Cerberus Targets Data Center Power Demand with S+S Investment
Cerberus Capital Management, L.P. has agreed to make a strategic investment in S+S Industries, a Houston‑based provider of critical components and value‑added services for data center infrastructure. The deal, structured through Cerberus funds, is designed to accelerate S+S’s expansion as demand for high‑power electrical solutions grows alongside new hyperscale and enterprise data centers.
S+S’s founders, the Andrews family, will retain a significant ownership stake, and President Greg Andrews will remain in his leadership role to support strategic growth initiatives and ensure continuity.
The company manufactures and distributes copper and aluminum busbars and provides a suite of services essential to high‑power applications, including plating, coating, fabrication, kitting, finishing and scrap recycling. S+S plans to use Cerberus’ backing to invest in additional manufacturing capacity, enhance its operational capabilities, and advance long‑term strategic initiatives to deepen its position in the data center supply chain.
“Demand for data center infrastructure continues to surge, and the company is well positioned to scale alongside it to support this critical buildout,” said Michael Buchbinder, Managing Director at Cerberus.
The transaction is expected to close in the second quarter of 2026, subject to customary approvals.
Lazard and J.P. Morgan served as financial advisors, Davis Polk & Wardwell LLP served as legal advisor, and Houlihan Lokey acted as financing arranger to Cerberus in connection with the transaction. Portage Point Partners served as exclusive financial advisor, and Gibson, Dunn & Crutcher LLP served as legal advisor, to S+S.
