KOCH INDUSTRIES, INC.

Cerberus and Koch Complete Acquisition of PQ Performance Chemicals

Retrieved on: 
Monday, August 2, 2021
Professional services, Chemicals, Plastics, Mining, Minerals, Manufacturing, Natural Resources, Finance, Other Manufacturing, Cerberus Capital Management, Drexel Burnham Lambert, Greek mythology, Cerberus, Legendary creatures, Organisms, Cerberus, Koch Industries, Inc., PQ, CERBERUS, KOCH INDUSTRIES, INC., PQ

Cerberus Capital Management, (together with its affiliates, Cerberus) and Koch Minerals & Trading, LLC (Koch) today announced that their partnership has completed the previously announced acquisition of the Performance Chemicals business from Ecovyst Inc., formerly PQ Group Holdings Inc.

Key Points: 
  • Cerberus Capital Management, (together with its affiliates, Cerberus) and Koch Minerals & Trading, LLC (Koch) today announced that their partnership has completed the previously announced acquisition of the Performance Chemicals business from Ecovyst Inc., formerly PQ Group Holdings Inc.
  • PQ is supported by 1,500 employees across 31 facilities and serves more than 900 customers around the world.
  • Dev Kapadia, Senior Managing Director at Cerberus, commented: We are excited to partner with Al and the talented team at PQ.
  • We are eager to work with the PQ employees and the Cerberus team on a new era of growth and innovation.

Mavenir Announces $500 Million Private Placement with Koch Strategic Platforms

Retrieved on: 
Wednesday, April 21, 2021
Technology, Mobile, Wireless, Finance, Professional services, Software, Networks, Internet, Data management, Other Professional Services, Mavenir, Koch Strategic Platforms, Koch Industries, Inc., Siris, MAVENIR, KOCH STRATEGIC PLATFORMS, KOCH INDUSTRIES, INC., SIRIS

b'Koch Strategic Platforms (\xe2\x80\x9cKSP\xe2\x80\x9d), a subsidiary of Koch Investments Group, announced today it has signed an agreement for a strategic minority equity investment in Mavenir (the \xe2\x80\x9cCompany\xe2\x80\x9d).

Key Points: 
  • b'Koch Strategic Platforms (\xe2\x80\x9cKSP\xe2\x80\x9d), a subsidiary of Koch Investments Group, announced today it has signed an agreement for a strategic minority equity investment in Mavenir (the \xe2\x80\x9cCompany\xe2\x80\x9d).
  • Mavenir checks all the boxes.\xe2\x80\x9d\nFrank Baker, Co-Founder of Siris, said, \xe2\x80\x9cWe have been anticipating the transformation of mobile networks, and that time has arrived.
  • Mavenir is uniquely positioned to lead the 5G transformation given its investment in disruptive products, like OpenRAN, and extensive relationship with over 250 CSPs.
  • Siris is based in New York and Silicon Valley and has raised nearly $6 billion in cumulative capital commitments.