#United States #CenterGate #Zyloware #Eyewear #Port Chester

CenterGate Capital Invests in Zyloware Corporation

On December 9, 2024, CenterGate Capital, a private equity firm based in Austin, Texas, proudly announced its recent investment in Zyloware Corporation. Founded in 1923, Zyloware is a recognized leader in the eyewear frames industry, operating out of Port Chester, New York.

Zyloware is not just a manufacturer; it is a comprehensive partner, excelling in various facets of the supply chain. This includes everything from innovative product design and marketing strategies to quality assurance. The company places a strong emphasis on inventory management, distribution, and outstanding customer service. Its century-long history reflects a deep commitment to quality and affordability, which has established Zyloware as a trusted name in the global eyewear market.

Co-CEO Jamie Shyer expressed pride in the company's 101 years of industry service. He emphasized Zyloware's dedication to preserving its legacy of exceptional quality, creative design, and unparalleled customer service.

Co-CEO Chris Shyer also shared his enthusiasm for the new partnership with CenterGate, viewing it as a significant milestone for the company. He believes that this collaboration will bring new opportunities not only for Zyloware but also for its employees and business partners.

Michael Smith, Managing Director at CenterGate Capital, noted the impressive legacy built by the Shyer family and the management team at Zyloware. He expressed excitement about being part of Zyloware's next phase of growth and collaboration.

The partnership with CenterGate Capital is expected to provide Zyloware with the tailored financial support and resources needed to foster further development. This can include enhancing product offerings, increasing market reach, and optimizing operational efficiencies.

Additionally, Ernst and Young Capital Advisors, LLC played a pivotal role by acting as the exclusive financial advisor for Zyloware during this significant transaction. This underlines the strategic importance of the investment in order to sustain and accelerate the growth trajectory that Zyloware has established over the decades.

Overall, CenterGate Capital’s investment marks a promising chapter in Zyloware's storied history. With its proven track record of quality and innovation, Zyloware is poised to leverage this partnership to strengthen its market position and drive exciting new initiatives in the eyewear industry. This collaboration not only aims to enhance existing capabilities but is also aligned with the goals to respond to evolving customer preferences and industry trends.

As both companies move forward together, the outlook appears bright, promising a future marked by growth, innovation, and a shared commitment to excellence in the eyewear market.