Business

Hall Capital sells Nashville Music Row Development for $78.5M

OKLAHOMA CITY (September 23, 2021) – Oklahoma City-based Hall Capital – operating through its Nashville real estate development company Hall Emery – recently closed on the sale of its Music Row development known as “18th & Chet.”   The sale price of $78.5 million, which equals $577 per square foot, was one of the highest in Nashville history for an office building.  The price per square foot is above replacement cost for a Class A office building in Nashville.

The building was developed by Hall Capital and Hall Emery, opened in 2019, and features 136,000 square feet of office space.   The purchaser was AEW Capital Management.

Hall Capital is known in Oklahoma City for its development of East Wharf and the West Village / 21c Museum Hotel / Jones Assembly initiative in west downtown.   In addition to the 18th & Chet project in Nashville, Hall Capital and Hall Emery are currently constructing a similar building, also on Music Row, known as “17th & Grand.”   Hall Capital’s real estate portfolio also includes a $75 million acquisition fund, launched in 2019.  Hall Capital has real estate holdings in Oklahoma, Tennessee, Georgia, Florida, Texas, Alabama and South Carolina.

“This was an exciting project for us, we’re very proud of how 18th & Chet raised the bar in Nashville,” said Hall Capital Chairman & CEO Fred J. Hall.  “We’re also excited about the sale and look forward to great success on our 17th & Grand building as well.”

About Hall Capital

Hall Capital is a family-owned private investment company with offices in Oklahoma City, Nashville, Chicago, Dallas and Tulsa.  Its roots extend back to legendary automotive pioneer Fred Jones’ first enterprise in 1920.   Today, led by Jones’ grandsons – Fred Hall, Kirkland Hall, and Brooks “Boots” Hall, Jr. – Hall Capital is home to a diversified collection of business interests focused on automotive, real estate and private investment.  The company continues a long legacy of service to the community through the Fred Jones Family Foundation.   For more information, visit hall-capital.com.

Oklahoma City’s Hall Capital closes real estate fund at $75 million

OKLAHOMA CITY (September 15, 2020) – Oklahoma City-based Hall Capital recently closed its latest real estate fund, Hall Capital Real Estate Fund II, LP (RE II) at $75 million, making it the largest of its real estate funds to date. The fund will target acquisitions of income-producing multi-tenant office and industrial properties located in the southeast and southwest United States. The fund has already made its first acquisition, an office building in Charleston, S.C.Fred Hall, chairman and CEO of Hall Capital, noted that RE II continues the principles that have made past Hall Capital funds successful.  

“In every fund we’ve ever done, we are one of the largest investors on the same terms as all other investors,” said Fred Hall. “We are investors, first and foremost; we don’t pursue deals unless we are willing to invest our own money. That philosophy has been a core principle of our company for the last 100 years, and we won’t deviate the next 100 years.”

Kirk Hall and Clay Moss of Hall Capital will manage RE II, as they did with the company’s previous real estate fund. They will be assisted by members of the Hall Capital team working out of offices in Oklahoma City, Nashville, Chicago, Tulsa and Dallas.

“We look at many real estate deals before we choose the ones we pursue, and that conservative approach is why our first real estate fund was successful,” said Kirk Hall, vice chairman and CFO. “Ideally, we look for office and industrial investments in the $15-40 million-dollar range that have good operating history. Oklahoma, Texas, Tennessee and the Carolinas will be our main markets, but we look at all markets in the southeastern and southwestern U.S.”

“If we could find more warehouses like ours located in OKC, we would be thrilled for this fund to invest in buildings identical to them. Newer buildings, great locations and existing tenants that can stand the test of time are investments we like to make,” said Clay Moss, managing director and COO of real estate.

This is Hall Capital’s fourth independent investment fund launched since 2006 and the second that is focused on real estate. The company’s previous real estate fund closed at $60 million in 2014 and has deployed all of its capital.

