The first of the Kelly Companies was formed over 20 years ago, in 1993 by Michael Kelly. Today, Kelly Investment Group is the primary private equity company handling all M&A activity for the Kelly Companies of Southern California.

Kelly Companies of Southern California’s affiliates own and operate businesses in 27 states and employ over 7,000 people.


Our Company Acquisitions & Investments Group acquires and invests in diverse operating companies and assets. We focus on complicated transactions that enable us to leverage our ability to complete due diligence quickly and fund change of control transactions as principals with our own balance sheet.


Our Real Estate Group actively seeks distressed investment opportunities in real estate properties and projects throughout the U.S. We are able to underwrite and commit to funds within 2 weeks of review.


The first of the Kelly Companies were founded nearly two decades ago as a company, but long before that as a personal vision of Michael Kelly. In his early 20s, in the midst of the Savings & Loan Crisis, Michael resourcefully negotiated a $150 million acquisition from the Resolution Trust Corporation — the largest of its kind at the time. Since then, his initiatives across diverse industries and business climates have resulted in the completion of over $4 billion in transactions.

At its inception, Michael focused on the acquisition of whole loans and whole loan portfolios secured by commercial real estate. Since then, he has expanded his focus to include operating companies and has taken two public companies private. The firm’s aggressive management and marketing techniques have provided a number of successful acquisition and turn-around stories. Michael Kelly and his team have earned a trusted reputation in fields as diverse as healthcare, food and beverage, real estate, hospitality, manufacturing, service, retail, logistics, financial and technology. Value creation is the product of two disciplines: the correct identification of complex or misunderstood situations and the execution of a clear strategy to unlock the hidden value. Through our expertise in acquisitions, business development, and capital structure optimization, we’re able to unlock that hidden value, often in companies that are subject to regulatory or structural change, cyclical challenges or financial complexity.


My cat

My cat

My cat

My cat

Hyatt Andaz Hotel is San Diego’s premier urban resort destination for first-class service, sophistication and luxury. Named to the Condé Nast 2008 List of Best New Hotels in the World, the property features 159 guest rooms including 17 suites, the Quarter Kitchen restaurant, four-level Ivy nightclub and Ivy Rooftop, a sultry rooftop bar, pool and sundeck. The property is a member of the Preferred Hotels & Resorts Worldwide Collection, a global brand of independent luxury hotels and resorts known for exemplary standards and service.

Atlantic Envelope (Atlanta, Georgia). Established in 1893, Atlantic Envelope (AECO) is one of the nation’s largest custom envelope manufacturers, designing and creating over 10 billion custom printed envelopes for over 3,500 corporate clients per year. With seven state-of-the-art facilities located nationwide and “best in class” equipment, AECO provides unique envelopes for clients like Federal Express, Bank of America, Netflix, and CapitalOne. AECO was sold to National Envelope.

The Car Barn was developed as the premier indoor parking facility at Los Angeles International Airport. Self-parking and valet service are available with over 2,700 covered parking spaces, making it the largest private parking structure serving the largest airport in the United States. This property was acquired in January 1996, expanded to double its size by Kelly Capital and sold in September 1999 to The Parking Spot.

This four-story 36,000 SF mixed-use asset consists of 31 residential units and two street-level retail spaces. This four-story building is located adjacent to the Ivy Hotel in downtown San Diego.

The Chateau Grand is a premier banquet facility offering six elegant banquet rooms with capacities ranging from 50 to 1,400 guests. Kelly Capital renovated and successfully operated The Chateau Grand from December 1996 through its sale in February 2000.

Fat City, situated on eleven acres of prime Denver real estate, is a 122,000 SF family entertainment center that includes bowling alleys, miniature golf facilities, arcades, and bars and restaurants that are geared towards family-style entertainment.

