Cerberus Capital Management, a global leader in alternative investing with a focus on supply chain integrity and national security, has acquired a controlling interest in M1 Support Services, a premier provider of aviation services to the U.S. Government. This acquisition positions M1 for significant growth and expansion in the aerospace and defense industry.
Cerberus Invests in M1 Support Services’ Future Growth
M1 Support Services, founded in 2003, offers a comprehensive suite of aviation services, including Maintenance, Repair, and Overhaul (MRO), modification, flight training, logistics support, and supply chain management. The company primarily serves the U.S. Government, supporting critical military aircraft and aviation programs with a proven track record of exceptional performance and an unwavering commitment to safety. Cerberus’ investment will enable M1 to further enhance its infrastructure and expand its capabilities to meet the evolving needs of the U.S. and its international partners.
New Leadership and Continued Founder Involvement
With the acquisition, George Krivo, a seasoned aerospace and defense industry executive, has been appointed as M1’s Chief Executive Officer. Mr. Krivo brings nearly two decades of leadership experience, including roles as CEO and COO of DynCorp International, a former Cerberus portfolio company specializing in aviation and logistics support services. He also held key positions at DRS Technologies and Science Applications International Corporation. M1’s co-founders, Kathy Hildreth and Bill Shelt, will retain their investment in the company and continue to contribute as active members of the Board of Directors, ensuring a smooth transition and ongoing strategic guidance. This collaboration between experienced leadership and the founders’ vision sets the stage for M1’s continued success.
Expanding Capabilities and Strategic Partnerships
Cerberus’ acquisition of M1 signifies a shared commitment to “Mission First” values and a dedication to operational excellence. This partnership will empower M1 to leverage Cerberus’ extensive industry expertise and resources to pursue new growth opportunities and strengthen its position as a leading provider of M1 support services in the national security domain. The investment will allow M1 to expand its service offerings, invest in cutting-edge technologies, and broaden its customer base. Furthermore, Cerberus’ global network will facilitate strategic partnerships and collaborations, enabling M1 to extend its reach and impact on a global scale.
A Future of Enhanced Aviation Support Services
The acquisition of M1 Support Services by Cerberus Capital Management marks a pivotal moment in the company’s trajectory. With increased investment, seasoned leadership, and a strong foundation built on a commitment to quality and safety, M1 is poised to further solidify its position as a trusted partner to the U.S. Government and its allies. This strategic partnership will not only enhance M1’s current capabilities but also enable the company to pursue new opportunities and contribute to the advancement of aviation support services globally. The combined expertise and resources of M1 and Cerberus create a powerful force in the industry, ready to meet the complex challenges of the future. This acquisition ensures M1 is well-equipped to continue providing essential M1 support services for critical missions.
