M&A Deal Summary

Cerberus Capital Management Acquires Red River

On June 1, 2021, asset manager Cerberus Capital Management acquired information technology company Red River from Acacia Partners

Acquisition Highlights
  • This is Cerberus Capital Management’s 3rd transaction in the Information Technology sector.
  • This is Cerberus Capital Management’s 55th transaction in the United States.
  • This is Cerberus Capital Management’s 1st transaction in New Hampshire.

M&A Deal Summary
Date 2021-06-01
Target Red River
Sector Information Technology
Buyer(s) Cerberus Capital Management
Sellers(s) Acacia Partners
Deal Type Secondary Buyout
Advisor(s) Guggenheim Securities (Financial)
Holland & Knight (Legal)

Target

Red River

Claremont, New Hampshire, United States
Red River is an operator of a technology integrator. The company’s technology expertise and mission-critical experience help its customers optimize their business processes and enhance the value of their technology investments. Red River was founded in 1995 and is based in Claremont, New Hampshire.

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Buyer(S) 1

Buyer

Cerberus Capital Management

New York, New York, United States

Investor Investor Investor Investor Investor

Category Asset Manager
Founded 1992
PE ASSETS 55.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Cerberus Capital Management is a private investment firm that targets a wide range of global investments. Cerberus primarily looks for undervalued or distressed situations. Industry sectors of interest include aerospace and defense, apparel, automotive and industrial, building products, commercial services, consumer and retail, financial services, healthcare, manufacturing and distribution, paper, packaging, and printing, real estate, technology, telecommunications, transportation, and travel. In addition to private equity investing, Cerberus also provides corporate credit and acquires real estate. Cerberus was formed in 1992 by Steve Feinberg and is based in New York City.

DEAL STATS #
Overall 78 of 87
Sector (Information Technology) 3 of 4
Type (Secondary Buyout) 13 of 14
State (New Hampshire) 1 of 1
Country (United States) 55 of 63
Year (2021) 3 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-01 PQ Performance Chemicals

Malvern, Pennsylvania, United States

PQ Performance Chemicals is a global supplier of silicate and derivative products that serve as environmentally friendly substitutes for materials used in a variety of applications. These include end uses such as matting agents in surface coatings, clarifying agents for edible oils and beverages, additives to paints and coatings for thermal insulation, and sensory particles in personal care products to improve feel attributes.

Buy $1.1B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-26 Lighthouse Autism Centers

Mishawaka, Indiana, United States

Lighthouse Autism Centers is a provider of ABA therapy in Indiana and Michigan. Lighthouse Autism Centers has provided the highest quality, center-based ABA therapy to children with autism. At Lighthouse, children work on things like social skills, daily living skills, communication skills, and school-readiness skills. All children are overseen by Board Certified Behavioral Analysts and programs are implemented by Registered Behavior Technicians. Lighthouse Autism Centers also has full-time Speech-Language Pathologists on staff who provide speech therapy services to children who attend the centers. Lighthouse Autism Centers was founded in 2012 and is based in Mishawaka, Indiana.

Buy -

Seller(S) 1

SELLER

Acacia Partners

Category Private Equity Firm
Founded 2011
Size Small
Type Sector Agnostic
DESCRIPTION

Acacia Partners is a private investment firm that primarily invests in family owned and owner/operated companies seeking equity capital ranging from $15 to $50 million. Acacia is sector agnostic and seeks businesses with at least $20 million in revenues and at least $5 million of EBITDA. Prospective transaction situations include growth equity, minority and majority recapitalizations, and leveraged buyouts. Acacia Partners was formed in 2011 and is based in Austin, Texas.

DEAL STATS #
Overall 3 of 4
Sector (Information Technology) 1 of 1
Type (Secondary Buyout) 3 of 4
State (New Hampshire) 1 of 1
Country (United States) 3 of 4
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-12 Nations Roof

Mobile, Alabama, United States

Nations Roof is a provider of commercial roofing services that operate out of 30+ locations and has completed re-roofing and service and repair projects in 49 states in the past year. Nations focus on providing best-in-class customer service to local and national real estate owners across all types of commercial properties. Nations Roof is based in Mobile, Alabama.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-15 Nations Roof

Mobile, Alabama, United States

Nations Roof is a provider of commercial roofing services that operate out of 30+ locations and has completed re-roofing and service and repair projects in 49 states in the past year. Nations focus on providing best-in-class customer service to local and national real estate owners across all types of commercial properties. Nations Roof is based in Mobile, Alabama.

Sell -
Mergr

Product

Company

Legal