Published:
Resilience Capital Partners Portfolio Company has Agreed To Merge with Patio Enclosures, Inc.
CLEVELAND, Oct. 9 /PRNewswire/ -- Resilience Capital Partners today
announced the agreement to merge Branstrator Sunrooms, a Resilience portfolio
company, with Patio Enclosures, Inc.
Both companies have a heritage of designing and manufacturing practical
and imaginative sunroom and related products. Branstrator Sunrooms, located
inFort Wayne, IN, will continue to supply their range of Sunroom and basement
products through their existing dealer network and will be supported by the
world class manufacturing, customer service, shipping and design expertise of
Patio Enclosures. Patio Enclosures, based inMacedonia, OH, will continue to
offer the Patio Enclosures line of Sunroom products through its existing
branches, franchises and dealer locations.
"Led by talented people with exceptional vision, the merged company will
clearly be one of the best positioned and strongest companies in the sunroom
industry and in this home improvement niche. We are confident the employees,
customers, suppliers and stakeholders will all benefit from this new position
of market leadership," Said Steven Rosen, Managing Partner and Co-CEO of
Resilience Capital Partners.
About Resilience Capital Partners
Headquartered inCleveland, Ohio, Resilience Capital Partners is a leading
private equity firm specializing in investing in lower middle market companies
within a broad range of industries. Resilience's value oriented investment
strategy is to acquire companies with solid business prospects in a wide
variety of special situations including underperformers, corporate
divestitures, turnarounds, and orphan public companies. Since its inception
in 2001, Resilience has acquired 16 companies with total revenue in excess of
$1.5 billion. For more information, please visit www.resiliencecapital.com.
About Patio Enclosures
Located inMacedonia, OH, Patio Enclosures, Inc., the largest manufacturer
and installer of sunrooms inNorth America, operates 30 branches, 11
franchises, and 10 dealers acrossthe United States andCanada and has more
than 750 employee-owners. The company also operates two casual living
furniture stores inMacedonia, OH andPittsburgh, PA. For more than 40 years,
Patio Enclosures has been at the forefront of technology developments in the
sunroom industry and is the only sunroom company today offering ENERGY STAR(R)
rated roof panels, doors, windows and floor panels to provide ultimate comfort
and energy efficiency. For more information, please visit www.patioenc.com.
Contact Information
Resilience Capital Partners
Mr. Steve Rosen
(216) 292-0200
srosen@resiliencecapital.com
SOURCE Resilience Capital Partners
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Copyright © 2008, NewsBlaze,
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