Cerberus Capital’s Acquisition of Red River Technology

Holland & Knight LLP advised Red River Technology on the deal.

Red River Technology, a leading provider of technology solutions and managed services, announced the sale of a majority stake in the company to an affiliate of Cerberus Capital Management, L.P. The deal was announced on June 1.

Red River is a trusted technology provider with expertise in security, networking, data center, collaboration, mobility and cloud applications. The company’s clients include federal government agencies, state and local government and education (SLED) customers, and commercial businesses. Red River’s corporate headquarters is located in Claremont, NH.

Cerberus is a global leader in alternative investing with over $55 billion in assets across complementary credit, private equity and real estate strategies. Cerberus is headquartered in New York.

Holland & Knight Partners Adam August (Picture) and Ashley Plemons, and Associates Andy Erickson and Cooper Littlejohn led the firm’s representation of Red River in the transaction. They were supported by Partners Gary Schoenbrun, Howard Clemons, Antonia Tzinova, David Matuszewski, David Cole, John Dierking, Betsy Burkhard and Marc Druckman and Associates Nicole Martini and Libby Bloxom.

Involved fees earner: Adam August – Holland & Knight; Libby Bloxom – Holland & Knight; Elizabeth Burkhard – Holland & Knight; Howard Clemons – Holland & Knight; David Cole – Holland & Knight; John Dierking – Holland & Knight; Marc Druckman – Holland & Knight; Andrew Erickson – Holland & Knight; Cooper Littlejohn – Holland & Knight; Nicole Martini – Holland & Knight; David Matuszewski – Holland & Knight; Ashley Plemons – Holland & Knight; Gary Schoenbrun – Holland & Knight; Antonia Tzinova – Holland & Knight;

Law Firms: Holland & Knight;

Clients: Red River Technology;

Martina Bellini

Author: Martina Bellini