equity firm

What Companies Are Owned by Cerberus Capital Management?

Cerberus Capital Management is one of the most prominent private equity firms in the world, renowned for its investment expertise and a diverse portfolio spanning multiple industries.

Headquartered in New York City, the firm specializes in private equity investments, real estate, and distressed assets.

Over the years, Cerberus has built a reputation for acquiring and turning around businesses, often operating in challenging environments.

This article explores the ownership of Cerberus, major companies in its portfolio, and key organizational details.

Who Owns Cerberus Capital Management?

Cerberus Capital Management is a privately owned firm, managed and operated by its partners and key executives.

The company was co-founded by Stephen Feinberg, who continues to play a pivotal role as CEO.

Other senior leadership within the firm holds significant stakes, ensuring shared accountability for the firm’s operational and strategic decisions.

This ownership structure allows Cerberus to maintain control over its investment strategy and management processes.

What Companies Are Owned by Cerberus Capital Management?

Cerberus Capital Management boasts a diverse portfolio that includes companies from industries such as retail, defense, transportation, real estate, and finance. Below are some notable businesses currently or previously under Cerberus’s ownership:

Albertsons Companies

The Albertsons Companies, one of the largest grocery retailers in the United States, became associated with Cerberus in 2006 when the firm led an investor group in a partial acquisition of certain Albertsons stores.

While Cerberus no longer maintains full control of Albertsons, it played a critical role in the retailer’s restructuring and growth, ultimately contributing to its strong market presence today.

DynCorp International

Cerberus acquired DynCorp International, a provider of aviation, logistics, and global services to government clients, to strengthen its presence in the defense and infrastructure markets.

This acquisition positioned Cerberus as a key player in managing government and military contracts globally.

GNC Holdings

Cerberus played a significant role in the restructuring of GNC, a prominent retailer of health and wellness products.

The firm supported the brand’s global expansion and operational improvements, contributing to its recognition as a household name in nutrition.

Steward Health Care System

Cerberus owns Steward Health Care System, one of the largest physician-led healthcare networks in the United States.

Under Cerberus’s ownership, Steward expanded its range of healthcare services, with an emphasis on community-focused hospitals and outpatient care centers.

BlueLinx Holdings

Cerberus acquired BlueLinx Holdings, a distributor of building products, to diversify its investment into the manufacturing and construction sectors.

This portfolio addition reflects Cerberus’s interest in long-term industries with stable growth potential.

Chrysler (Former Ownership)

Cerberus made headlines in 2007 when it acquired a majority stake in Chrysler, the iconic automaker.

Though its ownership of Chrysler ended following the global financial crisis, this acquisition showcased Cerberus’s bold approach to investing in distressed, high-potential industries.

Staples Solutions

Cerberus acquired the European operations of Staples Solutions, a leader in office supplies, enabling the company’s revitalization in the global retail marketplace. Staples Solutions is part of Cerberus’s strategy to strengthen its retail presence.

These acquisitions demonstrate Cerberus’s strategic focus on distressed assets and businesses with turnaround potential.

By targeting diverse sectors, the firm mitigates risks while capitalizing on opportunities in various industries.

When Was Cerberus Capital Management Founded?

Cerberus Capital Management was founded in 1992 by Stephen Feinberg and William L. Richter.

Since its inception, the firm has grown substantially, managing billions in assets across global markets.

Who Is the CEO of Cerberus Capital Management?

The CEO of Cerberus Capital Management is Stephen Feinberg, who also co-founded the company.

Feinberg’s leadership and investment acumen have cemented Cerberus’s reputation as a global leader in private equity and asset management.

Where Is the Headquarters of Cerberus Capital Management?

Cerberus Capital Management is headquartered in New York City, USA. This central location in one of the world’s largest financial hubs provides the firm with access to global markets, key talent, and a wide array of investment opportunities.

What Is the Annual Revenue of Cerberus Capital Management?

The annual revenue of Cerberus Capital Management is $4 billion as of 2024, depending on assets under management, the performance of its portfolio companies, and overall market conditions.

The firm manages over $60 billion in assets, positioning it as one of the largest players in the private equity and asset management sectors.

How Many Employees Does Cerberus Capital Management Have?

Cerberus employs over 1000 professionals globally. This includes investment teams, advisory specialists, and operational staff who drive the firm’s decision-making processes and oversee its portfolio businesses.

Additionally, thousands more work within the companies owned by Cerberus, spanning industries like retail, healthcare, and logistics.

Wrapping Up!

Cerberus Capital Management stands out as a key player in the world of private equity, known for its strategic investments and ability to manage distressed assets.

From its inception in 1992 to its current stature as a multi-billion-dollar firm, Cerberus has influenced industries as diverse as healthcare, retail, and defense.

Through acquisitions like DynCorp, Albertsons, and Steward Health Care, the firm has demonstrated its ability to rebuild and revitalize diverse businesses.

Under the leadership of Stephen Feinberg and headquartered in New York City, Cerberus’s estimated revenue and asset base highlight its financial robustness.

With its continued focus on innovation and adaptability, Cerberus Capital Management is poised to remain a major force in global private equity for years to come.

FAQs

How big is Cerberus Capital Management?

Cerberus Capital Management is a leading private equity and asset management firm, overseeing more than $60 billion in assets under management. It has investments across a wide range of industries, including retail, healthcare, real estate, defense, and finance. The firm employs around 1000 professionals globally, with additional employees working across its portfolio companies. This scale and diversity place Cerberus among the prominent players in the private equity sector.

Who founded Cerberus Capital?

Cerberus Capital Management was founded in 1992 by Stephen Feinberg and William L. Richter. Feinberg continues to serve as the company’s CEO, steering its strategic and operational decisions, while Richter also played a significant role in establishing the firm’s foundations.

Where is Cerberus headquartered?

Cerberus Capital Management is headquartered in New York City, USA. Being located in one of the world’s major financial hubs enables the firm to access global markets, attract top talent, and identify opportunities for high-growth investments across international industries.


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