Cerberus Capital Management related stories
All articles and analysis
L Catterton taps Rede exec for top Europe IR role – updatedThe consumer-focused private equity firm raised more than €600m for its L Catterton Europe IV fund last year.
Covid-19 hastens exodus of Asia’s placement agentsGPs are having more success in hiring from Asia's top placement agents to bolster their in-house fundraising capabilities during the pandemic.
- Cerberus acquires Off Lease Only
Cerberus Capital Management has acquired Off Lease Only, a used car dealer. No financial terms were disclosed. Off Lease Only founders Mark and Eileen Fischer will maintain a 20 percent ownership stake in Off Lease Only moving forward.
- GI sells KBS to Cerberus
Cerberus Capital Management LP has has closed its previously announced buyout of Oceanside, California-based Kellermeyer Bergensons Services LLC, a provider of tech-enabled, integrated facility management services. The seller was GI Partners. No financial terms were disclosed.
- Cerberus considers Covis Pharma sale: Bloomberg
Cerberus Capital Management is weighing a sale of Covis Pharma Holdings Sarl, which could fetch about $800 million, Bloomberg reported. Covis, a specialty pharmaceutical company, has attracted attention from private equity, the story said.
- Rank in talks to sell CSI to Cerberus: Bloomberg
Rank Group Ltd is in talks to sell Closure Systems International to Cerberus Capital Management, Bloomberg reported. CSI, which makes plastic and aluminum bottle tops for pharmaceutical, beverage and automotive containers, could sell for up to $1 billion, the story said.
Side Letter: Carlyle's Ireland spin-out, South Carolina to double growth, Cerberus's Navy sealCarlyle Ireland spin-out latest; why listed PE firms deliver beta; and Cerberus exec tipped for top elite forces advisor role. Here’s today's brief, for our valued subscribers only.
Future 40: Who’s showing private equity leadership?Who are the young guns showing innovation in the industry? Who has the X factor that marks them as a future leader? Our Future 40 list of the 40 individuals aged under 40 set to shape private equity over the next decade.

Story of the year: Abraaj's downfall and what it means for PE governanceThe firm's swift fall from grace this year provides a compelling reason for LPs to conduct thorough scrutiny of governance practices.