Contact Information: Press: Anna Halloran Jacob Imperial Capital, LLC (310) 246-3675 ahalloranjacob@imperialcapital.com
Imperial Capital LLC Advises Odyssey Investment Partners on the Acquisition of Wencor Group LLC
| Source: Imperial Capital
LOS ANGELES, CA--(Marketwire - February 3, 2010) - Odyssey Investment Partners, LLC announced
yesterday the closing of the acquisition of Wencor Group LLC ("Wencor" or
the "Company"), the world leader in independent aircraft component Part
Manufacturer Approval ("PMA") (non-engine) parts. Imperial Capital acted as the
exclusive financial advisor to Odyssey Investment Partners, LLC.
Brian Zaumeyer, a Principal of Odyssey Investment Partners, LLC, said,
"Odyssey has a long track record of success in aviation. Wencor is a
leading player and a unique franchise in the growing PMA parts sector of
the aviation aftermarket. Imperial Capital's role in assisting us with this
transaction was critical to its success."
"This transaction demonstrates our continued ability to provide superior
solutions to the private equity community and the depth of our industry
expertise. Due to the positioning of our firm and evolving landscape in the
investment banking industry, we are becoming increasingly important to our
clients across the board," said Jason Reese,
Chairman and Chief Executive Officer of Imperial Capital. Robert Wagner, Managing Director of Imperial Capital's Aviation
Investment Banking practice, who led the engagement added, "This is a very
exciting transaction for both parties. It represents a big change at the
top of the exciting PMA parts sector of the aviation aftermarket."
About Imperial Capital, LLC
Imperial Capital, founded in 1997, is a
full-service investment banking firm with offices in Los Angeles, New
York, San Francisco, Boston, Houston and Minneapolis. The firm currently
employs over 170 professionals and offers a wide range of proprietary
products and services to institutional investors, middle market companies,
and private equity firms. Imperial Capital provides institutional clients
research and sales and trading of high yield and distressed debt
securities, bank debt, convertible bonds, preferred stocks, and equities.
The firm provides middle market companies and financial sponsors with
capital markets, merger and acquisitions, capital structure, restructuring
and recapitalization advisory services. More information about Imperial
Capital can be found at www.imperialcapital.com.
About Odyssey Investment Partners
Odyssey Investment Partners, LLC, with offices in New York and Los Angeles,
is a leading middle-market private equity firm with more than $2 billion
under management. Odyssey Investment Partners, LLC primarily makes
majority, control investments in established middle-market companies in a
variety of industrial and business services industries. For further
information about Odyssey Investment Partners, LLC, please visit
www.odysseyinvestment.com.
About Wencor
Wencor is a worldwide industry leader in the manufacture and delivery of
commercial aircraft parts. For over 50 years Wencor has been providing
proven parts and reliable service to customers around the globe. From OEM
to PMA parts, Wencor is committed to delivering superior value while
reducing aircraft maintenance costs. To learn more about Wencor, visit
www.wencor.com.
For more information regarding Imperial Capital or this transaction, please
contact: