KippsDeSanto & Co. advises Cerberus Capital Management on its purchase of M1 Support Services

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KippsDeSanto & Co. is pleased to announce the purchase of a majority interest in M1 Support Services (“M1” or “Company”) by funds advised by its client, Cerberus Capital Management, L.P. (“Cerberus”).

M1 specializes in delivering a comprehensive range of maintenance, repair, and overhaul (“MRO”) solutions to the U.S.  Government for critical military aircraft and aviation programs. The Company’s offerings encompass essential aspects of aircraft maintenance and operations, including depot-level repairs, modification, supply chain management, logistics, technical support, and training services. With a focus on quality, reliability, safety, and efficiency, M1 plays a vital role in sustaining the operational capabilities of U.S. military forces.

Cerberus’  operational expertise and deep experience in the aerospace, defense, and government services sector will support M1 in expanding on its current offerings to address mission support requirements for the U.S. and its partner nations around the world.

We believe this transaction highlights several key trends in the M&A market:

  • Continued interest in companies that support mission critical programs aligned with budgetary patterns and strategic goals of the U.S. Government;
  • Buyers continue to show interest in top-tier assets, especially firms holding leading market positions, unique capabilities, and enduring client relationships;
  • Private equity and private equity-backed companies remain active buyers of middle-market and lower-middle market industry firms; and
  • Financial sponsors with defined growth strategies, industry acumen, and active funds allocated towards firms exhibiting strong domain knowledge, established client relationships, and innovative capabilities.

Read more in the full press release.

About KippsDeSanto & Co.

KippsDeSanto & Co. is an investment banking firm focused on serving growth-oriented Aerospace / Defense, Government Services and Technology companies. We are focused on delivering exceptional M&A and Financing transaction results to our clients via leveraging our scale, creativity, and industry experience. We help market leaders realize their full strategic value. Having advised on over 200 industry transactions since 2008, KippsDeSanto is recognized for our analytical rigor, market insight, and broad industry relationships. There’s no substitute for experience. For more information, visit www.kippsdesanto.com.

Investment Banking products and services are offered through KippsDeSanto & Co., a non-bank subsidiary of Capital One, N.A., a wholly-owned subsidiary of Capital One Financial Corporation, and a member of FINRA and SIPC. Products and services are Not FDIC Insured, Not Bank Guaranteed, May Lose Value, Not a Deposit, and Not Insured by Any Federal Government Agency.