Cerberus Capital Management
Cerberus sells Covis Pharma to Apollo
Sale ends a nine-year holding period for the GP, which built Covis through a series of acquisitions
Cerberus to acquire Optimum Re Spain at €70.25m valuation
Cerberus first made an offer for the Barcelona-based real investment trust in July 2019
ICG hires Cerberus's Ross as managing director
GP says it is positioning itself for future opportunities as the economic cycle reaches maturity
Cerberus and Centerbridge offer €600m for NordLB
Firms will each pay half the offer price in a bid for a minority stake in the German lender
PE-backed bank HSH's bondholders file lawsuit against it
Investors are seeking a write-up to par of the tier 1 instruments and monetary damages
Cerberus buys Officine CST
Company's CEO, Gianpiero Oddone, will stay on with the business and retain a 28% stake
Cerberus buys WFS in €1.2bn SBO
Sale ends a three-year holding period for Platinum Equity, which bought the company from LBO France
Cerberus- and JC Flowers-led consortium acquires HSH Nordbank
Non-performing loans valued at approximately €7bn will be acquired by the consortium separately
HSH Nordbank sale to be decided on Wednesday
JC Flowers owns a 5.1% in the bank and 94.9% is held by states of Hamburg and Schleswig-Holstein
BC Partners acquires MCS
GP acquires a 90% stake in the French bank loans portfolio management company
Cerberus sells 50% stake in Sotogrande to Orion
Cerberus exits its holding in the Spanish real estate and leisure asset after a three-year owneship
Cerberus backs spinout of Staples' European branch for €50m
As part of the deal, Staples will retain a 15% stake in the European business
Cerberus acquires Miura's Gescobro
Cerberus purchases Spanish debt business in a secondary buyout
Cerberus and Orion pick up Sotogrande
Private equity houses had been bidding for the company since April
Cerberus acquires 10 shopping centres in Germany
Cerberus Capital Management has bought a portfolio of 10 German shopping centres through an auction, according to reports.
Cerberus closes fifth fund on $2.61bn
Cerberus Capital Management has raised $2.61bn for CIP V, a fund focused on turnarounds and distressed situations, according to reports.
Cerberus buys loan portfolio from Liberbank
US private equity house Cerberus Capital Management is understood to have acquired a portfolio of loans worth €574m from Spanish lender Liberbank.
Cerberus buys Admiral Taverns from Lloyds
US private equity firm Cerberus Capital Management has acquired UK-based tenanted pub group Admiral Taverns from Lloyds Banking Group.
PE-backed Gala Coral to sell casinos for £205m
PE-backed Gala Coral has agreed to sell its UK casinos business to bingo and casino operator Rank for £205m.
Carlyle et al circle Spain’s Mare Nostrum
Buyout firms Carlyle Group, Apax Partners, Cerberus Capital Management and TPG have placed first-round bids for a stake in Spanish savings bank group Mare Nostrum.
Blackstone et al consider BMN investment
Blackstone, Lone Star and Cerberus are among the private equity firms which have offered to invest in major Spanish financial group BMN.
Cerberus-backed Focus DIY goes into administration
Cerberus Capital’s portfolio company Focus DIY has entered administration.
Wittur AG on the block again
Cerberus Partners and Goldman Sachs Capital Partners are looking for a buyer for German lift component supplier Wittur AG.
Candover, Cinven, Permira exit Gala Coral
Candover, Cinven and Permira have reportedly exited Gala Coral, following a restructuring deal that sees them collectively lose most of their £1.2bn original investment - with mezzanine investors taking control of the company.