Cerberus Capital Management, a global alternative investment firm with approximately $70 billion in assets, has entered into a definitive agreement to make a strategic investment into S+S Industries, a leading provider of critical solutions and value-added services for data center infrastructure. The Andrews family, founders of S+S, will retain a significant ownership stake in the business, and President Greg Andrews will continue in his leadership role to support strategic growth initiatives and maintain continuity of the company’s values and customer relationships.
The transaction is expected to close in the second quarter of 2026, subject to customary closing conditions.
Based in Houston, S+S serves a diversified base of OEM customers supplying power distribution equipment to hyperscale, colocation, and enterprise data center operators. The company manufactures and distributes copper and aluminum busbars — the primary conductors used in high-power electrical distribution systems — 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 developed over nearly five decades of operation.
With data center development accelerating and demand for electrical infrastructure rising commensurately, S+S plans to expand its market position through investments in manufacturing capacity, operational capabilities, and long-term strategic initiatives. Founder George Andrews noted that nearly five decades of building the company around an unwavering focus on customers and consistent quality had allowed S+S to grow into the market leader it is today, and characterized the Cerberus partnership as a natural next step in the growth journey.
The deal underscores the premium that institutional investors are placing on companies occupying critical positions in the data center supply chain. As hyperscalers and colocation operators accelerate deployment, the manufacturers and distributors of electrical infrastructure components face strong and sustained demand growth with limited near-term competitive exposure.
Support: Lazard and J.P. Morgan served as financial advisors to Cerberus, with Davis Polk & Wardwell as legal counsel and Houlihan Lokey as financing arranger. Portage Point Partners served as exclusive financial advisor and Gibson Dunn as legal counsel to S+S.
KEY QUOTES:
“Reliable power infrastructure is scaling rapidly to meet growing data demand. Our track record of consistently delivering high-quality products and value-added services has positioned S+S as a trusted partner in the market. Cerberus brings deep experience partnering with industrial businesses through growth.”
Greg Andrews, President, S+S Industries
“S+S’s solutions are central to the electrical backbone of modern data centers, and its critical solutions and execution track record set it apart in the industry. Demand for data center infrastructure continues to surge, and the Company is well positioned to scale alongside it.”
Michael Buchbinder, Managing Director, Cerberus
