Farragut Invests in Omega Moulding Company
CHEVY CHASE, MD – Farragut Capital Partners, Inc. is pleased to announce the closing of an investment in Omega Moulding Company, a leading manufacturer and distributor of custom picture frame mouldings and accessories. The investment supported a planned succession at Omega through an operator-led ownership model, with Novastone Capital Advisors backing Robert Vero as owner-operator and Chief Executive Officer. Farragut provided Unitranche debt and equity alongside Cyprium Partners in the transaction.
Headquartered in Bellport, NY, Omega serves independent frame shops, wholesalers, and commercial framing customers across the U.S. and Canada. The partnership with Mr. Vero and Novastone is designed to preserve Omega’s culture and legacy while investing in leadership, technology, product innovation, and growth.
Rob Hagerty, Partner at Farragut, said of the transaction, “We’re excited to partner with Robert, Novastone, and Cyprium on this investment. Omega has a nearly sixty-year history of providing quality products and dependable service that we look forward to building upon.”
Mr. Vero added, “This partnership ensures continuity for Omega’s customers and employees while positioning the business for its next chapter of growth. The continued involvement of the founding family and the support of aligned capital partners creates a strong foundation for long-term value creation.”
For more information on Omega, please visit www.omegamoulding.com