Sentences with phrase «equity company cerberus»
Cerberus Business Finance, the direct lending affiliate of global private equity company Cerberus Capital Management, has hired former Jefferies executive Andrew Woolford as a managing director.
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The company, which is controlled by private equity firm Cerberus Capital Management, will shed some $ 700 million in debt in the prepackaged reorganization that will be filed soon with federal bankruptcy court in Wilmington, Del..
Avon has racked up about $ 1.8 billion in losses and last year sold off its North American business to private equity firm Cerberus, a huge blow for a company founded in 1886 in New York when a door - to - door bookseller found that the perfumes he mixed himself were popular with his customers.
The private equity firm Cerberus Capital Management bought the company in 2007 for $ 118 million and rolled it up with other gun manufacturers into a conglomerate called Freedom Group.
Daimler sold Chrysler in 2007 to the private equity firm Cerberus, although the company was once again on the slippery slope.
Daimler sold Chrysler in 2007 to the private equity firm Cerberus, although the company was once again on a slippery slope.
Unlike buyout shops like Cerberus Capital Management or Platinum Equity, Bain typically opts for a smaller volume of acquisitions and selects companies it's confident have potential to grow.