In June 2010, Cerberus agreed to sell Talecris to Spain's Grifols S.A.On April 12, 2010, Cerberus acquired private government services contractor DynCorp International for approximately $1 billion and the assumption of $500 million of debt.
In March 2010, Cerberus agreed to buy New England's largest community-based healthcare system, the not-for-profit Caritas Christi Health Care, for $830 million, then withdrew its non-profit registration and changed its name to Steward Health Care that November.In March 2010, Cerberus was the lead investor that gained an ownership stake in Panavision as part of a debt restructuring agreement with shareholder MacAndrews & Forbes, the holding company of billionaire Ronald Perelman.On March 10, 2010, Cerberus entered into a financing deal with GeoEye in which the firm would provide the satellite imagery company funds of up to $215 million.Activities performed by members of COAC in the area of control private equity investments, include due diligence, acquisition planning, board membership, special project staffing and, where appropriate, occupying interim or full-time open positions. Cerberus Operations and Advisory Company LLC (COAC) Ĭerberus utilizes an operations team of over 100 professionals to help source, analyze and monitor portfolio investments.
Ĭerberus maintains the Cerberus Operations & Advisory Company LLC (COAC), which consists of senior operating executives supporting the firm's due diligence and assisting its portfolio companies. The firm's current investment portfolio includes more than 40 companies around the world with an average hold time of more than five years. The firm is active in private equity investment, lending, specialty finance, real estate investment, and securities trading. The company has been an acquirer of businesses over the past several years and now has investments in financial services, healthcare, consumer & retail, government services, manufacturing & distribution, technology & telecommunications, building products, energy & natural resources, apparel, paper, packaging & printing, transportation, commercial services, industrial & automotive, real estate, travel & leisure, and weaponry. Cerberus's largest locations include New York City, Chicago, and Boise, Idaho. Ĭerberus has grown to include 11 offices in nine countries. Bush, joined Cerberus in 1999 and is chairman of the company's Global Investments Division. ĭan Quayle, former Vice President of the United States 1989–1993, who served under President George H. Feinberg has stated that while the Cerberus name seemed like a good idea at the time, he later regretted naming the company after the mythological dog.