Resilience Capital Partners Announced as Winner at Annual Turnaround Atlas Awards
CLEVELAND, July 10, 2013 /PRNewswire/ -- Global M&A Network honored the winners from the global restructuring, special situation M&A and turnaround communities in 59 award categories at the annual gala ceremony held at the University Club of Chicago. Resilience Capital Partners was named Private Equity Turnaround Firm of the Year and Resilience Capital Partners' acquisition of Heavy Duty Division from Vista Pro and integration with newly created Thermal Solutions Manufacturing was named Industrial Manufacturing Turnaround of the Year (Mid Markets).
For 2013, 320 transactions were reviewed from the world-wide restructuring communities; from which only 181 transactions were short-listed as finalists, and ultimately only 38 unique transactions won at the 5th annual awards gala ceremony held on the evening of June 25, 2013. The winners are selected independently based on identifiable performance criteria.
"It is an honor to be chosen Private Equity Turnaround Firm of the Year, and for our acquisition of Thermal Solutions Manufacturing. It's very gratifying to be recognized for an active year 2012," said Bassem Mansour, Co-CEO of Resilience Capital Partners.
Resilience Capital Partners
Headquartered in Cleveland, Ohio, Resilience Capital Partners invests in niche-oriented manufacturing and business service companies located in the Midwestern and Mid-Atlantic United States 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 29 companies under 21 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. For more information, please visit www.resiliencecapital.com.
Contact:
Bassem Mansour
Resilience Capital Partners
(216) 292-4748
SOURCE Resilience Capital Partners
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