Cyprium Completes Investment in Omega Moulding Company to Support its Acquisition and Growth
Cyprium Partners is pleased to announce the completion of a non-controlling investment in Omega Moulding Company, a leading value-added distributor of custom picture frame mouldings and supplies. Cyprium’s investment supported an acquisition of Omega Moulding by Robert Vero, who became the company’s Chief Executive Officer at closing of the transaction, and Novastone Capital Advisors, a search fund focused on solving succession challenges. Cyprium provided unitranche debt and equity alongside Farragut Capital Partners.
Founded in 1967 and headquartered in Bellport, New York, Omega Moulding offers an extensive catalog of over 1,200 SKUs of wood and plastic mouldings across 150+ differentiated design collections, as well as a comprehensive range of complementary supplies including matboards, glass, acrylic, and foam boards. Omega Moulding serves more than 4,500 customers across the United States and Canada from its six strategically located distribution centers.
“We are excited to partner with Robert as he takes the helm of a well-established, customer-centric business with nearly six decades of history. The company has built a loyal customer base and a differentiated product offering, and we look forward to working alongside Robert, Novastone, and Farragut to support the next chapter of Omega’s story.”
– Adam Martin | Vice President at Cyprium –
“Omega has earned the trust of its customers and its people over many years, and that foundation is something we intend to build on, not change. The relationships and commitment to service that define this company are exactly what makes it special – and preserving that culture while investing in the company’s growth is what this partnership is all about.”
– Robert Vero | CEO at Omega Moulding Company –
About Cyprium Partners
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 equity, 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 $5 million to $60 million per transaction in U.S. and Canadian companies with $4 million or more of EBITDA. Since its founding in 1998, the team has invested $2 billion in over 100 founder, family and entrepreneur-owned companies.