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January 26, 2021 · News

IMAGINE Strengthens Balance Sheet to Drive Growth Plan

MINNEAPOLIS – January 26, 2021 – The IMAGINE Group (“IMAGINE” or “the Company”), a leading provider of visual communications, announced today that it has completed a recapitalization, reducing the company’s debt load from $550 million to $100 million and facilitating new capital investment. With this new financial structure in place, IMAGINE has a stronger, healthier balance sheet that will support its ambitious growth plan to accelerate its leadership position in the industry.

December 23, 2020 · News

Cerberus Announces Sale of Sparton to Elbit Systems of America

NEW YORK – December 23, 2020 – Cerberus Capital Management, L.P. (“Cerberus”), a global leader in alternative investing, today announced that one of its affiliates has signed a definitive agreement to sell Sparton Corporation (“Sparton”) to Elbit Systems of America, LLC (“Elbit Systems of America”).

December 08, 2020 · News

Provender Partners and Cerberus Announce Joint Venture

NEWPORT BEACH and NEW YORK – December 8, 2020 – Provender Partners, the premier refrigerated real estate investor in the U.S., today announced a joint venture with an affiliate of Cerberus Capital Management, L.P. (“Cerberus”), a global leader in alternative investing. The partnership will focus on building a multibillion dollar portfolio of cold storage processing facilities in the United States, while bringing vital supply chain solutions to market.

October 28, 2020 · News

Cerberus Acquires National Dentex Labs

NEW YORK and PALM BEACH GARDENS – October 27, 2020 – Cerberus Capital Management, L.P. (“Cerberus”), a global leader in alternative investing, today announced that one of its affiliates has acquired National Dentex Labs (“NDX” or the “Company”), the largest network of fully-owned dental labs in the United States providing superior restorative dentistry solutions.

September 01, 2020 · News

Kellermeyer Bergensons Services Acquires Clearview Cleaning Service

Oceanside, CA – September 1, 2020 – Kellermeyer Bergensons Services, LLC (“KBS”), a trusted partner to leading operations and facility managers across North America, today announced the acquisition of Clearview Cleaning Service, Inc (“Clearview Cleaning”). Headquartered in Boise, Idaho, Clearview Cleaning is a leading provider of commercial cleaning services in Idaho, Washington, and Oregon with … Read more

August 24, 2020 · News

Global Investment Firm Cerberus Acquires Stake in Certain MCS Group Companies

ULAANBAATAR, MONGOLIA and NEW YORK – 24 August 2020 – MCS Group (“MCS” or the “Company”), which consists of over 20 companies operating in various sectors such as energy, engineering, mining, real estate, telecommunications, and consumer goods, today announced that it has completed a transaction with an affiliate of Cerberus Capital Management, L.P. (“Cerberus”), a global leader in alternative investing. An affiliate of Cerberus has acquired approximately 20% indirect ownership or notes convertible into equity of seven MCS companies operating in the telecommunications and consumer goods sectors.

August 21, 2020 · News

Cerberus Announces Acquisition of Westpac’s Strategic Alliances (Vendor Finance) Business

NEW YORK and MELBOURNE – August 21, 2020 – Cerberus Capital Management, L.P. (“Cerberus”), a global leader in alternative investing, today announced that one of its affiliates has entered into an agreement to acquire the Strategic Alliances (Vendor Finance) business of Westpac Group (“Westpac”). Upon completion of the transaction, the business will be combined with Angle Finance, a recognized provider of equipment finance solutions in Australia and a Cerberus portfolio company.

July 21, 2020 · News

Sparton Corporation Completes Sale of its Manufacturing & Design Services Business

DE LEON SPRINGS, FL. – JULY 21, 2020 – Sparton Corporation (“Sparton” or “the Company”), a leading provider of engineered products for the defense industry, today announced that it has completed the previously announced sale of its contract manufacturing unit, Manufacturing & Design Services (“MDS”), to One Equity Partners. In conjunction with the closing of the transaction, the MDS business has been rebranded as Spartronics.

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