Cleveland, Ohio: Cyprium Partners is pleased to announce the promotion of Peter Chung to Senior Associate. Mr. Chung will play an increasing role in identifying, evaluating and executing new investment opportunities, as well as monitoring existing portfolio company investments.“Peter combines the natural curiosity and strong work ethic that are essential to successful investing. His thoughtful analysis in support of new investment opportunities and existing portfolio companies is a real asset to the Cyprium team,” notes Beth Haas, Partner at Cyprium. “It has been a pleasure to observe his continued development, and we are excited for him to take the next step in his career.”
Mr. Chung joined Cyprium Partners in 2016 from SunTrust Robinson Humphrey where he worked as an Investment Banking Analyst. Peter supported senior bankers in the Technology, Media and Telecom group in pitching and executing mergers and acquisitions, equity offerings and debt financing for publicly-traded and private companies. Prior to joining SunTrust, Mr. Chung worked in middle-market credit at BB&T, where he underwrote debt transactions as a generalist. Mr. Chung received his B.B.A. in Finance from Temple University.
Cyprium Partners is a private equity and mezzanine firm focused on non-controlling investments in profitable middle-market companies, allowing company owners and their management teams to retain a controlling interest in their businesses. Cyprium provides common equity, preferred stock, subordinated debt or any combination thereof, offering flexibility and increasing the certainty of close.
The Cyprium team is celebrating its 20th year and has deployed over $1.5 billion in 75 non-control investments. With offices in Cleveland, New York, and Chicago, the firm invests $10 million to $60 million per transaction in U.S. and Canadian companies with $8 million or more of EBITDA.