Cyprium’s management team established its first investment vehicle in 1998 as Key Principal Partners (KPP), deploying a total of three funds on behalf of KeyCorp and third-party limited partners. With the passing of the Dodd-Frank legislation, the KPP management team decided to form an independent partnership, and in 2011, Cyprium Investment Partners LLC was formed. This new partnership retained the existing portfolio and subsequently raised Cyprium IV, a $460 million investment vehicle.
Relationships are paramount, and the Cyprium team expects that its next twenty years will mirror the last two decades, deploying non-control capital alongside founders, entrepreneurs, and management teams while building relationships that allow both the business and, more importantly, the people to thrive.
Cyprium Partners is a private equity and mezzanine firm focused on non-controlling investments in profitable middle-market companies, allowing company owners and their management teams to retain a controlling interest in their businesses. Cyprium provides common equity, preferred stock, subordinated debt or any combination thereof, offering flexibility and increasing the certainty of close. With offices in Cleveland, New York, and Chicago, the firm invests $10 million to $60 million per transaction in U.S. and Canadian companies with $8 million or more of EBITDA.
*The Partners of Cyprium established their first investment vehicle in 1998.