Blog

ACL Airshop Announces Worldwide Expansion Plans
  In partnership with Steve Townes of Ranger Aerospace, Azalea Capital’s SC-based investment, ACL Airshop, will continue its global expansion by adding 7 new service hubs and repair stations in 2017. Read more – http://finance.yahoo.com/news/acl-airshop-announces-worldwide-expansion-230900841.html.
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UBJ profiles Azalea Operating Executive, Michelle Higdon
  Michelle Higdon, who is an Azalea Capital Operating Executive and Executive Chairman of Jones Naturals, shares her entrepreneurial story with the Upstate Business Journal. http://upstatebusinessjournal.com/news/animal-magnetism-passion-animals-michelle-higdon-guides-founders-next-level/      
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Ranger Aerospace Wins “Deal of the Year” Award for ACL Airshop
GREENVILLE, S.C., Nov. 15, 2016 /PRNewswire/ – Ranger Aerospace, a private equity consolidator and management holding company specialized in aviation deals since 1997, has won the M&A Middle Market Private Equity Deal of the Year Award, by The M&A Advisor international financial publication. The award, presented in New York on Nov. 9th, is for Ranger’s acquisition of ACL Airshop, a worldwide company headquartered in South Carolina, and with service operations at more than 30 of the world’s top fifty air cargo hub airports. Ranger Aerospace and […]
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Azalea Capital Invests in Jones Natural Chews
  May 24, 2016: Azalea Capital is pleased to announce The Azalea Fund IV, L.P.’s recent investment in Jones Natural Chews (“JNC”) in partnership with Michelle Higdon, an experienced Consumer Products executive. The existing management team will continue on with the company and Laura Jones has been named its President. JNC is a manufacturer of premium, all-natural dog treats and chews sold through pet, farm, hardware, and other retail stores nationally, including Tractor Supply, Blain’s Farm and Fleet, and others. All of the […]
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Azalea Capital Invests in ACL Airshop
  March 30, 2016: Azalea Capital is pleased to announce The Azalea Fund IV, L.P.’s recent investment in ACL Airshop in partnership with Steve Townes of Ranger Aerospace.  The existing management team at ACL will continue to pursue their global growth initiatives led by Tony Morgan, CEO. To complete the transaction,  Azalea invested alongside Argosy Private Equity, Balance Point Capital Partners, and ORIX Mezzanine & Private Equity. Founded in 1983, ACL Airshop manufactures air cargo nets, straps and assemblies and sells, leases and repairs air […]
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Airco Power Services, Inc. (et al.) Resolves Legal Claims
Airco Power Services, Inc. (et al.) Resolves Legal Claims Effective January 5, 2016, all claims and counter claims between Airco Power Services, Inc. (et al) and Bartlett Holdings, Inc. (et al) have been dismissed in the Superior Court of Chatham County, GA.   <— Back to News
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Azalea Capital Hires Barbara Anderson as Controller & CCO
  April 27, 2015:  Azalea Capital is pleased to announce that Ms. Barbara Anderson has recently joined the firm as Controller and Chief Compliance Officer. Ms. Anderson is a CPA, who will be responsible for financial reporting, risk management, and the oversight of all regulatory compliance for Azalea and its investment partnerships. Prior to Azalea, Ms. Anderson spent the majority of her 25 year career in the New England area with KPMG, Xerox, and Starwood Capital Group. She has served as […]
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Azalea Capital Invests in InTech Aerospace
  April 16, 2015: Azalea Capital is pleased to announce The Azalea Fund IV, L.P.’s recent investment in InTech Aerospace through the holding company, Ranger Aerosystems, LLC (Ranger).  InTech Aerospace is a leading maintenance, repair and overhaul (MRO) company specializing in commercial and military airplane interiors and components. Azalea Capital partnered with Argosy Capital, Mr. Steve Townes, Ranger’s CEO, and InTech’s existing management team in this investment. InTech Aerospace is headquartered in Houston, Texas.  The company was founded in 1998, and […]
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Azalea Capital Sells ETAK Systems, Inc.
  February 4, 2015: Azalea Capital is pleased to announce the sale of ETAK Systems, Inc. to a private investor group led by Mosaic Capital Partners, LLC and management.   ETAK Systems, based in Charlotte, NC, is a leading service provider to national wireless communication carriers providing maintenance and installation services on key network infrastructure throughout the U.S.Lee Priest, CEO of ETAK, stated, “We have enjoyed a successful relationship with Azalea in recent years as we have grown ETAK into an […]
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Azalea Capital Announces Promotions
  October 23, 2014: Azalea Capital is pleased to announce that Mr. Ben C. Wallace has been named a Partner and Mr. M. William (Will) Lucas has been named a Senior Associate. Mr. Wallace is a 1997 graduate of Davidson College where he received his B.A. degree in Psychology. After spending several years in Washington, D.C. on the staff of Senator Strom Thurmond and in private business, Mr. Wallace attended the Owen Graduate School of Management at Vanderbilt University where he […]
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