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Experienced owner-operator (Rubber Labels USA) and executive with a track record of building and scaling manufacturing and distribution businesses, Robert Vero joined the NCA operator-led buyout program and has just announced the acquisition of Omega Moulding, a leading North American manufacturer and distributor of custom picture frame mouldings and accessories. The EV is approximately $30M, representing more than 5x EBITDA. The transaction was supported by Cyprium Partners and Farragut Capital Partners, which provided unitranche debt and equity, as well as EntreBank, which provided an operating line of credit. Through this transition, the Portnoy family’s legacy is preserved while positioning Omega for its next chapter of growth under experienced leadership.
Headquartered in Bellport, New York, Omega Moulding serves more than 5,000 customers, including independent frame shops, wholesalers, and commercial clients across the United States and Canada. Founded nearly sixty years ago, the company has built a reputation for quality, reliability, and long-standing customer relationships. Revenues are approximately $45M, with EBITDA of about $5.7M.
“The Portnoy family was deeply committed to finding a partner who would honor the company’s legacy while leading Omega into its next chapter,” said Robert Vero. “I’m excited to combine institutional rigor with entrepreneurial grit to build Omega’s future as a foundational platform in the framing industry, enabling framing at scale.”
