Search Results

September 19, 2024 · News

Cerberus Provides Additional Background Related to Steward Health Care

NEW YORK – September 19, 2024 – Cerberus Capital Management, L.P. (“Cerberus”) today provided the following statement and additional information related to its former investment in Steward Health Care (“Steward”), which concluded in 2020. In 2010, affiliates of Cerberus acquired from the Catholic Archdiocese of Boston six operationally and financially failing acute care hospitals. At … Read more

August 14, 2024 · News

Vivace Announces Growth Investment from Cerberus

NEW ORLEANS & NEW YORK – August 6, 2024 – Vivace International Corporation (“Vivace” or the “Company”), a manufacturer of specialty propulsion tanks for space and defense applications, today announced that it has received a growth capital investment from an affiliate of Cerberus Capital Management, L.P. (“Cerberus”), a global leader in alternative investing. Building upon … Read more

August 01, 2024 · News

Cerberus, EBRD and IFC Finalise the Acquisition of VeloBank in Poland

Warsaw, 1 August 2024 – An affiliate of Cerberus Capital Management, L.P. (“Cerberus”), the European Bank for Reconstruction and Development (“EBRD”) and the International Finance Corporation (“IFC”, a member of the World Bank Group) announce today the successful completion of the acquisition of 100 per cent of the shares of VeloBank S.A. from the Bank … Read more

May 30, 2024 · News

Cerberus Acquires Calspan’s Hypersonics and Test Systems Business Units from TransDigm and Forms North Wind, a Leading Independent Supplier of Hypersonic Test Infrastructure, Systems and Services

NEW YORK and ST. PAUL, MINNESOTA – May 30, 2024 – Cerberus Capital Management, L.P. (together with its affiliates, “Cerberus”), a global leader in alternative investing, today announced that it has acquired Calspan’s hypersonic and defense test systems business units from TransDigm Group (NYSE: TDG). In acquiring Calspan Aero Systems Engineering and Calspan Systems, Cerberus … Read more

May 28, 2024 · News

Cerberus Acquires Controlling Interest in Leading Government Aviation Services Provider M1

NEW YORK and DENTON, Texas – May 28, 2024 – Cerberus Capital Management, L.P. (together with its affiliates, “Cerberus”), a global leader in alternative investing with a dedicated investment platform focused on supply chain integrity and national security, today announced that it has acquired a controlling interest in M1 Support Services (“M1” or the “Company”). … Read more