Cleveland, Ohio –June 17, 2015 Mr. Rick Organ has joined Resilience Capital Partners (www.resilience, a
Cleveland-based private equity firm as an Aviation Operating Executive alongside longtime Resilience partner and
current Aviation and Aerospace Operating Executive Kenn Ricci, Chairman and CEO of FlexJet.
Prior to joining Resilience, Rick had been the CEO of two private equity backed aviation related businesses. Schneller – a
manufacturer of highly engineered flame retardant polymer materials for interiors of commercial aircraft, sold to
Transdigm Group Inc; and Align Aerospace – a value added distributor, supply chain manager and 3PL provider of
assembly hardware for A&D OEMs, sold to AVIC International.
“For over 15 years Resilience has been an active investor in Aviation and Aerospace and we are very pleased to welcome
Rick with nearly 20 years of aviation experience in many of the most critical offerings in the supply chain, to the
Resilience family. Together we are looking forward to continuing to build on the strong reputation Resilience has
solidified over many investments and years,” said Steve Rosen, Co-CEO of Resilience Capital Partners.
“I was initially attracted to Resilience by their capabilities and culture. Resilience is comprised of experienced, hands-on
professionals who are committed to and passionate about partnering with lower middle market companies to
profoundly improve and grow the business and its underlying value. With more than half the team having been CEOs or
senior level operators, we are uniquely qualified to partner with and bring value to this segment of the market”, said
Rick Organ.
“We are particularly enthusiastic about investment opportunities within the aviation industry. We see many favorable
situations where we are able to apply our experience as investors and operators, to aid in the growth and development
of aviation companies challenged with the need to build scale to meet the ever increasing demands of their customers.
In response we have formed and committed capital to a new platform company, Resilience Aviation Holdings. This new
platform will be investing primarily in MRO, aerospace distribution and aerospace components parts manufacturing
businesses,” said Steve Rosen.
About Resilience
Headquartered in Cleveland, OH, Resilience Capital Partners invests in niche-oriented manufacturing, distribution, 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 43 companies under 23 platforms. Its portfolio
companies today employ more than 7,000 people in 15 states and collectively represent over $2 billion in revenues.
Resilience manages in excess of $625 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
Rick Organ
216 360 7206