Cerberus, EBRD and IFC Acquire VeloBank from Poland's Bank Guarantee Fund

Cerberus Capital Management Acquires BROCC Finance AB

October 30, 2025

Financial Services

Cerberus Capital Management has completed its acquisition of BROCC Finance AB following regulatory approval from the Swedish Financial Supervisory Authority. Cerberus will back BROCC to accelerate its Nordic consumer finance business and expand into European non-performing loan (NPL) asset management as a specialised debt restructurer, with BROCC planning to acquire NPL portfolios and meet SDR-compliant prudential ratios by the end of 2025.

Madison Bidco Ltd (consortium led by Lightrock, Carbon Direct Capital, GenZero and Kibo) to Acquire Velocys

December 6, 2023

Renewable Energy

Madison Bidco Ltd., a newly formed acquisition vehicle indirectly owned by a consortium including Lightrock, Carbon Direct Capital, GenZero and Kibo Investments, has reached agreement to acquire U.K.-based sustainable aviation fuel developer Velocys in a recommended cash offer. The transaction includes a payment of 0.25 pence per Velocys share and up to $40 million of growth capital from Bidco to support Velocys’ medium-term plans; a £3.5 million secured bridging loan has also been provided by the Carbon Direct Fund to fund operations until closing.

Cerberus Acquires Vivace International

February 18, 2026

Aerospace & Defense

An affiliate of Cerberus Capital Management has completed the full acquisition of Vivace International, a New Orleans–based maker of mission‑critical propulsion tanks and aerospace systems. Cerberus initially made a growth investment in 2024 and plans to scale Vivace's production capacity and advanced manufacturing capabilities to support an expanding portfolio of U.S. defense and spaceflight programs; retired Space Force Colonel and former NASA astronaut Michael Hopkins has joined Vivace as a Senior Advisor.

Rosebank Industries Acquires Electrical Components International (ECI) from Cerberus for $1.9B

August 20, 2025

Manufacturing

Rosebank Industries PLC has completed the acquisition of Electrical Components International (ECI) from Cerberus Capital Management in a transaction valued at approximately $1.9 billion. ECI, a global manufacturer of electrical distribution systems and control box assemblies with ~20,000 employees and 39 manufacturing locations, will join Rosebank as the buyer expands its industrial manufacturing and engineered-components capabilities.

Cerberus-Led Investor Group Acquires IWCO Direct

February 25, 2022

Marketing & Advertising

An investor group led by an affiliate of Cerberus Capital Management has acquired ownership of IWCO Direct and completed a $55 million capital investment to strengthen the company's balance sheet. The transaction positions IWCO to expand its data-driven direct marketing solutions and appoints Gary Masse as CEO to lead growth and capability investments.

Merck & Co., Inc. Acquires VelosBio Inc.

November 5, 2020

Biotechnology

Merck & Co., Inc. will acquire all outstanding shares of clinical-stage biopharmaceutical company VelosBio for $2.75 billion in cash. The acquisition adds VelosBio's lead investigational antibody-drug conjugate VLS-101 and ROR1-directed pipeline assets to Merck's oncology portfolio and is expected to close by the end of 2020, subject to customary conditions.