Cerberus Supports Cherokee Global Brands Hi-Tec Sports Buy

Cherokee Global Brands will enter into a share purchase agreement to acquire Hi-Tec Sports International Holdings, a global footwear company. Cerberus Business Finance committed to providing a credit facility to support the acquisition.

Cerberus Provides New $280MM Facility to Support Patriot National Recap

Patriot National closed a new $280 million credit facility with Cerberus Business Finance to recapitalize the company.

Cerberus, PNC Support Watermill Acquisition of Experi-Metal

The Watermill Group completed an investment in the automotive industry with the acquisition of Experi-Metal. Cerberus Business Finance and the Business Credit division of PNC were lenders in the transaction.

Cerberus Provides Financing to Support Phoenix Color Acquisition

Phoenix Color entered into an asset purchase agreement to acquire the Color Optics packaging business from AKI. Cerberus Business Finance provided financing to support the acquisition.

Cerberus Commits Financing to Support Siris Acquisition

Xura, a provider of digital communications services, entered into an agreement to be acquired by affiliates of Siris Capital Group. Debt financing will be provided by Cerberus Business Finance to support the transaction.

Cerberus Agents $105MM Facility for Avid Technology

Avid Technology Worldwide entered into a $105 million financing agreement with Cerberus Business Finance as collateral and administrative agent.

Cerberus Agents New $105MM Facility for Otelco

Wireline telecom service provider Otelco has executed a new $105 million credit facility with a lender group led by Cerberus Business Finance as administrative agent.

Cerberus Business Finance Provides $70MM Term Loan to Accuray

Radiation oncology company Accuray closed a $70 million first lien secured term loan with Cerberus Business Finance.

Cerberus Provides Aurora Revolver, Term Loan

Aurora Diagnostics announced it entered into a facility with Cerberus Business Finance. The agreement includes a $165 million term loan, $30 million revolver and $25 million delayed draw term loan facility.

PNC Agents $125MM Motorcar Parts of America Facility

Motorcar Parts of America announced it entered into an amended $125 million credit facility with Cerberus Business Finance as collateral agent and PNC Bank National Association as administrative agent.