NetCentrics Partners with Cerberus to Drive Long-Term Growth Plans>
Financial Buzz
NetCentrics Corporation (âNetCentricsâ or the âCompanyâ), an established leader in cybersecurity, enterprise information technology, and telecommunications, announced today that an affiliate of Cerberus Capital Management, L.P. (âCerberusâ) has acquired the Company. In connection with the transaction, Cerberus provided a capital investment that further strengthens NetCentricsâ financial flexibility and supports its long-term growth plans.
Cerberus, a global leader in alternative investing, brings to the partnership broad investment experience in the government sector as well as industry-leading operations and technology expertise. With Cerberusâ support, NetCentrics is well-positioned to further accelerate its growth through continued investments in its capabilities and strategic opportunities. The partnership comes as NetCentrics, an established government contractor for nearly 30 years, continues to expand its business to serve customers in the public and private sector.
Link: https://www.financialbuzz.com/netcentrics-partners-with-cerberus-to-drive-long-term-growth-plans/