfolk. London W1K 1AN United Kingdom Morning! Stellex Capital Management has soared to a impressive final close for its sophomore fundraise, beating its initial $1.25bn target by more than $500m. Stellex Capital 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. Tony Braddock is Chief Financial Officer at Stellex Capital Management LP. Stellex’s focus is on middle-market companies going through business or industry transitions, as well as special situation opportunities. Stellex is a private equity manager that invests in and oversees US 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. ... Get the latest PE News & Research delivered to your inbox every morning. Call: +1 212 710 2323 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. 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. View in google maps, 11 Stanhope Gate, 5th Floor 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 … Search news stories. Subscribe Now. About Stellex Capital Management LP Stellex Capital is a private equity manager that invests in and oversees U.S. and European corporate assets. Stellex Capital is seeking to raise $1.75 billion for its second fund, according to an SEC filing. 1 shot and killed in south Columbus. Stellex Capital is a private equity manager that invests in and oversees U.S. and European corporate assets. 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 … London W1K 1AN United Kingdom NORFOLK, Va. – March 31, 2017 – MHI Holdings, LLC (“MHI”) announced today that it has completed the acquisitions of Seaward Marine Services, Inc. (“Seaward”) and Accurate Marine Environmental, Inc. (“AME”). 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 acquisition is focused on providing growth capital and resources to expand Dominion’s presence in the U.K. Both Seaward and AME will continue to be run by their respective management teams. Call: +44 (0) 20 3734 7775 Search news stories. Legal Disclosure Crime. Stellex Capital Management LLC (Stellex Capital Management) is a Asset Manager located in New York, NY United States, North America. View in google maps, 11 Stanhope Gate, 5th Floor 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. The Ann Arbor office is the result of Stellex's ties with the automobile industry and the local deal community. Stellex Capital Management, a New York private-equity firm, is the potential buyer, according to sources. Global investment firm The Carlyle Group (NASDAQ: CG) and private equity firm Stellex Capital Management today announced they have closed … Perform Search. Stellex seeks to identify and deploy capital in opportunities that have the potential to provide stability, improvement and growth for its portfolio companies. See Tony Braddock's compensation, career history, education, & memberships. Get News Stories Delivered to Your Inbox. Mill Rock Capital, launched by Christopher Whalen and Adi Pekmezovic, is suing Stellex Capital Management for allegedly stealing its intellectual property, according to the lawsuit. ... News; Searched "Stellex Capital Management" Current News. Email: rscampoli@marketcompr.com, 900 Third Avenue, 25th FloorNew York, NY 10022, United States The Latest News and Updates in brought to you by the team at NBC4 WCMH-TV: In October of 2018, the company was acquired by Stellex Capital Management, a private equity firm that invests in middle-market companies in North America and … 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. View in google maps, 315 E. Eisenhower Parkway, Suite B06Ann Arbor, MI 48108, United States 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. Headquartered in Norfolk, VA, and supported by additional locations in California, Florida, Hawaii, and Japan, Seaward’s team of highly-trained professional divers has consistently delivered mission-critical support services around the globe for more than 35 years. NEW YORK-- (BUSINESS WIRE)-- Stellex Capital Management (“Stellex”), a middle market private equity firm with offices in New York and London, announced today that its … The Company also announced the appointment of Shankar Kiru as Managing Director and Andrew P. Arton as Director. Stellex Capital soars past Fund II hard cap to reach $1.775bn final close September 9, 2020 Stellex Capital Management has soared to a impressive final close for its sophomore fundraise, beating its initial $1.25 Sorry, you need to subscribe to read this article. Page 1 of 0. About Stellex Capital Management Stellex is a private equity manager that invests in and oversees U.S. and European corporate assets. CA Privacy Policy EU Privacy Policy They will be based in the Ann Arbor office. 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. Stellex seeks to identify and deploy capital in opportunities that have the potential to provide stability, improvement, and growth for its portfolio companies. 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. ... News; Searched "Stellex Capital Management" Current News. View in google maps, © Stellex Capital Management LLC 2020 Lawsuit: Two emerging managers are involved in a legal fight even as one of them is trying to raise its second fund. This site uses cookies to ensure the best experience. Seaward has delivered mission critical support to the U.S. Navy for over 35 years out of its Norfolk-based headquarters and offices in Florida, California, Hawaii and, Japan. Over 2,000 financial and investment articles to read with new content added every day. 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. Columbus' Leading Local News: Weather, Traffic, Sports and more in Columbus, Ohio. US Privacy Policy. Ted Kennedy will serve as Chairman for Dominion and LT Management Services has been appointed to provide the front and back office support. EU Privacy Policy Call: +1 248 971 7000 AME was founded in 1994 and rapidly became a leader in the Hampton Roads area as an environmental service company providing marine and industrial tank and bilge cleaning services, environmental remediation, waste transportation and waste disposal services. Stellex Capital hires two and opens Ann Arbor office. Email: rscampoli@marketcompr.com, 900 Third Avenue, 25th FloorNew York, NY 10022, United States Contacts Media Rosalia Scampoli Marketcom PR 212.537.5177 ext. 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. We look forward to continuing to build the MHI platform while working with Tom and the team to grow each of its businesses.”. Stellex closed its debut fund in July 2017 with $870 million of capital. For more information on our firm or for general inquiries, please contact, Call: 212-537-5177 x7 Stellex’s focus is … The acquisitions mark the first expansion of the MHI business, broadening both the range and geographic scope of services offered by the Company. 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 … For … In addition, both acquisitions expand the geographic reach of the MHI organization outside the port of Norfolk, a key development in the growth of our Company.”, David Waxman, Managing Director at Stellex stated, “We believe these acquisitions are important steps to expanding MHI’s capabilities as one of the U.S. Navy’s leading ship repair contractors. The firm focuses on "middle-market … Stellex seeks to identify and deploy capital in opportunities that have the potential to provide stability, improvement, and growth for its portfolio companies. Tag: Stellex Capital. View in google maps, 315 E. Eisenhower Parkway, Suite B06Ann Arbor, MI 48108, United States Your Email: Join Today. Buyout. Stellex Closes Big Fund, Opens New Office September 10, 2020 No Comment Stellex Capital Management has closed Stellex Capital Partners II LP with total commitments of more than $1.77 billion and exceeding the fund’s original $1.25 billion target. The Company also announced the appointment of Shankar Kiru as Managing Director and Andrew P. Arton as Director. Get News Stories Delivered to Your Inbox. With $870 million of committed capital, Stellex’s focus is on companies going through business or industry transitions, as well as special situation opportunities. November 2, 2016 – Dominion Hospitality has acquired the Chapman Group, which owns and manages 28 hotels and pubs in the south of England. Dominion Hospitality is an affiliate of Stellex Capital Management, a private equity group that invests in middle market companies in … Ted Kennedy said, “This is an exciting opportunity with a great collection of businesses in an area I know really well. They will be based in the Ann Arbor office. View in google maps, © Stellex Capital Management LLC 2020 Stellex Capital. We have chosen experienced partners in Ted Kennedy and LT Management Services to help us with this project and future acquisitions.”, For more information on our firm or for general inquiries, please contact, Call: 212-537-5177 x7 Company profile page for Stellex Capital Management LP including stock price, company news, press releases, executives, board members, and contact information About Stellex Capital Management Stellex is a private equity manager that invests in and oversees U.S. and European corporate assets. View breaking sovereign wealth fund and investment news. Over 2,000 financial and investment articles to read with new content added every day. 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. Seeks to identify and deploy Capital in opportunities that have the potential buyer, according an. 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