Click here to close now.

Welcome!

News Feed Item

Resilience Capital Partners Acquires Fulton Technologies As Its Fourth Add-On Investment To Its Aero Communications Portfolio Company

CLEVELAND, Aug. 18, 2014 /PRNewswire/ -- Resilience Capital Partners, a Cleveland-based private equity firm, has announced the acquisition of Fulton Technologies, a provider of maintenance and aftermarket services to the wireless industry in the Midwestern United States.  Fulton Technologies is Resilience Capital Partners' fourth add-on acquisition by its Aero Communications investment platform, which it acquired in October 2012. Aero Communications is a leading provider of customer-focused technology solutions to broadband and wireless providers, businesses, public venues, government facilities and residential subscribers.

Steven Rosen, Co-CEO of Resilience Capital Partners, stated "We are always looking for strategic ways to enhance the value of Aero for its wireless customers, and the Fulton investment does just that."  Rosen continued, "From the very early days of the Aero platform we understood the importance of reducing risk for our customers and being a world-class service provider; after four add-on investments, we believe we have accomplished that task and yet continue to seek out interesting owners and operators in the space who want a partnership with Aero and Resilience."  Michael Cavanaugh, a Partner at Resilience Capital Partners, added "Fulton is a truly exceptional company that provides high-quality niche maintenance and monitoring services to blue-chip wireless customers throughout the Midwestern United States."  Cavanaugh continued, "We are very excited to have such a talented group of professionals join the Aero team, and look forward to leveraging their unique capabilities to further strengthen and enhance our partnership with customers."

"Fulton is an excellent provider of wireless tower services, and will enhance our business on multiple fronts.  Our customers have been asking us to increase resources and expand our geographic footprint, and this acquisition allows us to do both," said Greg McCray, CEO of Aero Communications.  "Fulton also enables us to deepen our relationships with municipalities.  We're enthusiastic about what this means for our customers."

About Resilience Capital Partners
Headquartered in Cleveland, Ohio, 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 Capital 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 39 companies under 22 platforms.  Its portfolio companies today employ more than 5,000 people in 14 states and collectively represent over $2 billion in revenues.  Resilience Capital 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.

About Aero Communications
Headquartered in Canton, Michigan, Aero Communications employs approximately 1,600 technicians, engineers, customer service and related support personnel in field offices throughout the United States.  Aero Communications' scope of services includes end-to-end system design and engineering, construction, wiring, installation, maintenance and repair solutions, serving leading telecommunications and cable service providers throughout the United States.  For more information, please visit www.aerocommunications.com.

About Fulton Technologies
Headquartered in Roselle, Illinois, Fulton Technologies performs construction, repair, and maintenance of cell site and tower facilities for leading wireless carriers and related service partners.  Fulton also provides site studies, radio frequency interference testing, inventory management, and other support services.  Operating in Illinois, Wisconsin, Indiana, Michigan, Iowa, and South Dakota, Fulton also supplies civil alert systems and services to numerous municipalities and utility companies.

