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October 22, 2019 · News

Cerberus to Acquire Kellermeyer Bergensons Services from GI Partners

NEW YORK – October 22, 2019 – Cerberus Capital Management, L.P. (“Cerberus”), a global leader in alternative investing, today announced that one of its affiliates has entered into a definitive agreement to acquire Kellermeyer Bergensons Services, LLC (“KBS” or the “Company”) from affiliates of GI Partners. Headquartered in Oceanside, California, KBS is a leading provider … Read more

October 14, 2019 · News

Cerberus to Acquire Closure Systems International from Reynolds Group

NEW YORK – October 14, 2019 – Cerberus Capital Management, L.P., a global leader in alternative investing, today announced that one of its affiliates has entered into a definitive agreement to acquire the North American, Costa Rican, and Japanese businesses and related facilities of Closure Systems International, a global leader in closure design, manufacturing, and … Read more

September 09, 2019 · News

Cerberus Signs Agreement to Acquire Axsesstoday

NEW YORK – September 9, 2019 – Cerberus Capital Management, L.P. and its affiliates (collectively, “Cerberus”), a global leader in alternative investing, is pleased to have executed a Deed of Company Arrangement related to certain subsidiaries of Axsesstoday Limited (“Axsesstoday” or the “Company”), a provider of equipment finance solutions to small and medium businesses in … Read more

April 18, 2019 · News

Cerberus Closes $5.1 Billion of Commitments for Global NPL Strategy

NEW YORK, April 18, 2019 – Cerberus Capital Management, L.P., (collectively with its affiliates, “Cerberus”), a global leader in alternative investing, today announced the close of approximately $5.1 billion of commitments for its global non-performing loan (“NPL”) strategy. Cerberus Global NPL Fund, L.P. (“Global NPL Fund”) initially targeted $3.5 billion in commitments and closed approximately $4.1 billion of commitments from existing and new limited partners. In addition to the Global NPL Fund, Cerberus raised over $1.0 billion of commitments in separately managed accounts (“SMAs”) for its global NPL strategy.

April 10, 2019 · News

PropertyEU’s Exclusive Interview with Cerberus’ Real Estate Team

PropertyEU published an in-depth profile on Cerberus’ real estate platform, highlighting the firm’s track record in Europe over the past years. Lee Millstein, President of Cerberus Global Investments and Global Head of Real Estate, Ron Rawald, Head of International Real Estate, and Daniel Dejanovic, Head of European Real Estate, provided exclusive insights into Cerberus’ real estate activities across Europe and plans for the future.

March 04, 2019 · News

Cerberus Completes Acquisition of Sparton Corporation

SCHAUMBURG, Ill., March 4, 2019 – Sparton Corporation (“Sparton” or the “Company”) (NYSE:SPA) today announced the completion of its acquisition by Sparton Parent, Inc. (formerly known as Striker Parent 2018, LLC) (“Parent”), an affiliate of Cerberus Capital Management, L.P. (“Cerberus”). Pursuant to the terms of the transaction, Sparton has become a wholly owned subsidiary of … Read more

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