William J. Wildern, IV Joins Resilience Capital Partners and Establishes Detroit Office

Nov 01, 2006, 00:00 ET from Resilience Capital Partners

    CLEVELAND and DETROIT, Nov. 1 /PRNewswire/ -- Resilience Capital
 Partners (www.resiliencecapital.com), a Cleveland-based private equity
 firm, is pleased to announce that Bill Wildern has joined the firm as
 Managing Director and head of its new Detroit, Michigan office.
     Bill was most recently Managing Director of BBK, the international
 consulting firm based in Southfield, Michigan. Bill brings over 18 years of
 operating and restructuring experience in the automotive and industrial
 sectors. Prior to BBK, Bill had worked at General Motors Corporation in
 various capacities including engineering, portfolio planning, and corporate
     "We are privileged to have Bill join our firm. We have known Bill for
 many years in his role at BBK and look forward to having him on our team.
 Bill's many years of experience in restructuring, operations and
 engineering will have a profound impact on our future growth and the
 eventual success of our investments," said Bassem Mansour, a Managing
 Partner of Resilience Capital Partners.
     "I am excited to join the Resilience Capital Partners team. They have
 built a great firm and I look forward to providing meaningful contributions
 to the success and continued expansion of the firm," said Bill Wildern.
     "We are pleased to announce our expansion into the Detroit market and
 the possibilities under Bill's leadership in this effort. We are committed
 to our investment thesis of basic industry, special situation investing and
 of course having a constant presence in Detroit is central in that effort,"
 said Steven Rosen, a Managing Partner of Resilience Capital Partners.
     About Resilience Capital Partners
     Resilience Capital Partners is a private equity firm based in
 Cleveland, Ohio focused on investing in underperforming and turnaround
 situations. Resilience's investment strategy is to acquire lower middle
 market companies that have solid fundamental business prospects, but have
 suffered from a cyclical industry downturn, are undercapitalized, or have
 less than adequate management resources. Resilience typically acquires
 companies with revenues of $25 million to $250 million. Resilience manages
 two private equity funds with capital under management of over $75 million.
 Since its inception in 2001, Resilience has acquired ten companies with
 revenues in excess of $500 million.
      Contact Information
      Resilience Capital Partners
      Resilience Capital Partners
      Mr. William J. Wildern, IV
      (248) 219-0555

SOURCE Resilience Capital Partners