About Hall Capital

Hall Capital is a family-owned private investment company with offices in Oklahoma City, Nashville, Chicago, Dallas and Tulsa. Its roots extend back to legendary automotive pioneer Fred Jones’ first enterprise in 1920. Today, led by Jones’ grandsons – Fred Hall, Kirkland Hall, and Brooks “Boots” Hall, Jr. – Hall Capital is home to a diversified collection of business interests focused on automotive, real estate and private investment. The company continues a long legacy of service to the community through the Fred Jones Family Foundation. For more information, visit hall-capital.com.

Bill Hagerty Rejoins Hall Capital

NASHVILLE, Tenn. (Nov. 5, 2019) – Hall Capital, a family-owned private investment company, announced that successful businessman and diplomat Bill Hagerty has renewed his relationship with the company.  Hagerty was previously a member of the Hall Capital board prior to his recent tenure as the United States Ambassador to Japan.

Hagerty will become a member of Hall Capital’s automotive / private investment board.  Hall Capital’s automotive affiliate, The Fred Jones Companies, has a century of history in the automotive industry. Today, its portfolio includes Fred Jones Enterprises, JAC and Modineer.

“We’re thrilled to welcome Bill Hagerty back to Hall Capital,” said Fred Hall, Chairman and CEO of Hall Capital. “We have a track record of supporting public service and we were proud that Bill had the opportunity to serve our nation so well in Japan.  Having said that, we’re glad he is back and can again share his business acumen with us. Hall Capital has a strong commitment to Tennessee, and working with a champion for Tennessee like Bill only enhances that mission.”

Hall Capital is a family-owned company with an office on Music Row and deep ties to Nashville.  Brothers and senior executives Fred and Kirkland Hall are active Vanderbilt alumni; real estate affiliate Hall Emery – led by longtime Nashville developers Pat Emery and David Wells – is developing multiple Nashville projects; and notable Nashville leaders T. Clark Akers, Will Alexander, and Moore Rhett all serve in the company’s leadership.

Hagerty served in the cabinet of Tennessee Governor Bill Haslam as the Commissioner of Department of Economic and Community Development until 2015, where he was also responsible for the Tennessee Film Entertainment and Music Commission. He began his career with The Boston Consulting Group and later served on the White House staff. Hagerty then joined Trident Capital and subsequently formed his own private equity firm, Hagerty, Peterson & Company. He has served on both private and public company boards, including Nashville-headquartered Pinnacle Financial Partners (NASDAQ:PNFP), and Ryman Hospitality Properties (NYSE: RHP). Hagerty earned both graduate and undergraduate degrees from Vanderbilt University.

“I am pleased to rejoin my friends at Hall Capital,” said Hagerty. “The Hall family has demonstrated a deep commitment to Tennessee and their investments here are only going to multiply.  I have a long relationship with the Hall family, I have a great deal of respect for their integrity, and I look forward to partnering with them to further grow Tennessee’s economy.”

Hagerty led Tennessee’s economic development efforts during the first term of the Haslam administration. During that time, Tennessee was named the top state in the nation for foreign direct investment by the IBM Institute of Business Value and the two-time “State of the Year” by Business Facilities magazine.

About Hall Capital

Hall Capital is a family-owned private investment company with offices in Nashville, Oklahoma City, Chicago, Dallas and Tulsa.  Its roots extend back to legendary automotive pioneer Fred Jones’ first enterprise in 1920.   Today, led by Jones’ grandsons – Fred Hall, Kirkland Hall, and Brooks “Boots” Hall, Jr. – Hall Capital is home to a diversified collection of business interests focused on automotive, real estate and private investment.  The company continues a long legacy of service to the community through the Fred Jones Family Foundation.   For more information, visit hall-capital.com.

Hall Capital and Spectrum|Emery Join Forces to Form Powerhouse Real Estate Company, Hall Emery

New company to forge investment, development opportunities throughout the U.S. Southeast and Southwest

 

NASHVILLE, Tenn. (Oct. 11, 2017) – Oklahoma City-based Hall Capital Commercial Real Estate, a privately-held real estate investment firm, and Spectrum|Emery, an industry leading real estate development company, have united to form Hall Emery, a full-service real estate development and investment firm. The firm will focus on acquiring and developing office, industrial and mixed-use assets throughout the Southeastern and Southwestern United States, and will continue to provide best-in-class commercial services to select owners inside and outside of the Hall Emery portfolio.

