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Private Equity
moreheadcapital.com

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Investments

2

Portfolio Exits

1

About Morehead Capital

Morehead Capital is a private investment firm based in Raleigh, North Carolina that manages the Morehead Opportunity Fund, a hybrid fund operating with certain distinct characteristics of both a hedge fund and a private investment partnership.The Morehead team focuses on accomplishing the following objectives: Investing capital alongside operators that we know and trust in sensible partnerships that present attractive rewards and acceptable risks; Adding incremental value to portfolio businesses through advice, access to networks, capital, and operational support; and Partnering with high-caliber individuals with whom we will enjoy working for many years to come.

Morehead Capital Headquarter Location

1101 Haynes Street Suite 108

Raleigh, North Carolina, 27604,

United States

919-827-8803

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Latest Morehead Capital News

Prometheus Group Wins Deal of the Year Award

Apr 8, 2014

2014 Prometheus Group Wins Deal of the Year Award Association for Corporate Growth Announces 2014 Award for Prometheus Group, TA Associates, and Morehead Capital RALEIGH, N.C., April 8, 2014 /PRNewswire/ -- Prometheus Group announced today that its minority recapitalization by TA Associates was named the 2014 Deal of the Year by the Raleigh Durham Chapter of The Association for Corporate Growth (ACG) at its Eleventh Annual Capital Conference at the Washington Duke Inn & Golf Club in Durham, NC. This award honors the company and the private equity groups involved in a significant transaction involving a North Carolina or South Carolina company during 2013. Prometheus Group delivers packaged software for Enterprise Asset Management across multiple industries, including oil and gas, chemical, utilities, life sciences, mining and asset-intensive manufacturing, with solutions deployed in the world's largest companies. Founded in 1998 and headquartered in Raleigh, Prometheus Group has offices in the UK, Netherlands, Brazil and Australia and continues to expand globally. Prior to its recapitalization by TA, Prometheus had partnered with Morehead Capital, a private investment firm based in Raleigh, since 2010. "We are honored to accept this award and are excited to be working with a premier private equity firm of the caliber of TA Associates," said Michael Ives, Chief Financial Officer for Prometheus Group. "The Prometheus partnership with TA delivers the deep industry expertise and resources required to extend the ability of Prometheus to deliver its solutions to a broad, global market. " Ashutosh Agrawal, Director at TA Associates, said, "Prometheus helps companies realize noticeable improvements in productivity and cost savings through a unified approach to enterprise asset optimization that drives competitive advantage for its customers. We welcome this award and the opportunity to partner with the Prometheus management team on the next phase of the company's growth. " Nate Edgerly, Partner at Morehead Capital, said, "We continue to be big supporters of Prometheus, and we are very proud to have played a role in their success. " About Prometheus Group Prometheus Group enables unified enterprise asset optimization through an integrated approach to planning, scheduling, work management and business analytics across routine and preventive maintenance, shutdowns/turnarounds, and production scheduling. Unlike our competition, our packaged software is easy to use, can be implemented in weeks and allows a business to quickly improve operational efficiency and the effectiveness of work processes to gain competitive advantage. For more information, visit www.prometheusgroup.com . About TA Associates TA Associates is one of the largest and most experienced global growth private equity firms. The firm has invested in more than 430 companies around the world and has raised $18 billion in capital. With offices in Boston, Menlo Park, London, Mumbai and Hong Kong, TA Associates leads buyouts and minority recapitalizations of profitable growth companies in the technology, financial services, business services, healthcare and consumer industries. More information about TA Associates can be found at www.ta.com . About Morehead Capital Founded in 2006, Morehead Capital is a private investment firm based in Raleigh, North Carolina that manages the Morehead Opportunity Fund, LP. The partners at Morehead Capital have over 50 years of combined experience in principal investing, financing, and operations. More information about Morehead Capital can be found at www.moreheadcapital.com . Press and Analyst Contact: Eric Baxley, VP of Marketing, 919-378-2213, ebaxley@prometheusgroup.com SOURCE Prometheus Group

Morehead Capital Investments

2 Investments

Morehead Capital has made 2 investments. Their latest investment was in Chop't Creative Salad as part of their Private Equity on January 1, 2013.

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Morehead Capital Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

1/15/2013

Private Equity

Chop't Creative Salad

$41.38M

Yes

1

7/4/2012

Series A

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$99M

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10

Date

1/15/2013

7/4/2012

Round

Private Equity

Series A

Company

Chop't Creative Salad

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Amount

$41.38M

$99M

New?

Yes

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Co-Investors

Sources

1

10

Morehead Capital Portfolio Exits

1 Portfolio Exit

Morehead Capital has 1 portfolio exit. Their latest portfolio exit was PlotWatt on November 15, 2018.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

11/15/2018

Acquired

2

Date

11/15/2018

Exit

Acquired

Companies

Valuation

Acquirer

Sources

2

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