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Moelis Expands Aviation Portfolio

Moelis Capital Partners recently bought Mxi Technologies, a company that develops software to help aircraft companies manage plane maintenance, marking the buyout firm’s third platform in the aviation market and the latest in a flurry of private equity deals in the sector in recent months. Terms of the deal weren’t released, though a source told Buyouts New York-based Moelis Capital completed the transaction for less than $100 million.