Cerberus Acquires Controlling Interest in M1 Support Services
May 28, 2024
Cerberus Capital Management has acquired a controlling interest in M1 Support Services, a Denton, Texas–based provider of aircraft MRO, modification, flight training, logistics and supply chain services to the U.S. government. Under Cerberus' ownership M1 will invest in infrastructure and expand capabilities to support mission-critical aviation programs; long-time executives Kathy Hildreth and Bill Shelt remain investors and George Krivo has been appointed CEO.
- Targets
- M1 Support Services
- Industry
- Aerospace & Defense
- Location
- Texas, United States
- Transaction Type
- Buyout
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