Century Park Capital Partners is pleased to announce the acquisition of ROM Corporation (“ROM”). Based in Belton, MO, ROM designs and manufactures innovative niche products used in the trucking and transportation industries. Its primary products include shutter doors used in fire safety and military vehicles, ramps, insulated bulkheads and related products used in foodservice trailers. The company has the leading market positions in its core product lines, with strong brand recognition and a reputation for premium quality.
Century Park Capital Partners negotiated the acquisition directly with ROM’s previous institutional investor, Hampshire Equity Partners. Steve Briggs, President of ROM said the following: “Joining the Century Park Capital Partners team marks the beginning of an exciting new era in ROM’s long and successful history. We will continue delivering high impact results by joining our own entrepreneurial spirit with that of our new teammates. Century Park Capital has a proven track record of supporting the best in strategic, operational, and technological leadership initiatives. Our customers and partners will benefit directly from this commitment to excellence.”
Century Park attributes ROM’s tremendous success to the significant industry expertise of the existing ROM management team that successfully implemented process improvements and lean manufacturing techniques while maintaining the industry’s top customer support. “The ROM management team, working together with Hampshire Equity, did an outstanding job of improving the performance of ROM,” said Chip Roellig, a Managing Partner of Century Park. “We look forward to working with this outstanding management team to take the company to the next level.”
For more information on ROM Corporation, please visitwww.romcorp.com/.
Century Park Capital Partners is a Los Angeles-based private equity firm that partners with owner/managers to build successful companies. The firm specializes in facilitating owner liquidity and business expansion by providing equity for recapitalizations, buyouts, growth financings, and acquisitions. More information on Century Park Capital Partners can be found at www.centuryparkcapital.com.