The companies below represent Cyprium team investments made since 2006 and which are still active holdings.
ACT Lighting, Inc – Hackensack, NJ
ACT Lighting is a value-added distributor of lighting control consoles, lighting fixtures, chain hoists, fog and haze machines, cables, and various other equipment for live events such as concerts, theatrical performances, and corporate trade shows. Cyprium’s investment was used to fund the strategic acquisitions of RapcoHorizon and AC Power and refinance existing debt.
Backyard Products, LLC – Monroe, MI
Backyard Products is a manufacturer, distributor, and installer of residential wood shed and playset structures. The Company has a leading market position in wood sheds in North America, serving both the do-it-yourself (“DIY”) and do-it-for-me (“DIFM”) market segments. Backyard also offers residential playsets and accessories.
Bensussen Deutsch & Associates (BDA) – Woodinville, WA
BDA is a full service promotional agency specializing in branded merchandise designed for Fortune 500 customers and major professional and amateur sports leagues and teams. The Company also designs and sources video game accessories sold under its “Power A” brand. Cyprium’s investment in BDA was used to refinance a portion of the Company’s existing indebtedness and to fund its continued growth.
Irvin Automotive Products, Inc. – Pontiac, Michigan
Irvin Automotive is a leading Tier I and Tier II producer of automotive trim products, including seat covers, headrests, cargo shades, center and door armrests, sun visors and bolsters primarily to the North American automotive industry. Cyprium’s investment was used to facilitate an acquisition of the business by Detroit entrepreneur Vinnie Johnson.
MC Assembly – Melbourne, FL
MC Assembly provides customized printed circuit board (PCB) assembly for companies in a wide variety of industries, including the gaming, industrial, computer, medical, and telecom/networking markets. Initially, Cyprium Partners invested in the Company’s subordinated debt, in partnership with another private equity firm, to help fund an Employee Stock Ownership Plan (ESOP). Funds provided were used by the ESOP to purchase a significant minority position from the existing Company owners. More recently, Cyprium increased our investment in the Company by purchasing a controlling interest in MC and we continue to assist them with growing both organically and by acquisition.
MGS Mfg. Group, Inc. – Germantown, WI
MGS Mfg. Group, Inc. is a manufacturer of custom injection molded parts and related tooling. The Company specializes in complex, multi-shot molded products and has a reputation for being able to meet difficult design and production requirements. Cyprium first invested in MGS in 2012 and then again in 2016. Cyprium’s subordinated debt and equity investments in MGS have been used to refinance a portion of the Company’s indebtedness and facilitate its continued domestic and international growth.
Paper Machinery Corporation – Milwaukee, WI
Paper Machinery Corporation is a manufacturer of complex, high-speed forming machines and ancillary equipment utilized by paper and packaging companies to produce paper cups, paperboard canisters, and custom paperboard packages. Cyprium’s capital was used to facilitate an acquisition of the business by a newly formed Employee Stock Ownership Plan (ESOP).
United Ag & Turf – Bryan, TX
United Ag & Turf is a John Deere agriculture and turf equipment dealer group with 29 full-service locations in Texas, Oklahoma and Arkansas. The business offers new and used equipment, parts and service to a diverse base of customers including farm operators, commercial property managers and homeowners. Cyprium’s investment was used to facilitate the acquisition of certain contiguous dealerships and fund continued growth.
Weaber, Inc. – Lebanon, PA
Weaber, Inc. is a U.S. market leader in a wide range of finished hardwood lumber products, including surfaced four sides (“S4S”) boards, flooring, mouldings, stair parts, and factory primed and painted finger-jointed products from Oak, Poplar, and other hardwood species. Cyprium’s capital was used to facilitate the acquisition of the company by President and CEO Matthew Weaber.