Cerberus Capital completed the acquisition of a majority stake in M1 Support Services.

Cerberus Capital, an alternative investment firm, completed the acquisition of a majority stake in M1 Support Services, a provider of aircraft maintenance, repair, and overhaul services. Financial terms were not disclosed. “We are very excited about partnering with Cerberus to usher in the next chapter of growth for M1. Cerberus shares our ‘Mission First’ approach, has extensive expertise in our industry and across national security domains, and a reputation for supporting operational excellence and long-term growth," Kathy Hildreth and Bill Shelt, M1 Co-Founders.