Resilience Capital Partners Announced as Winner at the 7th Annual M&A Advisor Turnaround Awards
CLEVELAND, March 27, 2013 /PRNewswire/ -- The M&A Advisor announced the winners of the 7th Annual Turnaround Awards on Wednesday, March 6 at the 2013 M&A Advisor Awards Gala to a lively, sold-out crowd at the black tie affair at The Colony Hotel, Palm Beach, FL. The Acquisition of Vista Pro's Heavy Duty Division by Thermal Solutions Manufacturing, an Affiliate of Resilience Capital Partners, was named a winner in two categories: Divestiture Deal of the Year and Industrial Manufacturing and Distribution Deal of the Year (Between $10mm to $50mm). The event was hosted by Bloomberg Chief National Correspondent Carol Massar.
"Since 2002, we have been honoring the leading turnaround transactions, companies and dealmakers. Resilience Capital Partners was chosen from over 120 nominations and over 300 participating companies to receive the award. It gives us great pleasure to recognize Resilience Capital Partners and bestow upon our highest honor for distressed investing and reorganization firms and professionals," said David Fergusson, Senior Managing Director, The M&A Advisor.
"We are honored to be chosen for these two awards for our acquisition of Thermal Solutions Manufacturing," said Bassem Mansour, Co-CEO of Resilience Capital Partners.
"Resilience Capital Partners represents the best of the turnaround industry in 2012 and earned these honors by standing out in a group of very impressive finalists," said Roger Aguinaldo, CEO and Founder of The M&A Advisor.
The gala is the premier celebration of the year for the industry's leading Dealmakers and is held in conjunction with the 2013 Distressed Investing Symposium that featured over 150 of the industry's leading distressed professionals participating in exclusive interactive forums led by over 40 turnaround, media, academic, and political stalwarts. In addition to the 2013 award winners, the ceremony honored the 2013 Lifetime Achievement Award winner - William C. Repko, Senior Advisor and Co-Founder of Restructuring and Debt Advisory Group, Evercore Partners and the winner of the 2013 Leadership Award - Corinne Ball, Partner and Co-Head of the New York Office's Business Restructuring & Reorganization Practice, Jones Day for their outstanding achievements and accomplishments in the industry.
About Resilience Capital Partners
Headquartered in Cleveland, Ohio, Resilience Capital Partners invests in niche-oriented manufacturing, aerospace, capital equipment, transportation, specialty chemicals, metals and business service companies with sustainable market positions and a clear path to cash flow improvement. Resilience targets platform businesses with $25 million to $250 million in revenues across a broad range of industries where it can improve a company's operations, competitive positioning and profitability. Since its founding in 2001, Resilience Capital has invested in 28 companies under 20 platforms. Its portfolio companies today employ more than 5,000 people in 14 states and collectively represent over $2 billion in revenues. Resilience manages in excess of $320 million for its global investor base which includes pension funds, insurance companies, foundations and endowments, fund of funds, wealth managers, and investment consultants.
Recent acquisitions include a majority interest in Aerospace Products International, Inc. (API), a global aviation parts and equipment distribution and supply chain management firm based in Memphis, Tennessee; Canton, Michigan-based Aero Communications Inc. (formerly Advanced Communications, Inc.), a leading provider of telecommunications infrastructure services acquired in 2012, and CR Brands, a West Chester, Ohio-based manufacturer and marketer of branded and private label household cleaning and laundry products acquired in 2012. For more information, please visit www.resiliencecapital.com.
THE M&A ADVISOR
Since 1998, The M&A Advisor has been presenting, recognizing the achievement of and facilitating connections between the world's leading mergers and acquisitions, financing and turnaround professionals with a comprehensive range of services including M&A SUMMITS; M&A AWARDS; M&A CONNECTS™; M&A ALERTS™, M&A LINKS™ MandA.TV and M&A MARKET INTEL™. Visit www.maadvisor.com to learn more.
Resilience Capital Partners
(216) 360 7232
SOURCE Resilience Capital Partners