S+S Industries Announces Strategic Investment by Cerberus Capital Management

Portage Point served as exclusive financial advisor to S+S Industries, a leading data center solutions provider

We are pleased to announce that S+S Industries (S+S or the Company), a leading provider of critical solutions and value-added services for data center infrastructure, has entered into a definitive agreement under which certain funds managed by Cerberus Capital Management, L.P. (together with its affiliates, Cerberus) will make a strategic investment into the Company. Portage Point served as exclusive financial advisor to S+S. Terms of the transaction were not disclosed. The transaction is expected to close in the second quarter of 2026, subject to customary closing conditions.

Headquartered in Houston, Texas, S+S serves a diversified base of original equipment manufacturer (OEM) customers supplying power distribution equipment to hyperscale, colocation and enterprise data center operators. The Company manufactures and distributes copper and aluminum busbars and provides value-added services critical to high power electrical applications, including plating, coating, fabrication, kitting, finishing and scrap recycling. With broad exposure to leading hyperscalers and a presence across key data center hubs, S+S has built strong customer relationships and a reputation for consistent delivery, supported by longstanding supplier relationships and advanced capabilities.

With the acceleration of data center development, S+S is well positioned to scale alongside the infrastructure build-out and capture growth opportunities across adjacent electrification end markets. The Company plans to expand its market position through investments in manufacturing capacity, operational capabilities and long-term strategic initiatives. Under Cerberus’s ownership, the Company is well positioned to continue scaling alongside accelerating data center infrastructure demand and expand into adjacent electrification end markets.

This transaction highlights both the strength of the Portage Point Investment Banking platform in delivering high-quality sell-side M&A advisory services and the value of our cross-functional collaboration to deliver high-impact solutions. The Investment Banking team led all aspects of the transaction process from initial positioning and marketing through negotiation and signing while the Transaction Advisory Team (TAS) provided sell-side financial due diligence, including Quality of Earnings and transaction negotiation support. The team’s expertise and disciplined execution drove a competitive process and a successful outcome.

Portage Point served as exclusive financial advisor, and Gibson, Dunn & Crutcher LLP served as legal advisor, to S+S. Lazard and J.P. Morgan served as financial advisors and Houlihan Lokey acted as financing arranger to Cerberus. Davis Polk & Wardwell LLP served as legal advisor to Cerberus.

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