Cerberus Capital Management completed the acquisition of Stanadyne for $221m.

Cerberus Capital Management, a private equity firm, specializing in distressed investing, completed the acquisition of Stanadyne, an automotive technology company specializing in engine-based fuel and air management systems, for $221m. “The Stanadyne platform has become a global automotive technology leader known for its innovation, quality, and reliability, For more than 70 years, the business has supported the advancement of fuel systems with cutting-edge technologies. With a strong foundation, Stanadyne can drive growth to meet the distinct needs of customers both today and in the future. We look forward to working with the team to deliver best-in-class engine solutions,” Joseph Naccarato, Cerberus Chief Credit Officer and Chief Operating Officer.