Ohio PE Firm Boosts $223M Fund With Aviation Repair Biz

Law360, New York (October 23, 2013, 2:36 PM EDT) -- Cleveland-based private equity firm Resilience Capital Partners on Wednesday announced its acquisition of wholesale aviation and avionics parts distribution and repair company Avionics International Supply Inc., part of the sixth addition to its $222.5 million fund.

Under the deal — the value of which was not disclosed — Texas-based AIS will become part of RCP's portfolio company Aerospace Products International Inc., which bills itself as the leading provider of distribution, supply chain and maintenance services for the aviation industry. The acquisition is part of the sixth...
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