Announced
Completed
Synopsis
Cerberus, an alternative investing firm, completed the acquisition of Votaw Precision Technologies, a specialty manufacturer of mission-critical hardware and components for launch and undersea vehicles, satellites, ground radar, and other aerospace defense applications. Financial terms were not disclosed. The partnership with Votaw is led by Cerberus' Supply Chain and Strategic Opportunities platform, which invests in companies that address critical national shortage areas to drive innovation, promote resilient infrastructure, and increase security for the United States and its allies. With Cerberus' support, Votaw plans to invest in the deepening of customer relationships, the expansion of its machining and assembly capacity and geographical footprint, and the continued evolution of its offerings to support programs and priorities of national significance.
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