API

March 27, 2013 - 1:10pm

First Aviation Services will sell its majority interest in Aerospace Products International (API) to Cleveland-based private equity firm Resilience Capital Partners. API is a global aviation parts and equipment distributor that also provides supply chain management services to the aviation industry. Resilience, which manages funds with more than $320 million in assets, says it will inject significant capital to make API more competitive and dynamic.

 
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