Moelis & Company
399 Park Avenue, 4th Floor, New York, NY, 10022, United States
Overview
Moelis & Company is a leading global independent investment bank that provides innovative strategic advice and solutions to a diverse client base, including corporations, governments, and financial sponsors. The firm assists its clients in achieving their strategic goals by offering comprehensive integrated financial advisory services across all major industry sectors. Moelis & Company’s experienced professionals advise clients on their most critical decisions, including mergers and acquisitions, recapitalizations and restructurings, capital markets transactions, and other corporate finance matters. The Firm serves its clients from 19 geographic locations in North and South America, Europe, the Middle East, Asia, and Australia.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 9
Sector focus
- Banking
- Finance
- Financial Services
Investment portfolio
- Locqus
Participated · Equity · Oct 2014
Locqus offers a two-part platform—a time clock with payment processing and a web-based interface for customer tracking, employee management and job assignment—plus iOS and Android apps for field technicians. The product targets small and medium service businesses such as plumbers, handymen, landscapers and other trades, and the company trialed its service with 100 businesses ranging from two to 40 employees. The service is free for those tracking two teams of 20 employees each; SMS customer alerts and payment processing are available for $12 per user. Locqus launched after 18 months of development and is operating with a 16-person team out of Detroit’s Madison Block. Strategic partnerships include Samsung (the Locqus app is part of Samsung’s Galaxy Essential app pack) and payment processor Moneris, which will provide on-site payment processing and marketing access to its ~350,000 business customers. The company plans to offer in-app consumer financing by the end of Q1 2015 to enable on-the-spot financing for large purchases and installations.