Cleveland, Ohio: Cyprium Partners, a non-control private equity firm, is pleased to announce its new sponsorless mezzanine investment in B.J. Alan Company, dba Phantom Fireworks. The capital was used to refinance existing indebtedness and to fund continued growth. This investment was Cyprium’s fourth transaction from its Cyprium Investors IV fund, which closed in December 2014.
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Cyprium Partners Adds Paul Smucker Wagstaff To Its Advisory Council
Cleveland, Ohio: Cyprium Partners, a private equity firm that makes non-control investments in privately held companies, has added Paul Smucker Wagstaff to its Advisory Council. The Council is made up of experienced operating executives who provide support and advice to Cyprium portfolio investments (for more information see https://cyprium.com/advisory-council.php).
Cyprium Partners Exits Atis Group Investment
Cleveland, Ohio: Cyprium Partners is pleased to announce the sale of Atis Group Inc., a leading Canadian window and door manufacturer, to a Quebec-based investment group led by Fonds de solidarite FTQ, Capital regional et cooperative Desjardins, and Fondaction CSN.
Cyprium Partners Adds John Ward To Its Advisory Council
Cleveland, Ohio: Cyprium Partners, a private equity firm that makes non-control investments in privately held companies, has added John Ward to its Advisory Council. The Council is made up of experienced operating executives with diverse and complimentary industry and functional expertise (for more information see www.cyprium.com/advisory-council.php).
Cyprium Partners Promotes Three Investment Professionals
Cleveland, Ohio: is pleased to announce three promotions: Daniel Kessler and Beth Haas Laschinger to Partner, and Patrick Rond to Principal; all three are based in Cyprium’s Cleveland headquarters. The promotions are in recognition of the exemplary work by these three investment professionals with the expectation that they will continue to meaningfully contribute to Cyprium’s growth and success as the firm invests its $460 million non-control focused fund, Cyprium Investors IV.
The Minority Recapitalization: Maximizing shareholder value while retaining economic control
A Minority Recapitalization (Recap) is a viable liquidity alternative for company owners. However, Cyprium has frequently observed that business owners lack the market awareness that would enable them to develop an appreciation for the prospective benefits of a Minority Recap option. Just as important, many issuers are oftentimes unaware of the flexibility that junior capital…
Cyprium Partners Closes Its Fourth Fund at $460 Million, Continuing Its Long-Time Focus on Non-Control Investments.
Cleveland, Ohio: Cyprium Partners, a private equity firm focused on making non-control investments, announced the closing of its fourth fund, Cyprium Investors IV, raising $460 million. The fund continues the firm’s long-time strategy of making sponsorless non-control investments of equity and/or subordinated debt. The firm focuses on middle-market companies with $10 million or more of EBITDA headquartered in the U.S. or Canada. Investors in Cyprium’s fund include domestic and foreign pension funds, insurance companies, family offices and entrepreneurs who the firm has backed in previous investments.
Cyprium Partners Exits Investment in Honsador Holding LLC, the Largest Building Products Distributor in Hawaii
Cyprium Partners exits its investment in Honsador Holding LLC, the largest building products distributor in the state of Hawaii, in a sale to Grey Mountain Partners. During Cyprium’s investment period, the company acquired Alpha Electric Supply, an electrical distribution business, and expanded its building products distribution operations to include a significant presence in each of the five major Hawaiian markets.
Cyprium Partners Announces New Subordinated Debt Investment in Hobbico.
Cyprium Partners has completed a new subordinated debt investment in Hobbico with the proceeds used to refinance the company’s existing indebtedness and for the ongoing growth of the business. It was Cyprium’s second investment in the company since 2010 and was made out of the firm’s Cyprium Investors IV fund.
Two Prior Cyprium Portfolio Companies Recognized in the Crain’s Chicago Fast 50
Cyprium Partners prides itself on identifying exceptional management teams who are just as committed as we are to planning for growth. This alignment, combined with a non-control capital solution from Cyprium, allows management teams, entrepreneurs and family shareholders to substantially benefit by retaining operational and economic control of their companies. That’s why we are pleased…