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Private Equity Investing with Bassem Mansour of Resilience Capital

November 16 @ 7:30 am - 9:00 am

Event Recap:

The Center For Free Enterprise hosted its 19th consecutive sold-out program on Friday, November 16, 2018 at The Racquet Club in Pepper Pike, Ohio.

In front of the CFE’s largest audience ever, Bassem Mansour waxed poetically about the inception of Resilience Capital Partners in 2001, some of his best investments, raising institutional capital, and his strategic vision going forward. To the last item, Mr. Mansour told a rapt audience that RCP hopes to move down market, at least for some of its deals, to find a less competitive bidding environment and relatively lower prices.

The author of a recent column titled “Negotiated Deals” in Smart Business, Mr. Mansour talked about the advantages to both the seller and the buyer to avoid wide auctions and enter into a negotiated sale. Amongst the benefits he identified were faster closing speed, less disruption, increased flexibility in deal structure and comparable pricing. This list seemed to resonate with the sophisticated audience typical of a CFE event.

Before completing an action and information packed hour long discussion, Ben Calkins, the session moderator, asked Mr. Mansour to tell the audience more about the charity upon which he focuses much of his attention and energy. That effort is “Pathway to Resilience” which launched in 2017 through the Boys and Girls Clubs of Cleveland. The program is a six-month career readiness and mentoring program for young men who were incarcerated or involved in gang activity.

In a 2017 interview, Mr. Mansour stated “Cleveland is America’s second-poorest city and has the third-lowest high school graduation rate among the nation’s biggest cities. Look at our poorest neighborhoods, and you’ll understand that this program is good for our young men, better for our companies and essential for our city.” To donate to Pathway to Resilience or to learn more, you can give at the Boys and Girls Clubs of Cleveland site or give to a related group also supported by Resilience, the Cleveland Peacemakers Alliance.

Original Event Post:

Private Equity Investing with Bassem Mansour of Resilience Capital Partners

On March 27, 2018, Resilience Capital Partners announced that it has been named Private Equity Firm of the Year at the 12th Annual Turnaround Awards. The awards, sponsored by M&A Advisor and presented in conjunction with the 2018 Distressed Investing Summit in Palm Beach, Florida, honor the leading distressed M&A transactions, restructuring, refinancing, products and services, firms and professionals. Now managing more than $650M in capital and investments in 16 portfolio companies, Bassem Mansour will talk to us about the industry, prospects for investing and his firm.

In 2001, Bassem and Steve Rosen co-founded Resilience Capital Partners. He is involved in all aspects of the firm’s operations, including investment decisions, portfolio company oversight and investor relations.

Since 1994, he has been involved in principal investing, leveraged buyouts, Chapter 11 reorganizations, out-of-court restructurings, and other mergers and acquisitions. Prior to founding Resilience, he was an investment banker with McDonald Investments.

He is a member of the Cleveland Chapter of Young Presidents Organization as well as several professional organizations, and is a frequent speaker on private equity and distressed investing.

Bassem serves on the board of directors for numerous Resilience portfolio companies. In addition, he serves on the boards of the Hathaway Brown School, the Museum of Contemporary Art Cleveland, and the Visiting Committee of the Weatherhead School of Management at Case Western Reserve University. He is a former Trustee of the Western Reserve Land Conservancy.

He holds a Master of Business Administration from the Weatherhead School of Management at Case Western Reserve University and a Bachelor of Science degree from the University of Dayton

Who should attend? Investors, managers or advisors to businesses.

Please join us at the Cleveland Racquet Club. Check in and complimentary breakfast starts at 730a, Panel starts at 750a. This event is complimentary. Please register in advance. If you like to learn, meet, eat and have fun, then join us.

Moderator: Ben Calkins leads The Calkins Law Firm. He is co-founder of the Center. 

Program Host: David Brownco-Founder of the Center, provides advice on the acquisition, sale or restructuring of family or founder-owned middle market businesses.

Thank You to Our Sponsors!:

JP Morgan Private Bank: it is a leading provider of wealth management solutions and advice and is an important segment of JPMorgan Chase, the largest US bank and the 6th largest bank in the world. 

For more information about JP Morgan Private Bank’s services, please contact Greg KeeganVice President, Investment Specialist, Ken Greaney (216/781-2392) Vice President, Banker or John Arrowsmith, Managing Director, Investment Specialist.

Click here to watch a timely piece on the upcoming November Elections on the J.P. Morgan Blog, where each month a member of their Client Investment Strategy team moderates timely discussions with subject-matter specialists.

The Calkins Law Firm is a premier boutique law firm that specializes in business law and focuses on business transactions and business disputes. Please contact Ben Calkins (440/796-4592).

Red Hawk Associates helps investors acquire founder or family owned firms. Please contact David Brown (216/464-8714).

A Special Note from Ben

CFE is offering, for the first time since its launch in 2015, a limited first come first come first served sponsorship opportunity. CFE has hosted programs attended by more than 1,000 business people since its launch.

The new sponsor, which will join JP Morgan, Red Hawk Associates and Calkins Law Firm as a fourth sponsor of CFE, will be consulted re future CFE programming and will benefit from considerable CFE related exposure including at programs, on the new Web site and in the thousands of CFE related e mails that are distributed each month to members of the business community in NorthEast Ohio. Crains Cleveland also promotes CFE’s events. As CFE’s sponsorships are all industry exclusive, the fourth sponsor should not be a bank, asset/ wealth manager, business intermediary or law firm.

Contact Ben Calkins 440 796 4592 for additional details.

Meeting Agenda

730a Continental Breakfast and Networking

750a Program

850a Adjourn

 FAQs

 Are there ID requirements to enter the event?

Pre registered guests only, please, due to space limitations.

 Is my registration/ticket transferrable?

Yes.

 Do I need to print and bring my paper event ticket?

No.

 Where can I contact the organizer with any questions?

Contact David Brown at dbrown@redhawkassociates.com or 216/464-8714.

 How do I contact the professionals at JP Morgan Private Bank?

For more information about JP Morgan Private Bank’s services, please contact Greg Keegan, Vice President, Investment Specialist, Ken Greaney (216/781-2392) Vice President, Banker or John Arrowsmith, Managing Director, Investment Specialist.

Venue

Cleveland Racquet Club
29825 Chagrin Boulevard, Pepper Pike, Ohio 44124
Pepper Pike, Ohio 44124 US
+ Google Map

Organizer

The Center for Free Enterprise
Website:
https://www.eventbrite.com/o/the-center-for-free-enterprise-8038369444