Hall Emery combines the investment insight, experience and capabilities of Hall Capital Commercial Real Estate with the 30-year development experience and best-in-class operating platform that Pat Emery and team have built over the years, most recently with Spectrum|Emery.

“Our real estate team has worked closely with Pat Emery and his entire organization as an investment partner on complex and transformative real estate deals in Middle Tennessee, and our talents and capabilities together are both unique and unmatched in our industry,” said Fred Hall, Chairman and CEO of Hall Capital, and Chairman of Hall Emery. “The investment expertise and resources we’re able to provide, coupled with Spectrum|Emery’s development and management capabilities, not only allow us to better serve our existing clients, partners and investors, but also position our organization for future growth and opportunity with other investors and developers across the nation.”

Hall Emery offers its investor partners a disciplined, connected and strategic investment and development team – coupling superior market insight with a best-in-class operating platform that provides leasing and management services.

The executive leadership team for Hall Emery will include Pat Emery, Clay Moss, and David Wells. Pat Emery will lead as CEO and will focus on sourcing and executing new development projects. Clay Moss will serve as COO and lead the company’s investment and asset management operations. David Wells has been named President and will lead Hall Emery’s commercial services operations that includes third party development, leasing and property management services while working closely with Emery and Moss to grow the portfolio in the Southeast.

“The formation of Hall Emery joins two companies that strive toward a mission to provide a forward-thinking approach to value and quality in real estate,” said Emery, CEO of Hall Emery. “Culturally, we are closely aligned, and share the highest commitment to integrity, loyalty and results. Working together as one company, we will be able to grow exponentially and capitalize on the strengths of both organizations.

Emery specifically touted the strength of his leadership team. “Clay Moss has demonstrated an exceptional ability to source and acquire great assets and has consistently added value to all properties he has had under management. David Wells has taken our commercial operations to the next level at Spectrum|Emery and has consistently delivered outstanding results for an array of clients in two of the most dynamic markets in the southeast – Nashville and Charlotte,” continued Emery. “Fred and I could not have more confidence in these two leaders and look forward to many successes in the years to come.”

Hall Emery will focus on three key platforms – investment, development and commercial services. The foundation of Hall Emery’s investment approach will be centered on acquiring stabilized assets, while creating opportunity to pursue value-add assets as well.  It will also develop new assets based on marketplace demands, using on-the-ground market insight and a best­-in-class operating platform to execute both the construction and the successful lease-up of the asset.

The company will deploy a variety of capital sources for each deal. “The primary source of capital will continue to be Hall Capital’s equity funds, but we’ll also have other sources for deals that don’t fit the fund structure,” said Hall.

The company will pursue a myriad of product types, including office, industrial and mixed-use. Deal sizes are expected to average between $15 million and $50 million, and up to $400 million for certain joint venture structures with preferred institutional equity partners.

“We approach every deal with flexibility and customization in mind. With the diverse make-up and expertise of our team, we’re able to fill a variety of roles with a keen focus on the nature of each specific deal,” said Clay Moss. “We have the ability to work with each of our partners in a number of different ways depending on the needs of the client and the project.”

Hall Emery will operate out of Nashville and Oklahoma City. For more information about Hall Emery, visit http://hallemery.com/.

About Spectrum|Emery

Spectrum | Emery is a full-service commercial real estate company that provides best in class services to select clients, with a focus on customer service, wellness and sustainability. Spectrum | Emery has been committed to be the most dynamic full service real estate company in Middle Tennessee.  Veteran Pat Emery has long been a leader in Nashville’s commercial real estate industry, developing the vision and spearheading the ground breaking of the Cool Springs area in 1996, which has since become Nashville’s top commercial hub and one of the Nation’s fastest growing suburban office markets.

Emery has constructed, leased, managed, and sold more than 1.5 million square feet of Class-A suburban office space in the area.  Spectrum | Emery’s diverse team of talented professionals provide a range of specialized services, including development, leasing, property management, construction management, project maintenance, investment sales, tenant representation and corporate services.  Spectrum | Emery prides itself on exceptional customer service and long-term tenant retention, and leads the industry in customer satisfaction results.

