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 [...]
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.
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 [...]
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, [...]
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, [...]