Cerberus Acquires Specialty Manufacturer Votaw Precision Technologies

Whats Happening:

Cerberus Capital Management has acquired Votaw Precision Technologies, a leading manufacturer of mission-critical hardware and components for aerospace and defense applications. Votaw's capabilities include precision machining, fabrication, and assembly for launch vehicles, satellites, and other defense platforms. The acquisition is part of Cerberus' strategy to invest in companies addressing critical national shortage areas.

Key Moves:

• Cerberus acquires Votaw Precision Technologies

• Votaw manufactures critical components for aerospace and defense

• Acquisition aligns with Cerberus' Supply Chain and Strategic Opportunities platform

By The Numbers:

• Votaw operates a 210,000-square-foot facility in Santa Fe Springs, California

• Cerberus manages approximately $65 billion in assets

• Votaw has been in operation since 1963

Key Quotes:

• "We are thrilled to be entering this new chapter with the Cerberus team who deeply understands our business, industry, and customer base," said Kevin Schrage, Chief Operating Officer of Votaw.

• "Votaw has an outstanding reputation as a trusted manufacturing and precision machining partner on complex programs critical to our national security," said Steve Cook, Senior Managing Director at Cerberus.

Bottom Line:

Cerberus' acquisition of Votaw Precision Technologies strengthens its position in the aerospace and defense manufacturing sector. The deal aims to support Votaw's growth, expand its capabilities, and address critical needs in the U.S. defense industrial base. This strategic move aligns with Cerberus' focus on investing in companies that enhance national security and infrastructure resilience.

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