Today, Spectrum | Emery leases and manages more than 1 million square feet of Class A office space in Cool Springs and is spearheading the future of the region with new development projects such as Franklin Park, 18th & Chet and Fifth + Broadway, located in downtown Nashville.  The success of the Firm is the result of its commitment to strategic planning. This has led to a great track record of tenant satisfaction, visionary developments, great local relationships and the unmatched ability to perform.

Spectrum | Emery is a national leader in sustainability, having successfully transformed its Cool Springs properties into the largest LEED Existing Building certified campus in the South. Spectrum | Emery is the area’s comprehensive real   estate services company with the vision to conceive the future, and the execution to make the future happen now.

About Hall Capital

Hall Capital is a family-owned private investment company with offices in Nashville, Oklahoma City, Chicago, Dallas and Tulsa. Its roots extend back to legendary automotive pioneer Fred Jones’ first enterprise in 1920. Today, led by Jones’ grandsons – Fred Hall, Kirkland Hall, and Brooks “Boots” Hall, Jr. – Hall Capital is home to a diversified collection of business interests focused on private equity funds and investments in the real estate and automotive sectors. The company continues a long legacy of service through the Fred Jones Family Foundation. For more information, visit hall-capital.com.

 

Hall Capital & Argonaut Private Equity Acquire Michigan-Based JAC Products

Oklahoma Private Equity Firms Jointly Purchase Major Automotive Supplier

 

Nov. 4, 2016 – Oklahoma City – Oklahoma City-based Hall Capital, together with Tulsa-based Argonaut Private Equity, announced today that they have acquired Pontiac, Michigan based JAC Products, Inc. The sale was effective Oct. 28, 2016, and terms were not disclosed.

JAC Products is the leading global designer and manufacturer of roof racks, cargo management systems, assist steps and related products for automobiles. JAC Products has factories in Michigan, Georgia, Portugal, and China, and currently employs more than 1,500 employees globally.

The management team, including JAC Products’ Chief Executive Officer Mike Wood, will remain with the company to help drive the implementation of its strategic growth plans, which include diversifying its product mix and expanding globally into new markets.

“We welcome our new owners Argonaut and Hall Capital,” said Wood. “JAC is in a major growth phase and this new ownership is committed to the implementation of our strategic plan. It is an exciting time for JAC and we look forward to strengthening our relationships with our customers by providing them new innovative products in the markets they serve. This is great news for our customers, our employees and all of our stakeholders.”

Hall Capital Partners is the private equity affiliate of Hall Capital, and the JAC acquisition will be part of Hall Capital Partners Fund II, which was launched in 2011 with $92 million in committed capital.

“The JAC Products acquisition by our Fund II brings to Hall Capital a solid, mature company that is well poised for growth and operating in an industry in which we have generations of experience,” said Fred J. Hall, Chairman & CEO of Hall Capital. “The fact that we were able to complete the transaction with our close associates at Argonaut makes it all the better.”

Argonaut Private Equity will add JAC to its third fund.

“This is an exciting and significant acquisition for Fund III,” said Steve Mitchell, CEO of Argonaut Private Equity. “We’re pleased at the opportunity to deepen our partnership with Hall Capital, and we look forward to working with the leadership at JAC to continue the company’s positive momentum.”

About Hall Capital
Hall Capital is a family-owned private investment company with offices in Oklahoma City, Nashville, Chicago and Dallas. Its roots extend back to legendary automotive pioneer Fred Jones’ first enterprise in 1920. Today, led by Jones’ grandsons – Fred Hall, Kirkland Hall, and Brooks “Boots” Hall – Hall Capital is home to a diversified collection of business interests focused on private equity funds and investments in the real estate, automotive and oil & gas sectors. The company continues a long legacy of service to the community through the Fred Jones Family Foundation. For more information, visit Hall-Capital.com.

About Argonaut Private Equity
Founded in 2002, Argonaut Private Equity, LLC is a Tulsa-based private equity firm that manages investments across multiple asset classes with over $3 billion of capital deployed in direct investments. With over 100 investments, Argonaut has fostered an ongoing network of global relationships to discover and partner with best-in-class management teams, applying our experience and strengths to deliver solutions, generate value, and propel growth.

