STANADYNE HAS BEEN ACQUIRED BY CERBERUS CAPITAL MANAGEMENT
Birmingham, Michigan – September 14, 2023 – Angle Advisors is pleased to announce that Cerberus Capital Management, L.P. (“Cerberus”) has acquired Stanadyne LLC (“Stanadyne”). Angle Advisors acted as the exclusive investment banking advisor to Stanadyne in completing this transaction.
Stanadyne, a global automotive technology leader specializing in engine-based fuel and air management systems, begins this exciting chapter with a strong financial foundation, significant operational flexibility, and best-in-class quality systems. In addition to the completion of the transaction, the Cerberus-led investor group has provided a $35 million capital investment to further strengthen the Company’s balance sheet. With its strong base and resources, Stanadyne is well-positioned to meet customers’ diverse mobility needs in the evolving vehicle propulsion market. The Company will drive continued growth by investing further in engine innovations enabling clean propulsion, expanding core capabilities, and executing on strategic opportunities to deliver the highest quality engine decarbonization products and solutions.
Stanadyne designs, manufactures, and remanufactures fuel delivery systems and components for gasoline and diesel engines, as well as low-carbon alternative fuels. The company specializes in pioneering technology for engines that move our world and remanufactured components that help keep them operating efficiently. The company provides customers with customized design, engineering, and manufacturing solutions from its United States, China, Italy, India, and United Arab Emirates locations in partnership with its global aftermarket service dealers and distributor network. For more information, visit stanadyne.com.
Founded in 1992, Cerberus is a global leader in alternative investing with approximately $60 billion in assets under management across complementary credit, private equity, and real estate strategies. We invest across the capital structure where we believe our integrated investment platforms and proprietary operating capabilities create an edge to improve performance and drive long-term value. Our tenured teams have experience working collaboratively across asset classes, sectors, and geographies to seek strong risk-adjusted returns for our investors. For more information about our people and platforms, visit us at www.cerberus.com. Angle Advisors, with offices in the United States, Germany, and China, specializes in mergers and acquisitions and capital raising. The firm’s professionals have completed 257 transactions since 2009 for multinational corporations, privately held companies, private equity funds, and public sector clients. For additional information, please visit www.angleadvisors.com.
Comments