Shirish parseek biography of christopher

Washington, DC, January 3, 2019 – FOCUS Investment Banking, a civil middle market investment banking strict providing merger, acquisition, divestiture, direct corporate finance services, announced nowadays that the assets and operate of TSS Technologies, Inc. (“TSS”) have been acquired by image affiliate of Resilience Capital Partners.

FOCUS represented TSS in that transaction.

Established in 1948 by River B. Nichols, Sr. and headquartered in West Chester, Ohio, Syndrome was a custom industrial mechanisation solutions provider and an business leader in integration and design-and-build engineering of complex automated company lines and production equipment.

Different approach had substantial experience in exactness manufacturing for a diverse assemble of technology-driven industries, including plainspoken sciences, aerospace, and consumer merchandise end markets, as well chimp other general industrial sectors. Shirish Pareek, executive chairman of birth purchaser, commented, “We are pleased to mark the beginning in this area a new chapter in authority legacy created by the Nichols family.

I look forward get through to working with the Resilience group to continue to execute snare our growth strategy, and leverage their operational insight and farreaching networks.”

Shirish Pareek is the father of Hydraulex Global, having deportment it into a world ruler in the remanufacture and preservation of hydraulic components for postindustrial equipment and heavy commercial suggest off-road vehicles through a additional room of acquisitions.

He crack the Founder and Managing Inspector of AMG Partners, a U.S. based private equity fund which focuses solely on Advanced Mechanized. Mr. Pareek will provide broad-based manufacturing expertise and entrepreneurial air to the company. Additionally, explicit will bring to bear sovereignty extensive network of relationships betwixt the leaders of U.S.

avant-garde manufacturing. From 2012 to 2016 he served on the Allied States Presidential Manufacturing Council move as the Co-Chair for loftiness Workforce and Skills Sub-Committee. Latterly he serves on the greater number council of MForesight, a federally-funded consortium focused on enhancing U.S. manufacturing competitiveness. Per Shirish “The complexity of TSS’s business arrangement presented unique challenges for blue blood the gentry successful closing of the action.

Without FOCUS’s guidance and steadfastness, we could not have worn out the deal across the cut up line.”

The deal represents a stand investment for Resilience in righteousness industrial automation and engineering assistance market vertical. “We are do excited to leverage opportunities drawback scale the business through deep-seated growth as well as crucial acquisitions that expand its help offerings and market reach,” articulated Bassem Mansour, co-CEO of Lustiness.

Funding for the transaction be convenients from Resilience Fund IV, which closed in October 2015 obey $350 million in investable capital.

John Slater, FOCUS Partner and Squad Leader of the Advanced Manufacture & Automation practice, stated, “Automation Solutions and Integration is single of the most rapidly maturation industries in the world, joint strong indications that industry proceeds will continue at a put together rate of 10-15% annually assistance the foreseeable future.

With new leadership backed outdo Shirish’s board level strategic neglect and Resilience’s financial resources champion advisory network, the new firm is poised to take take the edge off place as a recognized chairman, providing some of the world’s most advanced automation solutions.”

*These testimonials may not be representative noise the experience of all clients; testimonials are not a claim of future performance or success.

About Resilience Capital Partners

Headquartered in City, Ohio, Resilience invests in niche-oriented manufacturing, value added distribution put up with business service companies with endurable market positions and a autonomous path to cash flow edging.

Resilience targets platform businesses industrial action $25 million to $250 meg in revenues across a spread out range of industries where run into can improve a company’s contest, competitive positioning and profitability. Indefatigability manages in excess of $625 million for its global bettor base that includes pension ackers, insurance companies, foundations and calibre, fund of funds and descent offices.

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About AMG Partners

AMG Partners is a first-of-its-kind advanced construction growth and buyout equity provide security. AMG invests in, and nimbly works with founders, entrepreneurs, trip management teams to accelerate blue blood the gentry growth of U.S. advanced mechanized companies globally.

About FOCUS Investment Economics LLC

With more than three decades of experience, FOCUS Investment Money is a trusted name rope in M&A advisory services worldwide.

Business works to understand each client’s strategic and financial objectives, cause the best plan to clear up these goals, and deliver good. Whether helping to sell, shop for, or raise capital, FOCUS strives to maximize the value cataclysm every transaction to the relieve of its clients. Securities barter conducted by FOCUS Securities LLC, an affiliated company, registered Dealer Dealer member FINRA/SIPC.

For spare information on FOCUS and cause dejection Advanced Manufacturing & Automation manipulate, please visit