Argonaut focuses on investing in growth and mature companies looking for capital to unlock accretive value creation opportunities, with the aim of generating attractive investment returns through a disciplined approach and aligning our interests with those of our investors and business partners.

Argonaut understands the unique needs of individual businesses, and partners with companies to develop a strategy for growing and enhancing operations. Leveraging the collective strength of our historical investment experience and our current portfolio companies and affiliates, Argonaut looks to share resources, executive ideas, best practices, and key relationships between investments to create synergistic opportunities.

About JAC Products, Inc.
JAC Products, founded in 1967, is a leading global designer and manufacturer of original equipment roof racks systems, with expanded product offerings in cargo management systems, running boards and steps rails. The company supplies OEM manufacturers worldwide with engineering, sales, manufacturing, and partnership locations in North America, Europe, China, Japan and South America. For more information, please visit www.jacproducts.com.

Pat Emery and Hall Capital Finalize Land Acquisition for 18th & Chet Development

Nashville, Tenn. (August 25, 2016) – Pat Emery and Hall Capital are pleased to announce the closing of the property for the 18th & Chet project, a high-end development in the heart of Nashville’s Music Row community. With the land acquisition finalized, construction for the fully-funded project is set to begin by the end of the year.

“Hall Capital and I are delighted to move forward with 18th & Chet, a development that will prove to be pivotal for the Music Row neighborhood and all the growing businesses currently without options,” said Pat Emery. “With all the capital raised and financing secured, we look forward to this highly anticipated project. Given our current schedule, we expect to see people typing at their desks and collaborating on the outdoor office floor terraces in the summer of 2018.”

Along with its high profile location at the corner of 18th Avenue South and Chet Atkins Boulevard, the development’s ground floor will offer more than 6,000 square feet of conveniently accessible retail and restaurant space, and four stories of Class A office space totaling 128,000 square feet.

18th & Chet will feature modern architecture, including outdoor terraces on each office floor and six floors of enclosed parking, making it a uniquely appealing addition to the neighborhood.

For more information about 18th & Chet, please visit http://www.18thandchet.com/.

About Hall Capital
Hall Capital is a family-owned private investment company with offices in Nashville, Oklahoma City, Chicago and Dallas. Its roots extend back to legendary automotive pioneer Fred Jones’ first enterprise in 1920. Today, led by Jones’ grandsons – Fred Hall, Kirkland Hall, and Brooks “Boots” Hall, Jr. – Hall Capital is home to a diversified collection of business interests focused on private equity funds and investments in the real estate, automotive and oil & gas sectors. The company continues a long legacy of service through the Fred Jones Family Foundation. For more information, visit hall-capital.com.

Will Alexander and Bill Hagerty Join Hall Capital

Nashville, Tenn. (August 2, 2016) – Hall Capital, a family-owned private investment company, announced the addition of Nashville’s Bill Hagerty and Will Alexander to its rapidly growing Middle Tennessee presence.

Alexander will join Hall Capital’s Nashville team as a senior director for private equity with a major focus on both real estate investments in the Nashville area and private equity investments in middle market companies. Hagerty will become a member of the advisory boards overseeing Hall Capital’s private equity affiliate, Hall Capital Partners, and its automotive affiliate, The Fred Jones Companies, a pioneer in the automotive industry.

Hall Capital is led by the Hall family, which has deep ties to Nashville—brothers and senior executives Fred and Kirkland Hall are active Vanderbilt alumni – and the company has a roster of notable Nashville figures in its leadership. Other Hall Capital team members in Nashville include board members Patrick Emery, William “Billy” Webb and T. Clark Akers, as well as Moore Rhett, member of the private equity group. Hall Capital is located on Music Row. Its other offices include Chicago, Dallas and its Oklahoma City home office.

“We’re thrilled to welcome Will and Bill to our team,” said Fred Hall, Chairman and CEO of Hall Capital. “These are men with great business acumen, and they have done so much for Tennessee. Hall Capital has a strong commitment to Nashville, and working with community champions like Will and Bill furthers that mission.”