This 93,646 SF industrial building, built in 1991, is located on a 5 acre site in the affluent Rancho Bernardo community, also home to Sony, Hewlett-Packard, BAE and NCR. Under a long-term lease, the building, including a Class 100,000 clean room, serves as Gen-Probe Incorporated’s major R&D / manufacturing and distribution facility. Gen-Probe (GPRO-NASDAQ) is a global leader in the development, manufacture and marketing of rapid, accurate and cost-effective nucleic acid testing and distribution of specialty diagnostic products used primarily in screening for diseases such as AIDS, HIV and hepatitis in human blood.

Hidden Hills includes a William Bell-designed, 18-hole golf course, a 14,500 SF clubhouse and modern maintenance facility, 24 stay-and-play rental units and 38 adjacent residential lots. Nestled in the foothills of the Sierra Nevada Mountains, not far from Yosemite National Park and renowned fishing lakes, Hidden Hills is convenient to the San Francisco Bay, Sacramento and San Jose metro areas.

The Islander On The Beach is a unique Hawaiian plantation style hotel situated on six beachfront acres on the scenic east side of the island of Kauai. This property was acquired in January 1998, renovated and sold by Kelly Capital in October 1999.

This 660 unit, two-story, garden-style apartment property, developed in 1985, is located minutes from Arizona State University. The property, consisting of 35 buildings, plus a clubhouse, is situated on a spacious, well landscaped 29 acre parcel. Amenities include pools, spas, tennis courts, a state-of-the-art fitness center, and business center.


National Linen & Uniform Service (NLUS) was the leading linen rental company in the Southeast United States, serving top hotels, restaurants, and hospitals. Founded in 1919, NLUS picks up, cleans, processes and delivers over 1.3 billion linen items annually. Over 1,000 corporations are members of NLUS’ National Accounts Program, including market leaders like The Ritz-Carlton Hotels, HCA Inc., and Outback Steakhouses. Throughout the company’s storied history, NLUS has developed a reputation for excellence through its dedication to quality products and services. Through its 600 vehicle strong fleet, NLUS delivers linens and uniforms daily to over 8,000 locations on 400 routes daily. NLUS was sold to Alsco.

This exciting project located in the Spring Valley sub-market on the western side of Las Vegas is approximately five miles from the Strip. This 312 unit, 26 building gated apartment community on 20 acres has been converted into a unique condominium community that offers spacious living at an affordable price.

Earl Scheib Paint & Body is the world’s largest company-owned and operated auto-painting and body repair service, painting more than 150,000 cars and trucks every year. Made famous in its early years by Earl’s slogan, “I’ll paint any car, any color for $29.95. No Ups! No Extras,” the company has painted more than 10 million cars over its 72 years in business, and continues to adhere to Earl’s original commitment of offering the greatest price in town on auto painting. A commitment they guarantee.

This ground up development of 24 luxury condominiums is located on Manasota Key on the scenic gulf coast of Florida between Sarasota and Ft. Myers. The project consists of twelve 2 bedroom, 2 bath units and twelve 3 bedroom, 2.5 bath units in two mid-rise buildings with frontage and boat slips on Lemon Bay. Almost all of the units have spectacular views of both Lemon Bay and the Gulf of Mexico.

The Bitter End (San Diego, California). This award winning bar and nightclub is located in the heart of San Diego’s Downtown Gaslamp District with an optimal location on the corner of 5th and F Streets. The Bitter End’s 6,000 SF is divided into three levels, including a downstairs nightclub and upstairs lounge. The Bitter End has been awarded the “Gold Medallion Award” for Best Bar by the California Restaurant Association during 1999, 2000, 2001, 2002 and 2004.

This property consists of four industrial buildings totaling 99,236 SF in size. Conveniently located near the San Diego Port Authority facility, the property has individual tenant spaces ranging from 1,164 to 55,000 SF.

Willow Creek Apartments are also located in Tempe, Arizona, approximately 1.5 miles from Meridian Corners. Willow Creek has 402 apartment units and substantial amenities.