M&A Deal Summary |
|
|---|---|
| Date | 2024-02-27 |
| Target | SubCom |
| Sector | Communications |
| Buyer(s) | NJFX |
| Sellers(s) | Cerberus Capital Management |
| Deal Type | Add-on Acquisition |
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NJFX is involved in carrier-neutral colocation and subsea infrastructure, connecting carrier-grade networks. NJFX hosts over 35 global and U.S. operators, including multinational banks that rely on it for their "never down" network strategies. NJFX is based in Wall Township, New Jersey.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Communications M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 1 of 1 |
| State: New Jersey M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2024 M&A | 1 of 1 |
| Category | Asset Manager |
|---|---|
| Founded | 1992 |
| PE ASSETS | 55.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
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 | 56 of 57 |
| Sector: Communications M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 28 of 29 |
| State: New Jersey M&A | 1 of 1 |
| Country: United States M&A | 38 of 39 |
| Year: 2024 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-02-21 |
Cyanco
Reno, Nevada, United States Cyanco is a global producer of sodium cyanide with manufacturing facilities serving customers in North America, Latin America, and Africa. Cyanco’s Applied Technology provides consulting services, laboratory support, and cyanide processing technologies to assist customers in optimizing their metal recoveries and sodium cyanide usage throughout the mine lifecycle. Cyanco is based in Reno, Nevada. |
Sell | $640M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-05-28 |
M1 Support Services
Denton, Texas, United States M1 Support Services provides aircraft Maintenance, Repair, and Overhaul (MRO), modification, flight training, logistics support, and supply chain management services. M1 Support Services was founded in 2003 and is based in Denton, Texas. |
Buy | - |
