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April 03, 2023 · News

Cerberus Completes Sale of Worldwide Flight Services to SATS

NEW YORK – April 3, 2023 – Cerberus Capital Management, L.P. (“Cerberus”), a global leader in alternative investing, today announced that one of its affiliates has completed the previously announced sale of Worldwide Flight Services (“WFS” or the “Company”) to SATS for an enterprise value of €2.25 billion. Cerberus acquired WFS in 2018 for an … Read more

February 28, 2023 · News

Cerberus and Florida Agricultural & Mechanical University Take New Steps in Partnership

Since launching our partnership with Florida Agricultural & Mechanical University (FAMU) in 2022, we’ve had the opportunity to meet, mentor, and support the University’s exceptional students and develop strong relationships with faculty members. Through on-campus visits, case study competitions, and guest lectures, our team members continue to demonstrate Cerberus’ commitment of engaging in impactful activities … Read more

January 17, 2023 · News

Community: Cerberus and Make-A-Wish Expand Long-term Partnership

We’re expanding our long-term partnership with the Make-A-Wish Foundation through a dedicated sponsorship that will impact new communities. By providing resources for full-time Spanish-speaking bilingual support, Make-A-Wish chapters nationwide may now advance the Wishes of over 1,000 Spanish-speaking families. Since 2014, Cerberus and Make-A-Wish’s Metro & Western New York chapter have delivered uplifting, life-changing experiences … Read more

December 12, 2022 · News

Community: Our Partnership with Guiding Eyes for the Blind

We’re proud to partner with Guiding Eyes For The Blind, which connects exceptional guide dogs to people with vision loss, free of charge. Over the past six decades, Guiding Eyes has graduated more than 10,000 guide dog teams to help people facing the daily challenges of vision loss gain greater independence. Watch the video below … Read more

December 06, 2022 · News

Michael Keough Joins Cerberus’ Real Estate Capital Formation Team

NEW YORK–(BUSINESS WIRE)–Cerberus Capital Management, L.P. (“Cerberus”), a global leader in alternative investing, today announced that Michael Keough has joined as a Managing Director to lead capital raising and investor partnerships in the Western United States for the Firm’s Real Estate platform. “We’ve built trusted relationships with our investors across North America over the past … Read more

December 06, 2022 · News

Neha Santiago’s Insights with Commercial Observer

Head of Cerberus Real Estate Private Credit Neha Santiago recently sat down with Commercial Observer for its annual Lender Insights edition to discuss the current lending environment and the opportunities ahead. Click on the image to read her interview.

September 28, 2022 · News

Worldwide Flight Services to be Acquired by SATS to Create the Preeminent Global Air Cargo Handling Platform

PARIS, 28 September 2022 – Worldwide Flight Services (“WFS”) today announced that SATS Ltd. (“SATS”) has reached an agreement to acquire WFS from an affiliate of Cerberus Capital Management (“Cerberus”). The transaction is valued at an enterprise value of €2.25 billion. The transaction will bring together WFS, the world’s largest air cargo handler with leadership … Read more