Cyprium Partners Announces New Preferred Equity and Subordinated Debt Investment in Weaber, Inc.
Summary
The capital was used to facilitate the acquisition of the company by third generation President and CEO, Matthew G. Weaber. Founded in 1941 and headquartered in Lebanon, PA, Weaber, Inc. is a 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 (see http://www.weaberlumber.com). Weaber serves a diverse customer base across the U.S., which includes pro-contractor yards, flooring distributors, building products wholesalers, and leading home improvement centers. "Matt, his father Galen, and the management team at Weaber have created a unique vertically-integrated business model that we believe delivers customers the best product, service, and value in the industry. We look forward to supporting Matt and the employees of Weaber in their continued customer-focused growth objectives."