Cerberus completed the acquisition of a majority stake in Red River from Acacia Partners.

Cerberus, a company specializing in alternative investing, completed the acquisition of a majority stake in Red River, a company that provides information technology solutions, from Acacia Partners, a private investment firm. Financial terms were not disclosed. “Together with Cerberus, we will be able to invest in expanding our capabilities, further drive operational excellence, and pursue strategic acquisitions to better serve our customers. We are confident that this partnership will launch an exciting next chapter of growth for Red River and our team members," Alan Dumas, Red River CEO.