The liquidity and general financial footing of companies were points of emphasis in the early days of the COVID-19 pandemic. For Cyprium Partners Managing Partner Michael Conaton, most of that time was spent talking with portfolio companies about their financial position.
The coronavirus pandemic has brought our everyday routines to a grinding halt, including those in the business and dealmaking community. As the markets continue to veer up and down based on the news at that particular moment, Smart Business Dealmakers wanted to get a sense of how those typically on the frontlines of deal activity are reacting to what’s happening. We understand that news is changing by the minute, but given that reality, here is a sampling of what leaders and dealmakers across our readership had to say.
Cyprium Partners provides non-control capital for middle-market companies in need of a small boost on the path to meeting their growth objectives. “Our goal is to work with families, founders and entrepreneurs who need capital — or at least think they need capital — and don’t want to give up control,” says John Sinnenberg, partner, chairman and founding member at the firm.
Cindy Babitt and Beth Haas are two of the six partners who collectively formed Cyprium Investment Partners in 2011 to manage the legacy Key Principal Partners (KPP) portfolio where they worked together for over a decade. Now working for almost 19 years together, Babitt and Haas, along with their co-founders, have deployed over $1.5 billion in 87 platform companies.
Uniloy, Inc., a leading blow molding machine and mold manufacturer in the global plastics processing industry, today announces the completion of the purchase of its U.S. and European operations from Milacron, LLC, with transactions related to Mexico and India expected to follow later in Q3 2019.
STORY BY Mark Scott for Smart Business Dealmakers
The sale of a minority equity stake or the issuance of junior capital securities – known as non-control capital- is a viable solution for family-held business owners who have a change of heart about completely exiting their company.
It’s easy to look at dealmaking activity in 2018 and assume that sellers once again had a better year than buyers. Not so fast, says Bassem Mansour. This is the kind of question that’s best answered down the road…
Paul Smucker Wagstaff, Advisory Council member for Cyprium Partners, spent 20 years at The J.M. Smucker Co., serving as president of its $2.4 billion U.S. Consumer Food Division, before launching Eagle Foods in 2014.
Business owners often find it very difficult to accept external advice, even when it’s for something as significant as the sale of their company.
In choosing the Rising Stars of Private Equity, Mergers & Acquisitions sought full-time private equity investors whose best days are expected to be in the future.