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Cerberus Capital Management acquired Stanadyne LLC, a maker of engine fuel delivery systems, with Angle Advisors as exclusive advisor. The Cerberus-led investor group also provided a $35 million capital investment to strengthen the balance sheet.
Stanadyne LLC acquired Pure Power Technologies Inc., a leader in diesel fuel injectors and turbochargers headquartered in Columbia, South Carolina. The acquisition combines complementary product lines in fuel and air management systems.