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Resilience Capital Partners makes equity investment in Hynes Industries

Resilience Capital Partners, a Cleveland-based private equity firm focused on investing in and improving lower midmarket companies in a variety of industries, has announced an investment in Hynes Industries Inc. and Hynes Kokomo LLC, which will operate as a newly formed platform company that will continue under the name of Hynes Industries.

Members of the Bresnahan family will retain a minority ownership stake in the business. Hynes, based in Youngstown, Ohio, is a North American manufacturer of roll formed shapes, strip steel, and flat wire.