Alexander’s career has spanned private equity, entrepreneurship, public service and law. Prior to joining Hall Capital, he co-founded Versed, a B2B e-learning platform. He also served as Chief of Staff of the Tennessee Department of Economic and Community Development, where he ran the department when Hagerty was on leave during the 2012 presidential election. Alexander began his career practicing corporate law in Austin, Texas and the United Arab Emirates for Vinson & Elkins. He is a graduate of the University of Texas and he received his J.D. from the University of Texas School of Law.

“Hall Capital is a top-notch organization made up of outstanding people,” said Alexander. “I’m very excited to join the team, and I look forward to being a part of Hall Capital’s ambitious plans in Tennessee.”

Hagerty served under Tennessee Governor Bill Haslam as the Commissioner of Department of Economic and Community Development until 2015, where he was also responsible for the Tennessee Film Entertainment and Music Commission. He began his career with The Boston Consulting Group and later served on the White House staff. Hagerty then joined Trident Capital and subsequently formed his own private equity firm, Hagerty, Peterson & Company. He presently serves on three public company boards: RenaissanceRe (NYSE: RNR), Pinnacle Financial Partners (NASDAQ:PNFP), and Ryman Hospitality Properties (NYSE: RHP). Hagerty earned both graduate and undergraduate degrees from Vanderbilt University.

“I am pleased to join the advisory board of Hall Capital,” said Hagerty. “The Hall family is a significant force in sectors of the economy that are thriving in Tennessee and their focus on expanding further into this market is yet another sign of the opportunity that exists for capital investment in this area. My long relationship with the family and their significant ties in Middle Tennessee will make this a highly effective partnership for Nashville. This expansion marks an important milestone for our community and our ongoing efforts to attract institutional capital to this deserving market.”

Hagerty and Alexander led Tennessee’s economic development efforts during the first term of the Haslam administration. During their time in public service, Tennessee was named the top state in the nation for foreign direct investment by the IBM Institute of Business Value and the two-time “State of the Year” by Business Facilities magazine. The two also helped secure a number of major economic development projects in Middle Tennessee, including Hankook Tire’s new plant in Clarksville and Bridgestone’s new headquarters in downtown Nashville.

About Hall Capital
Hall Capital is a family-owned private investment company with offices in Nashville, Oklahoma City, Chicago and Dallas. Its roots extend back to legendary automotive pioneer Fred Jones’ first enterprise in 1920. Today, led by Jones’ grandsons – Fred Hall, Kirkland Hall, and Brooks “Boots” Hall, Jr. – Hall Capital is home to a diversified collection of business interests focused on private equity funds and investments in the real estate, automotive and oil & gas sectors. The company continues a long legacy of service through the Fred Jones Family Foundation. For more information, visit hall-capital.com.

Hall Capital Portfolio Company Jerdon Style Continues Acquisition Strategy

Adds 4Knines and Telegraph Hill Robes

June 27, 2016 – Jerdon Style, a portfolio company of Hall Capital’s private equity affiliate, has acquired 4Knines, a producer and marketer of fabric-based protective liners and seat covers for autos, trucks and other motor vehicles. Jerdon Style also acquired Telegraph Bathrobes earlier this year.

Jerdon Style, a portfolio company of Hall Capital’s private equity affiliate, has acquired 4Knines, a producer and marketer of fabric-based protective liners and seat covers for autos, trucks and other motor vehicles. Jerdon Style also acquired Telegraph Bathrobes earlier this year.

“We believe Jerdon Style has proven itself to be an excellent platform on which to grow.” said Fred J. Hall, Chairman & CEO of Hall Capital. “We think Jerdon Style is well-positioned for more acquisitions and to be a strong contributor to our successful private equity portfolio. In the case of 4Knines, we also see nice synergies with Hall Capital’s automotive parts distribution assets.”

