The Community Foundation is proud to be the philanthropic partner for Cadence, Inc., a Staunton-based manufacturer that supplies advanced products, technologies and services to medical, life science, automotive, and industrial companies worldwide.
As announced on April 21, 2018, Kohlberg & Company, a leading private equity firm based in Mount Kisco, New York, has entered into an agreement to acquire Cadence Inc. Kohlberg plans to maintain current operations, allowing Cadence’s long-standing tradition of design, development, and manufacturing excellence to continue unimpeded. However, Cadence Inc. is temporarily suspending its philanthropic work until after the acquisition is complete. The Community Foundation will announce here and via social media the continuation of Cadence’s philanthropy when that decision has been made. Please check this web page after June 2018 for available updates.