We believe transactions work best when they benefit all parties involved. Our team has a patient, long-term investment philosophy focused on value creation, rather than on short- or medium-term sector projections.
We invest in companies with unrealized potential and specialize in providing both financial resources and operational expertise to help them become industry leaders. We enable these companies to create value through prudent investments in R&D, new product marketing, talent development, appropriate strategic acquisitions and other important initiatives.
Our investment portfolio currently includes companies across multiple business sectors in countries around the world. These companies have more than 500,000 employees and aggregate 2014 revenue of more than US $100 billion.
Representative Company Investments (Control or Non-Control)
Founded in 1974, ABC Group Incorporation is one of the world’s leading, full-service automotive suppliers of thermoplastic components and systems to Original Equipment Manufacturers (OEM’s). Headquartered in Toronto, Canada, ABC Group has 36 domestic and international locations across Canada, United States, Mexico, Brazil, Germany, Spain, Poland, Japan and China.
Location: North AmericaInvestment Year: 2006Sector: Consumer and Retail
Albertsons Companies is one of the largest food and drug retailers in the U.S. In 2014, Albertsons and Safeway, Inc. merged. Today, the combined company operates 2,200+ stores across 33 states and the District of Columbia under 18 well-known banners including Albertsons, Safeway, Vons, Jewel-Osco, Shaw’s, ACME Markets, Tom Thumb, Randalls, United Supermarkets, Pavilions and Star Market and Carrs.
Location: North AmericaInvestment Year: 2006Sector: Financial Services
Founded in 1919, Ally Financial is a publicly-traded bank holding company (NYSE: ALLY) headquartered in Detroit, Michigan. Ally provides auto financing, dealer financial, and corporate finance services across the United States. The company also operates its retail online banking subsidiary, Ally Bank.
Avon Products, Inc. is a publicly traded company that operates the Avon business in approximately 70 countries outside of North America. Avon is the company that for 130 years has proudly stood for beauty, innovation, optimism and, above all, women. Avon products include well-recognized and beloved brands such as ANEW, Avon Color, Avon Care, Skin-So-Soft, and Advance Techniques. Avon products are sold through nearly 6 million active independent Avon Sales Representatives worldwide.
Location: North AmericaInvestment Year: 2016Sector: Consumer
New Avon LLC is the leading social selling beauty company in North America. The company generated over $1 billion in revenues during 2015, and has nearly 400,000 independent sales Representatives in the United States, Puerto Rico and Canada. New Avon’s product portfolio includes award-winning skincare, color cosmetics, fragrance and personal care products, featuring iconic brands such as Anew, Avon Color, Mark, and Skin So Soft, as well as fashion and accessories. Avon has a 130 year history of empowering women through economic opportunity, and the company also proudly supports the Avon Foundation for Women in its efforts to end breast cancer and domestic violence.
BAWAG P.S.K. ranks among the five largest banks in Austria and is the leading retail bank for the middle-income market. The bank is active in all areas of financial services in Austria and abroad and operates the largest centrally managed distribution network in the country with 150 BAWAG P.S.K. branch offices, approximately 1,000 Post offices and 900 Post partners.
Location: North AmericaInvestment Year: 2004Sector: Building Products
BlueLinx Corporation (NYSE: BXC) is a leading distributor of building products in North America. The company operates its distribution business from sales centers in Atlanta and Denver, and its network of 60 distribution centers. BlueLinx services customers nationwide, including dealers, industrial manufacturers, manufactured housing producers and home improvement retailers.
Location: GlobalInvestment Year: 2011Sector: Health Care
Headquartered in Zug, Switzerland, Covis Pharma is a global specialty pharmaceutical company providing therapeutic solutions to patients. Covis markets a portfolio of U.S. prescription products through its U.S. sales and distribution affiliate, Covis Pharmaceuticals, Inc. which is headquartered in Cary, North Carolina.
Location: North AmericaInvestment Year: 2010Sector: Government Services
DynCorp International is a global government services provider in support of U.S. national security and foreign policy objectives, delivering support solutions for defense, diplomacy and international development.
