155 Views

CD&R completes Motor Fuel Group acquisition

Clayton, Dubilier & Rice LLC has closed its previously announced buy of Motor Fuel Group in a deal valued at about 500 million pounds. The seller was Patron Capital. UK-based MFG is a gas and convenience retailer.

421 Views

CD&R-backed Univar prices IPO

Chemicals distributor Univar Inc has priced its IPO of 20 million shares at between $20 and $22 per share. Deutsche Bank Securities, Goldman, Sachs & Co and BofA Merrill Lynch are serving as the lead underwriters. Univar’s backers include Clayton, Dubilier & Rice LLP and CVC Capital Partners.

233 Views

CD&R to buy MFG from Patron Capital

Clayton, Dubilier & Rice LLC will be acquiring Motor Fuel Group from Patron Capital Partners for about 500 million pounds. The transaction, which was done in partnership with MFG management, is expected to be completed in July. Also, Alasdair Locke will remain chairman of MFG while Sir Terry Leahy, a senior advvisor to CD&R’s funds, has been added to MFG’s board. UK-based MFG is a gas and convenience retailer.

327 Views

CD&R recruits Sachdev as a partner

Clayton, Dubilier & Rice has named Ravi Sachdev as a partner. Sachdev is a former managing director for healthcare coverage and a co-head of healthcare services at J.P. Morgan.

BCA owner CD&R set for dividend payout-Reuters

The UK’s largest seller of second-hand vehicles British Car Auctions (BCA) is seeking to raise a minimum 148 million pounds (232.30 million US dollar) of new loans to refinance debt and pay a dividend to owners after pulling a planned stock market listing, banking sources said on Friday.

PE-backed ServiceMaster rolls out IPO

ServiceMaster Global Holdings, a portfolio company of Clayton, Dubilier & Rice, has launched its IPO after pricing its 35.9 million shares at $17 per share. The stock began trading Thursday on the NYSE under the ticker symbol “SERV.” J.P. Morgan Securities, Credit Suisse Securities, Goldman Sachs and Morgan Stanley are the lead underwriters. Headquartered in Memphis, ServiceMaster is a provider of essential residential and commercial services.

183 Views

CD&R-backed ServiceMaster Global Holdings files for IPO

ServiceMaster Global Holdings, a portfolio company of Clayton, Dubilier & Rice, has filed for an IPO. The number of shares that will be offered as well as its pricing terms have yet to be set. J.P. Morgan Securities, Credit Suisse Securities, Goldman Sachs and Morgan Stanley are the lead underwriters. Headquartered in Memphis, Tenn., ServiceMaster Global Holdings is a provider of essential residential and commercial services.

CD&R closes Buy of Wilsonart International

Clayton, Dubilier & Rice has closed its $395 million buy of Wilsonart International Holding, which was formerly known as Illinois Tool Works’ Decorative Surfaces business. The deal was announced in August. ITW retains a stake. Wilsonart’s business units make and distribute high pressure laminates that are used in furniture, office and retail space, countertops, worktops and other applications.

Littlejohn Promotes Miranda

Littlejohn & Co., a private investment firm based in Greenwich, CT, has promoted Antonio Miranda from principal to managing director. Miranda joined Littlejohn in 2004. Prior to that, he served as an associate at Clayton, Dubilier & Rice where he evaluated, structured and monitored private equity investments. He was also a financial analyst at J.P. […]

US Foods unveils new name and growth strategy

Rosemont-headquartered U.S. Foodservice has announced its new name, US Foods and is undertaking a rebranding of the business. It will launch a line of new and innovative products and is working to provide customers with more intuitive tools and technologies, and thoughtful service solutions and information. The company is jointly owned by funds managed by Clayton, Dubilier & Rice Inc. and Kohlberg Kravis Roberts & Co.

CD&R and Partners Complete SPIE Acquisition

Clayton, Dubilier & Rice (CD&R) and its partners AXA Private Equity and Caisse de dépôt et placement du Québec today announced the closing of the acquisition of French based multi-technical services company, SPIE, from PAI partners for  €2.1 billion. CD&R-managed funds, including co-investment vehicles, invested approximately €510 million; AXA Private Equity and Caisse de depot et placement […]

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