4Knines, which will operate under Seat Cover Pro, LLC, has created one of the most innovative, durable vehicle seat covers in the market. The products are renowned for their combination of durability, ease of use and high-end design.
Although 4Knines is relatively new, it has established itself as a leader at the premium end of this popular and growing segment of the auto/pet accessories market. As the name suggests, 4knines products are especially appealing to pet owners. The products are available at www.4Knines.com as well as Amazon.
Telegraph Hill Bathrobes offers high-end bathrobes and similar products. The products are available at www.telegraphhill.com

Jerdon Style manufactures and markets products for the beauty and style needs of consumers. In addition to the products offered by Telegraph Hill and 4Knines, Jerdon offers beauty products, such as hair dryers, travel mirrors and others, and lighted/non-lighted vanity and wall-mounted mirrors; style and grooming products that include pant pressers and shaving mirrors; lifestyle products, including irons, towel warmers and dryers, and retractable clothesline; and replacement parts. The company was founded in 1977 and is based in Richardson, Texas. Its products can be viewed at www.jerdonstyle.com and are available at retailers nationwide. They are also leaders in the hospitality market on a global basis selling to hotels, spas, resorts, and cruise lines.

About Hall Capital Partners Fund II
Hall Capital Partners Fund II is managed by Hall Capital Partners, the private equity affiliate of Hall Capital. Hall Capital Partners Fund II was launched in 2011 with $92 million in committed capital. The Fund’s current portfolio companies are Jerdon Style, nJoy Vision, and Syncrolite. The portfolio company Allo was previously divested.

About Hall Capital Partners
Hall Capital Partners, the private equity affiliate of Hall Capital, has been the platform for the three private equity investment funds that Hall Capital has independently launched since 2006: Hall Capital Partners Fund I, Hall Capital Partners Fund II, and Hall Capital Partners Fund III.
Funds I and II have been investment vehicles for acquisitions of mature, mid-sized companies in many industries. Fund III is a specialized fund focused on real estate and oil & gas.
Prior to launching its three independent funds, Hall Capital partnered with the Catalyst Group of Houston to launch Catalyst/Hall. Combined, all of Hall Capital’s private equity funds have included over $250 million of committed capital, invested by the Hall family and outside partners, both individual and institutional.

About Hall Capital
Hall Capital is a family-owned private investment company with offices in Oklahoma City, Nashville, Chicago and Dallas. Its roots extend back to legendary automotive pioneer Fred Jones’ first enterprise in 1920. Today, led by Jones’ grandsons – Fred Hall, Kirkland Hall, and Brooks “Boots” Hall, Jr. – Hall Capital is home to a diversified collection of business interests focused on private equity funds and investments in the real estate, automotive and oil & gas sectors. The company continues a long legacy of service to the community through the Fred Jones Family Foundation. For more information, visit hall-capital.com.

Former Oklahoma Governor Frank Keating Appointed to Hall Capital Board of Directors

May 19, 2016 – Oklahoma City – Hall Capital, a privately held investment company based in Oklahoma City with offices in Dallas, Chicago and Nashville, today announced the appointment of former Oklahoma Gov. Frank Keating to its Board of Directors.

Keating, who served as Oklahoma’s governor from 1995 to 2003, has a long and distinguished record in both the public and private sectors. Currently a senior partner in the international law firm of Holland & Knight, Keating previously served as the president and CEO of the American Bankers Association (ABA) from 2011 to 2015. Prior to the ABA, he spent seven years as the president and CEO of the American Council of Life Insurers. Before entering the private sector, Keating spent three decades in a variety of state and national law enforcement and public services roles ranging from the Federal Bureau of Investigation (FBI) to U.S. attorney to appointments in the Treasury, Justice and Housing departments under Presidents Ronald Reagan and George H.W. Bush.

Keating’s service in prominent roles ranging from Oklahoma state senator to the assistant secretary of the Treasury Department to head of the leading national banking industry organization has prepared him well to be a valued board member at Hall Capital said Fred Hall, chairman and CEO of Hall Capital. “I’ve known the governor since the 1980s when we both served in the Reagan Administration,” added Hall. “We are pleased to add Gov. Keating to our board. His many years of diverse experience in banking, investment, energy and insurance will bring an all-important perspective to our Board of Directors. We know his leadership, energy, counsel and judgement will greatly benefit our firm. On a personal level, I appreciate his willingness to join our outstanding board and look forward to working with him.”

