Search Results

September 13, 2021 · News

Oaktree to Acquire Minority Stake of ABC Technologies Holdings Inc. from Cerberus

LOS ANGELES / NEW YORK, September 13, 2021 – Funds affiliated with Oaktree Capital Management, L.P. (“Oaktree”) and ABC Group Canada LP (“ABC LP”), an affiliate of funds managed by Cerberus Capital Management, L.P. (“Cerberus”), announced today that Oaktree Funds (as defined below) have entered into a share purchase agreement (the “Agreement”) with ABC LP to purchase its remaining equity interest in ABC Technologies Holdings Inc. (“ABC Technologies” or the “Company”) (TSX:ABCT) (the “Acquisition”).

August 27, 2021 · News

NASP and Cerberus Launch Milestone Partnership to Support Minority Professionals in Finance

WASHINGTON, D.C. – August 27, 2021 – The National Association of Securities Professionals (“NASP”) today announced that it has launched a three-year partnership with Cerberus Capital Management (“Cerberus”). Cerberus will become the lead sponsor of The NASP Institute and a contributing sponsor of NASP Annual Financial Services Conference, Mentors Luncheon, and Women’s Forum. Cerberus will make a $300,000 contribution to NASP, which represents the organization’s largest donation to date.

August 02, 2021 · News

Cerberus and Koch Complete Acquisition of PQ Performance Chemicals

NEW YORK & WICHITA, Kan. & MALVERN, Pa.–(BUSINESS WIRE)–Cerberus Capital Management, (together with its affiliates, “Cerberus”) and Koch Minerals & Trading, LLC (“Koch”) today announced that their partnership has completed the previously announced acquisition of the Performance Chemicals business from Ecovyst Inc., formerly PQ Group Holdings Inc. The standalone business will continue to operate under the PQ brand and retain its headquarters in Malvern, Pennsylvania.

August 02, 2021 · News

Cerberus Acquires Leading High-Performance Computing and Edge Computing Solutions Provider Source Code

NEW YORK & MILFORD, Mass.–(BUSINESS WIRE)–Cerberus Capital Management (together with its affiliates, “Cerberus”), a global leader in alternative investing, today announced that it has acquired Source Code Holdings (“Source Code” or the “Company”) from affiliates of JMC Capital Partners. Source Code will continue to be led by Founder and Chief Executive Officer Arthur Ataie and its existing management team.

July 26, 2021 · News

Lighthouse Autism Center and Cerberus Announce Strategic Partnership

SOUTH BEND, IN and NEW YORK – July 26, 2021 – Lighthouse Autism Center (“Lighthouse” or the “Company”) today announced a strategic investment by an affiliate of Cerberus Capital Management (“Cerberus”), a global leader in alternative investing. Lighthouse Founder and Chief Executive Officer Gregg Maggioli and Abry Partners will invest alongside Cerberus in the transaction.

June 15, 2021 · News

Cerberus and Highgate to Acquire Dorsett City London Hotel

LONDON & NEW YORK–(BUSINESS WIRE)–Cerberus Capital Management, L.P. (together with its affiliates “Cerberus”) and Highgate today announced the signing of a Sale and Purchase Agreement (“SPA”) for the acquisition of Dorsett City London, located at 9-13 Aldgate High Street in London (the “Hotel”), from subsidiaries of Far East Consortium International Limited (“FEC”; SEHK: 35).

June 08, 2021 · News

Olive Rock and Cerberus Acquire Stake in Leading UAE Healthcare Provider UEMedical

ABU DHABI and NEW YORK – June 8, 2021 – Olive Rock Partners (“Olive Rock”) and an affiliate of Cerberus Capital Management, L.P. (“Cerberus”) today announced they have acquired a stake in United Eastern Medical Services LLC (“UEMedical or the “Company”), a leading specialty healthcare provider based in Abu Dhabi.

June 01, 2021 · News

Cerberus Acquires Leading Technology Provider Red River

NEW YORK, CLAREMONT, NH, and CHANTILLY, VA – June 1, 2021 – Cerberus Capital Management, L.P. (“Cerberus”), a global leader in alternative investing, today announced that one of its affiliates has acquired a majority stake in Red River Technology (“Red River” or the “Company”) from a group including the Company’s founding shareholders and Acacia Partners.