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.
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M-D Building Products: DIY Stuff with Staying Power
M-D Building Products Inc. provides essential weatherproofing products for residential homeowners—basic DIY offerings that help position the company itself to be somewhat impervious to economic fluctuations in the broader economy.
Cyprium Partners Promotes Nicholas Stone to Managing Director
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.
Cyprium Partners Announces New Investment in Irvin Automotive Products, Inc.
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.
Cyprium Partners Announces New Investment in Paper Machinery Corporation (PMC).
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.
Cyprium Partners Announces New Sponsorless Mezzanine Investment in Bensussen Deutsch & Associates, LLC (BDA)
Cleveland, Ohio: Cyprium Partners, a non-control private equity firm, is pleased to announce its new sponsorless mezzanine investment and commitment in Bensussen Deutsch & Associates, LLC (BDA). This investment was the eleventh transaction from the firm’s Cyprium Investors IV fund, which closed in December 2014.
Baumgartners turn over Paper Machinery to surprised employees
By Rick Barrett of the Journal Sentinel A family with some of Milwaukee’s deepest manufacturing roots has decided to turn its company over to the people it credits most for its success. The families of Donald Baumgartner and his son, John, owners of Paper Machinery Corp., handed the 65-year-old Milwaukee company over to stunned employees…
Cyprium Partners Promotes Nicholas Stone to Principal
Cleveland, Ohio: Cyprium Partners is pleased to announce the promotion of Nicholas Stone to Principal. Mr. Stone is based in Cyprium’s Chicago office. The promotion is in recognition of the exemplary work by Mr. Stone as a leader of the firm’s investment activities. He will continue to play a significant role in Cyprium’s continued growth as well as investing the firm’s current $460 million non-control focused fund, Cyprium Investors IV.
Selection Bias – All Capital Is Not Created Equal
Cyprium Capital Markets Perspectives By John Sinnenberg, Chairman, Cyprium Partners My colleagues and I came together seventeen years ago to form the core investment team of Cyprium Investment Partners. Our guiding investment philosophy since our founding has been to make long-term, illiquid, non-controlling investments directly alongside entrepreneurs and families to facilitate the continued growth of…
Cyprium Partners Announces New Preferred Equity and Subordinated Debt Investment in Weaber, Inc.
Cleveland, Ohio: Cyprium Partners, a non-control private equity firm, is pleased to announce a preferred equity and subordinated debt investment in Weaber, Inc. The capital was used to facilitate the acquisition of the company by third generation President and CEO, Matthew G. Weaber. This investment was Cyprium’s sixth transaction from its Cyprium Investors IV fund, which closed in December 2014.