Contact Information


Steven Rosen

Michael Cavanaugh

Resilience Capital Partners

Resilience Capital Partners

(216) 292-4535

(216) 755-1258

SOURCE Resilience Capital Partners

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Explosive growth in connected devices. Enormous amounts of data for collection and analysis. Critical use of data for split-second decision making and actionable information. All three are factors in making the Internet of Things a reality. Yet, any one factor would have an IT organization pondering its infrastructure strategy. How should your organization enhance its IT framework to enable an Internet of Things implementation? In his session at @ThingsExpo, James Kirkland, Red Hat's Chief Arch...
In the midst of the widespread popularity and adoption of cloud computing, it seems like everything is being offered “as a Service” these days: Infrastructure? Check. Platform? You bet. Software? Absolutely. Toaster? It’s only a matter of time. With service providers positioning vastly differing offerings under a generic “cloud” umbrella, it’s all too easy to get confused about what’s actually being offered. In his session at 16th Cloud Expo, Kevin Hazard, Director of Digital Content for SoftL...
"A lot of the enterprises that have been using our systems for many years are reaching out to the cloud - the public cloud, the private cloud and hybrid," stated Reuven Harrison, CTO and Co-Founder of Tufin, in this SYS-CON.tv interview at 16th Cloud Expo, held June 9-11, 2015, at the Javits Center in New York City.
One of the hottest areas in cloud right now is DRaaS and related offerings. In his session at 16th Cloud Expo, Dale Levesque, Disaster Recovery Product Manager with Windstream's Cloud and Data Center Marketing team, will discuss the benefits of the cloud model, which far outweigh the traditional approach, and how enterprises need to ensure that their needs are properly being met.
The time is ripe for high speed resilient software defined storage solutions with unlimited scalability. ISS has been working with the leading open source projects and developed a commercial high performance solution that is able to grow forever without performance limitations. In his session at Cloud Expo, Alex Gorbachev, President of Intelligent Systems Services Inc., shared foundation principles of Ceph architecture, as well as the design to deliver this storage to traditional SAN storage co...
"Plutora provides release and testing environment capabilities to the enterprise," explained Dalibor Siroky, Director and Co-founder of Plutora, in this SYS-CON.tv interview at @DevOpsSummit, held June 9-11, 2015, at the Javits Center in New York City.
It is one thing to build single industrial IoT applications, but what will it take to build the Smart Cities and truly society-changing applications of the future? The technology won’t be the problem, it will be the number of parties that need to work together and be aligned in their motivation to succeed. In his session at @ThingsExpo, Jason Mondanaro, Director, Product Management at Metanga, discussed how you can plan to cooperate, partner, and form lasting all-star teams to change the world...
To many people, IoT is a buzzword whose value is not understood. Many people think IoT is all about wearables and home automation. In his session at @ThingsExpo, Mike Kavis, Vice President & Principal Cloud Architect at Cloud Technology Partners, discussed some incredible game-changing use cases and how they are transforming industries like agriculture, manufacturing, health care, and smart cities. He will discuss cool technologies like smart dust, robotics, smart labels, and much more. Prepare...
SYS-CON Events announced today that JFrog, maker of Artifactory, the popular Binary Repository Manager, will exhibit at SYS-CON's @DevOpsSummit Silicon Valley, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Based in California, Israel and France, founded by longtime field-experts, JFrog, creator of Artifactory and Bintray, has provided the market with the first Binary Repository solution and a software distribution social platform.
In his session at 16th Cloud Expo, Simone Brunozzi, VP and Chief Technologist of Cloud Services at VMware, reviewed the changes that the cloud computing industry has gone through over the last five years and shared insights into what the next five will bring. He also chronicled the challenges enterprise companies are facing as they move to the public cloud. He delved into the "Hybrid Cloud" space and explained why every CIO should consider ‘hybrid cloud' as part of their future strategy to achi...
"We have a tagline - "Power in the API Economy." What that means is everything that is built in applications and connected applications is done through APIs," explained Roberto Medrano, Executive Vice President at Akana, in this SYS-CON.tv interview at 16th Cloud Expo, held June 9-11, 2015, at the Javits Center in New York City.
"We got started as search consultants. On the services side of the business we have help organizations save time and save money when they hit issues that everyone more or less hits when their data grows," noted Otis Gospodnetić, Founder of Sematext, in this SYS-CON.tv interview at @DevOpsSummit, held June 9-11, 2015, at the Javits Center in New York City.
Internet of Things is moving from being a hype to a reality. Experts estimate that internet connected cars will grow to 152 million, while over 100 million internet connected wireless light bulbs and lamps will be operational by 2020. These and many other intriguing statistics highlight the importance of Internet powered devices and how market penetration is going to multiply many times over in the next few years.
Containers are changing the security landscape for software development and deployment. As with any security solutions, security approaches that work for developers, operations personnel and security professionals is a requirement. In his session at DevOps Summit, Kevin Gilpin, CTO and Co-Founder of Conjur, will discuss various security considerations for container-based infrastructure and related DevOps workflows.
Internet of Things (IoT) will be a hybrid ecosystem of diverse devices and sensors collaborating with operational and enterprise systems to create the next big application. In their session at @ThingsExpo, Bramh Gupta, founder and CEO of robomq.io, and Fred Yatzeck, principal architect leading product development at robomq.io, discussed how choosing the right middleware and integration strategy from the get-go will enable IoT solution developers to adapt and grow with the industry, while at th...