CLEVELAND, Jan. 26, 2016 /PRNewswire/ -- Resilience Capital Partners, a Cleveland-based private equity firm focused on investing in and improving lower mid-market companies in a broad range of industries, was recognized as "Private Equity Firm of the Year" at the 20th Annual ACG Cleveland Deal Maker Awards, which took place at the Cleveland Convention Center on Thursday, January 21.
Resilience Capital Partners was recognized for its activity over the past two years within its portfolio of niche manufacturing, distribution and business service companies. During this time frame, Resilience Capital made 12 acquisitions in industries including manufacturing, technology, energy and construction; completed two successful exits; and raised its fourth fund of $350 million.
"We are a firm with deep roots in Northeast Ohio and we are honored to be recognized by our corporate peers here," said Bassem Mansour, Co-CEO of Resilience Capital Partners. "Our accomplishments in 2014 and 2015 will allow us to continue the forward momentum in our business and help contribute to the area's ability to thrive."
Steven Rosen, Co-CEO concurred, "Now in our 15th year, we are humbled to be recognized by the ACG. Our Midwest approach, alongside great management teams, has enabled us to transform many small businesses in a highly competitive global economy. Furthermore, we couldn't be successful in these efforts without the continued support of our investors and our team."
ACG Cleveland is Northeast Ohio's prestigious organization for merger and acquisition and corporate growth professionals. The organization's Deal Maker Awards are a tribute to the region's leading corporate deal makers for their accomplishments in using acquisitions, divestitures, financings and other transactions to fuel sustainable growth. In addition to Resilience Capital, three other companies were recognized at the 2016 Deal Maker Awards: The J. M. Smucker Company, Ferro Corporation, and Area Wide Protective.
About the Association for Corporate Growth
ACG is a global organization focused on driving middle-market growth. Its 14,500 members include professionals from private equity firms, corporations and lenders that invest in middle-market companies, as well as from law, accounting, investment banking and other firms that provide advisory services. Founded in 1954, ACG is a global organization with 56 chapters. Learn more at www.acg.org. ACG Cleveland has nearly 500 members. For more information visit www.acgcleveland.org.
About Resilience Capital Partners
Headquartered in Cleveland, Ohio, Resilience invests in niche-oriented manufacturing, value added distribution 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, the firm has invested in 49 companies under 26 platforms. Resilience manages in excess of $625 million for its global investor base, which includes pension funds, insurance companies, foundations and endowments, fund of funds and family offices. For more information, please visit www.resiliencecapital.com.
Resilience Capital Partners
SOURCE Resilience Capital Partners LLC