Cyprium Partners Invests $15 Million in MGS Mfg. Group, Inc. Capital to be used for Growth & Refinancing

Cleveland, Ohio – July 2, 2012 Cyprium Investment Partners LLC (Cyprium), a private equity firm focused primarily on non-control investments, announced today a $15.0 million subordinated debt investment in MGS Mfg. Group, Inc. Cyprium’s investment will be used to refinance a portion of the Company’s existing indebtedness and facilitate its continued domestic and international growth. Headquartered in Germantown, WI and operating from six locations in three countries, MGS is a full-service injection molding business that specializes in solving complex production engineering issues for its customers.

“MGS has differentiated itself in a competitive industry by providing turnkey custom molding solutions for its customers. MGS can design and build complex tools, automate production lines using proprietary equipment and produce high quality molded parts that conform to some of the most stringent tolerances in the global marketplace,” said Leland Lewis, a Managing Partner at Cyprium. “We pride ourselves on supporting companies like MGS that have created sustainable and dynamic niches within their respective industries.”

About MGS Mfg. Group, Inc.
Founded in 1982, MGS Mfg. Group, Inc. produces injection molded parts and provides mold-making engineering services and equipment design.  The company specializes in complex, multi-shot molded products and has a reputation for being able to meet difficult design and production requirements. Learn more about MGS at www.mgstech.com.

About Cyprium Partners
Cyprium Investment Partners LLC is a private equity firm focused primarily on non-control (minority ownership) investments. Cyprium utilizes a combination of subordinated debt, preferred stock and/or common stock to enable privately-held businesses, entrepreneurs and management teams to achieve their financial and/or strategic objectives. With offices in Cleveland and New York, the firm invests $10 million to $60 million per transaction in US and Canadian companies that have $8 million or more of EBITDA.  Learn more about Cyprium Partners at www.cyprium.com.