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Valley News - Private equity firm buys Claremont IT company Red River Technology

CLAREMONT A major New York private equity fund has acquired control of Claremont IT consulting firm Red River Technology.Cerberus Capital Management, which oversees a portfolio of companies in aerospace, defense, health care, real estate and retail,. ....

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Cerberus Partners acquires Red River Technology

NH Business Review
Claremont-based IT services provider sees ‘endorsement of our potential’
June 3, 2021
Red River CEO Alan Dumas
Red River Technology, the New Hampshire-based provider of managed IT services, has been acquired by an affiliate of private equity firm Cerberus Capital Management.
The company’s founding shareholders, most of whom are members of the management team, along with Acacia Partners of Austin, Texas, a private equity firm that made an investment in Red River in 2018.
The acquisition was announced Tuesday. No transaction price was announced. Cerberus, based in New York, is a major private equity firm whose investments include Albertsons Companies Inc., Toshiba Corp. and Deutsche Bank. ....

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