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Blackford Capital Acquires Medical Equipment Maker Mopec, Inc.
Date:6/6/2013

m and the growth of the business. Terry O'Rourke , former president of medical device manufacturer Aspen Surgical, will become the new CEO of Mopec. While at Aspen Surgical, O'Rourke helped grow the business from $25 million to $120 million in revenue over a six-year period, creating 500 new jobs.

"I look forward to working with Mopec's board, partners and staff to leverage the company's well-respect reputation, and to increase revenues and add jobs," said O'Rourke. "We expect great things from the future of our company and are proud to be a part of Blackford's vision for Michigan's future."

Comerica Bank and Northcreek Mezzanine provided financing for the transaction.

"We are excited to be partnering with Blackford Capital and new CEO Terry O'Rouke ," said Barry Peterson , managing partner of Northcreek Mezzanine. "We are confident the new leadership team will build upon the success of the founders, fostering continued growth and taking  the business to even higher levels."

Mopec's Board of Directors will consist of: Jeff Helminski , Blackford Capital managing director; Terry O'Rourke , CEO of Mopec; Tom Carroll , owner of Label Tape; Joel Carter , Blackford Capital operating partner and former owner of Orlando Recycling; Darren Frankel , principal at Stuart Frankel Development Company; Kathy Nagy , former CEO of Strategy Network; and Thomas Lozser, director of publicly traded Looser Holding AG and who currently sits on the board of Custom Profile, Inc., one of Blackford's portfolio companies. All of these individuals have strong ties to Michigan and represent Michigan's dept
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SOURCE Blackford Capital
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