Cyprium Partners completed a subordinated debt investment in Kustom US to support the acquisition of Zion Restoration and provide capital for future acquisitions.
“The Zion acquisition is consistent with Kustom’s long-term strategy of completing acquisitions of companies with a strategic fit and combining the quality service developed by the local relationships with the size, reach and expertise of its national enterprise,” Cindy Babitt, a partner at Cyprium, said. “Zion brings several talented managers that have an extraordinarily good fit with Kustom’s culture and team. We are proud to support Kustom in this acquisition and future opportunities.”
“It is important to keep Kustom a privately owned and controlled company to execute its long term strategic growth plan. The completion of the transaction with Cyprium Partners and the addition of mezzanine financing provides additional capital and flexibility to continue Kustom’s long term strategic growth plan on a non-control basis. We have always been selective as to who we do business with, and both Cyprium and Kustom are Midwest founded firms, sharing similar cultural fit and values,” Andrew Zavodney, CEO of Kustom US, said.
Kustom US is a property restoration company.
Zion, based in Pasco, WA, is a water and mold remediation business serving the Pacific Northwest.