Location: North AmericaInvestment Year: 2014Sector: Financial Services
FirstKey offers a full suite of specialty real estate financing products and loan servicing solutions to individual and institutional investors across the United States. The company provides loans tailored to both residential and commercial borrowers.
Location: IrelandInvestment Year: 2014Sector: Manufacturing, Industrial and Automotive
Greenstar is Ireland’s largest waste management firm, with over 15,000 commercial customers and 80,000 households served. Headquartered in Dublin, the company provides waste resources from point of collection and managed services, materials processing, commodity upgrading and trading, energy recovery and sustainable disposal.
Location: SpainInvestment Year: 2013Sector: Real Estate
Haya Real Estate is the leading independent special servicing platform in Spain with an AUM in excess of 45 billion euros. The company focuses on the management of real estate and developer loans providing unique services to its clients based in deep knowledge, experience and resources. Created in 2012, Haya RE currently has over 700 professionals serving clients through its 20 locations nationally, as well as some 7,000 points of sale between real estate agents and bank branches.
Location: USAInvestment Year: 2015Sector: Health Care
PaxVax is a fully integrated specialty vaccine company committed to developing and commercializing innovative vaccines against infectious diseases. In December 2015, Cerberus Capital Management invested $105 Million into PaxVax, which represented a majority economic interest in the California-based fully integrated pharmaceutical company. PaxVax has extensive research and development capabilities, and manufactures and markets Vivotif®, an FDA-approved typhoid vaccine which is currently licensed in 27 countries including the US and major European markets. The company also has vaccines in clinical development for cholera (Vaxchora), anthrax, HIV and hepatitis A.
Location: SpainInvestment Year: 2015Sector: Energy
Renovalia Energy Group specializes in the promotion, engineering, construction, production and sale of clean electricity generated through renewable energy sources (wind power, photovoltaic power, concentrated photovoltaic power and thermal solar). Cerberus acquired Renovalia Energy Group for €1 billion ($1.1 billion) in 2015. The company, based in Madrid, operates in seven countries and has more than 805 MW in operation and under construction. Renovalia Energy Group also has a portfolio of projects of more than 679 MW that are geographically and technologically diverse.
Reydel Automotive designs, develops, industrializes and manufactures complete modular interior systems for the automotive industry around the world. Operations supply global vehicular manufacturers with products including cockpit modules, instrument panels, door panels, floor consoles and custom products. In November 2014, Cerberus acquired the interiors business from automotive supplier Visteon Group. It had aggregate revenues of approximately $1 billion and comprised 17 manufacturing faculties, six just-in-time assembly plants and eight engineering centers in Europe, Asia and South America.
Location: AsiaInvestment Year: 2006Sector: Travel and Leisure
Seibu Holdings Inc. is a diversified holding company based in the greater Tokyo area. Seibu operates rail, bus and taxi transportation services, hotels and resorts, real estate development and construction, and other leisure businesses across Japan and in Hawaii. The company is publicly listed on the Tokyo Stock Exchange (TSE).
Staples Solutions B.V. is the leading provider of workplace products, services and solutions to small, mid-sized, and large businesses in Europe. Through its integrated offering, Staples Solutions is the partner of choice to meet the diverse needs of the workplace of today and tomorrow. The company, which was formerly the European operations of Staples, Inc., generates aggregate annual sales of approximately €1.7 billion. Headquartered in Amsterdam, Staples Solutions operates in 17 countries in Europe.
Location: North AmericaInvestment Year: 2010Sector: Health Care
Steward Health Care is a community-based accountable care organization and community hospital network with more than 17,000 employees serving more than one million patients annually in more than 150 communities.
Location: North AmericaInvestment Year: 2005Sector: Travel and Leisure
Strategic Restaurants, a fast-food company, focuses on franchise development and acquisition. The company is a franchisee of Burger King, having more than 250 restaurants across six states. The company also operates nearly 20 TGI Friday's franchises.