“I have admired from a distance the commit and determination of Fred, Kirk and Boots Hall to build a diversified and dynamic private investment firm. The firm has an outstanding track record of identifying market trends and investment opportunities in industries ranging from oil and gas to real estate,” commented Keating. “I look forward to joining this respected board of directors and contributing to the ongoing growth and success of Hall Capital.”

Keating is chairman of the board of the Bipartisan Policy Center in Washington, D.C., and was previously chairman of the Advisory Board of Mt. Vernon and president of the Federal City Council. He also served on the boards of the National Archives, the Jamestown Foundation and as chair of the National Catholic Review Board. He received his undergraduate degree from Georgetown University and a law degree from the University of Oklahoma.

Gov. Keating’s appointment expands the outside governing board of Hall Capital from three to four members.

About Hall Capital
Hall Capital is a family-owned private investment company with offices in Oklahoma City, Nashville, Chicago and Dallas. Its roots extend back to legendary automotive pioneer Fred Jones’ first enterprise in 1920. Today, led by Jones’ grandsons – Fred Hall, Kirkland Hall, and Brooks “Boots” Hall, Jr. – Hall Capital is home to a diversified collection of business interests focused on private equity funds and investments in the real estate, automotive and oil & gas sectors. The company continues a long legacy of service to the community through the Fred Jones Family Foundation. For more information, visit hall-capital.com.

Hall Capital’s Automotive Affiliate Acquires Assets of California-Based Tracy Industries

Acquisition Allows The Fred Jones Companies to Expand to West Coast Markets

April 6, 2016 – Oklahoma City – Hall Capital announced today that its automotive affiliate, The Fred Jones Companies, has closed on a major acquisition of assets held by Tracy Industries, a parts distribution company that services Ford and Fiat Chrysler Automobiles (FCA) dealers. Operationally, the new Tracy assets will be added to The Fred Jones Companies’ existing automotive parts distribution business, Fred Jones Enterprises.

The acquisition brings Ford parts distribution assets in southern California, southern Nevada, and Arizona under the Fred Jones Enterprises banner. Fred Jones Enterprises will also take over Tracy’s FCA automotive parts distribution business in the same geographic areas, as well as the FCA distribution rights in states currently serviced by Fred Jones Enterprises.

The acquisition is part of The Fred Jones Companies’ growth strategy. By acquiring Tracy’s assets and adding them to Fred Jones Enterprises, it is gaining access to west coast markets and expanding its distribution territory to almost the entire southern United States.

“Tracy Industries is a long-running family-owned operation much like Fred Jones Enterprises, and we welcome the Tracy personnel to the Fred Jones and Hall Capital family,” said Fred J. Hall, Chairman & CEO of Hall Capital. “We are excited to be able to expand our services to Ford and Fiat Chrysler Automobiles dealers on the west coast while also adding Fiat Chrysler Automobiles dealers to our existing south-central and southeastern territories.”

The acquisition includes the distribution rights, inventory, equipment, employees and warehouses in Los Angeles, Phoenix and Las Vegas. In 2015, the Tracy Industries Ford assets generated $63 million in sales to approximately 270 Ford dealers, while the Tracy Industries FCA assets generated $26 million in sales to approximately 600 FCA dealers.

Tracy Industries simultaneously sold other assets in northern California, northern Utah and Hawaii to another party.

The Fred Jones Companies is the automotive affiliate of Hall Capital. Through this platform, Hall Capital continues a century-long legacy of leadership in the automotive industry. Fred Jones Enterprises, part of the portfolio of The Fred Jones Companies, is a Ford Authorized Distributor of Ford Remanufactured powertrain and Motorcraft powertrain assemblies providing distribution across most of the south-central and the southeastern United States.

About Hall Capital
Hall Capital is a family-owned private investment company with offices in Oklahoma City, Nashville, Chicago and Dallas. Its roots extend back to legendary automotive pioneer Fred Jones’ first enterprise in 1920. Today, led by Jones’ grandsons – Fred Hall, Kirkland Hall, and Brooks “Boots” Hall – Hall Capital is home to a diversified collection of business interests focused on private equity funds and investments in the real estate, automotive and oil & gas sectors. The company continues a long legacy of service to the community through the Fred Jones Family Foundation. For more information, visit Hall-Capital.com.