The team at Cyprium Partners is pleased to be celebrating its 20th Anniversary.
Cyprium Partners announces the addition of healthcare expert, Charles Sweet to the Advisory Council. The Council is made up of experienced operating executives selected for their specialized industry backgrounds and complementary areas of functional expertise.
Cleveland, Ohio—Cyprium Partners is pleased to announce the appointment of Wes Owen as a Managing Director to the firm’s New York office, where he will oversee East Coast new investment originations and further develop the organization’s existing network of referral sources, including investment banks, lenders and trusted company advisors.
Cleveland, Ohio: Cyprium Partners is pleased to announce the promotion of Nicholas Stone to Managing Director. Mr. Stone oversees Cyprium’s Chicago office and will lead the firm’s origination and marketing related activities. The promotion is in recognition of Mr. Stone’s significant contributions to the success of the firm, particularly the current $460 million non-control focused fund, Cyprium Investors IV. The firm will rely on his expertise and energy to continue building the business development effort critical to Cyprium’s investment model and future growth.
Cleveland, Ohio: Cyprium Partners, a non-control private equity firm, is pleased to announce its new subordinated debt and equity investment in Irvin Automotive Products, Inc. (Irvin). The investment was used to facilitate an acquisition of the business by Detroit entrepreneur Vinnie Johnson from Takata Corporation. Irvin will operate separate from Piston Group, another automotive business owned by Mr. Johnson, and will continue to be run by Irvin’s current management team led by Joseph Finn. This investment was the twelfth transaction from the firm’s Cyprium Investors IV fund, which closed in December 2014.
Cleveland, Ohio: Cyprium Partners, a non-control private equity firm, is pleased to announce its new subordinated debt investment in Paper Machinery Corporation (PMC). The capital was used to facilitate an acquisition of the business by a newly formed Employee Stock Ownership Plan (ESOP) from the Baumgartner family. The selling shareholders, Donald Baumgartner and John Baumgartner, will continue to serve on the company’s board of directors.