Daily News: December 3, 2013

Fifth Street Arranges Facility for Moelis Capital’s OmniSYS Acquisition

Fifth Street Management announced that it arranged a $47 million one-stop financing facility and a $2 million equity co-investment to support Moelis Capital Partners’ acquisition of OmniSYS.

“We are delighted MCP chose us to lead this deal,” noted Juan Alva, a partner of Fifth Street, adding, “We look forward to strengthening our relationship even further in the years ahead.”

“Fifth Street demonstrated great flexibility throughout this transaction,” stated Andy Kieffer, a partner of Moelis Capital Partners, a New York-based private equity firm, adding, “Although the turnaround time frame was very tight, Fifth Street was able to quickly grasp our vision for OmniSYS and deliver on its financing commitment as promised.”

Dallas-headquartered OmniSYS offers a comprehensive product portfolio that streamlines medical claims management for Medicare, Medicaid and commercial insurance for pharmacies, HME/DME providers, managed care organizations and commercial retiree plans.

Moelis Capital Partners is a middle-market private equity firm founded in 2007 in connection with the formation of Moelis & Company, a global investment bank.