Cyprium Invests with Independent Sponsor to Acquire Uniloy, Inc.
Cyprium Partners, a middle-market private equity firm is pleased to announce an investment in Uniloy, Inc.
Founded in 1950, Uniloy is a leading provider of blow molding systems, molds and aftermarket support to customers around the world. Cyprium’s investment was used to facilitate a carve-out acquisition of the business from Milacron Holdings Corp. (NYSE: MCRN) in partnership with Osgood Capital Group LLC and management. The business will continue to be run by Uniloy’s current management team led by Brian Marston.
“The carve-out of Uniloy into an independent business will benefit all stakeholders by allowing the company to focus on delivering the highest levels of quality, service and innovation to blow molding customers,” said Leland Lewis, a Partner at Cyprium. “Working alongside Joe Levy, a knowledgeable plastics industry veteran who leads independent sponsor Osgood Capital, has been a great experience. We are excited to be involved with Uniloy as it embarks on this new chapter.”
Uniloy, headquartered in Tecumseh, Michigan has operations in seven countries in North America, Europe and Asia. Uniloy marks the Cyprium team’s 19th platform investment in the plastics and packaging sector.
ABOUT CYPRIUM PARTNERS
Cyprium Partners is a private equity and mezzanine firm focused on non-controlling investments in profitable middlemarket 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. Over the last 21 years, the partners at Cyprium have invested over $1.5 billion in 86 platform companies.