CLEVELAND, August 26, 2016 – Resilience Capital Partners, a Cleveland-based private
equity firm focused on investing in and improving lower mid-market companies in a broad range
of industries, has acquired Burlington, North Carolina-based Firequip, Inc., a distributor of
industrial hose, couplings and accessories for customers in the oil and gas, refining and
agricultural sectors. Firequip is the largest distributor of products made by All-American Hose,
LLC, which Resilience acquired in March of this year. All-American Hose, based in Union City,
Pennsylvania, is a leading provider of hoses and high-pressure components for firefighting,
military and water management customers around the world.
Terms of the transaction were not disclosed.
“Firequip and All-American Hose have a longstanding, mutually beneficial relationship,” said
Steve Rosen, co-chief executive officer of Resilience Capital Partners. “Together, they will
improve their already impressive product and distribution capabilities. We believe they will
maintain their close ties with existing customers, add to their market share and reach new
Resilience Capital Partners purchased Firequip from Ron Stanley, who has owned the company
since 2006. Stanley will become chief executive officer of the combined All-American Hose and
“The combination of All-American Hose and Firequip will generate product and administrative
synergies and create a combined distribution network that can help us grow both companies,”
said Stanley. “I look forward to leveraging the resources available to us through Resilience
Capital Partners to improve on-time deliveries, put in place disciplined supply chain
management and make the most of our combined distribution network to grow the business.”
Founded in 1979, Firequip is a firehose distribution company and the leading supplier for AllAmerican
Hose, LLC. Based in Burlington, North Carolina, Firequip also provides industrial
hose, couplings and accessories for customers in the oil and gas, refining and agricultural sectors.
Firequip is committed to its tradition of sourcing, assembling, stenciling, inspecting and testing
the highest-quality firehose built to the top specification standards in the industry. For more
information, visit www.firequip.com.
About All-American Hose, LLC
All-American Hose, LLC, is a leading provider of hoses and high-pressure components for
firefighting, military and water management customers around the world. Based in Union City,
Pennsylvania, the company makes lay-flat hose for municipal and volunteer fire departments, as
well as for industrial, military and agricultural users around the world. All-American Hose was
the first to market with large-diameter hose (LDH) products for firefighters. Its products include
the Snap-Tite Hose, National Fire Hose and Ponn brands. It is the only company to manufacture
all of its hose models in the United States. For more information, visit http://www.allamericanhose.com.
About Resilience Capital Partners
Headquartered in Cleveland, Ohio, Resilience invests in niche-oriented manufacturing, value
added distribution and business service companies 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. Resilience manages in excess of $625
million across for its global investor base, which includes pension funds, insurance companies,
foundations and endowments, fund of funds and family offices. For more information, please
Constance N. Hubbell
The Hubbell Group, Inc.