Merion Investment Partners III, L.P. is pleased to announce a new investment in Magma Products (“Magma”). Merion provided subordinated debt and equity to support the acquisition of the company by a private equity firm.
Headquartered in California, Magma is the leading manufacturer and marketer of high-quality cookware products designed for use in harsh marine and outdoor environments.
Merion Investment Partners III, L.P. is pleased to announce a successful exit from CIS Credit Solutions (“CIS”). Merion provided subordinated debt to support the acquisition of CIS by a single family office in 2018.
The company, headquartered in Allamuchy, NJ, is a leading provider of credit reports and complementary services to mortgage lenders, brokers and banks.
Merion retains a residual equity participation in the company.