CD&R

Roper Technologies announces first quarter financial results

Retrieved on: 
Vendredi, avril 26, 2024
Sale, Table, Investment, Roper Technologies, URL, Webcast, CD&R, Acquisition, Roper, ROP, Bank statement, GAAP, Growth, Bookkeeping

SARASOTA, Fla., April 26, 2024 (GLOBE NEWSWIRE) -- Roper Technologies, Inc. (Nasdaq: ROP) reported financial results for the first quarter ended March 31, 2024.

Key Points: 
  • SARASOTA, Fla., April 26, 2024 (GLOBE NEWSWIRE) -- Roper Technologies, Inc. (Nasdaq: ROP) reported financial results for the first quarter ended March 31, 2024.
  • We completed our acquisition of Procare during the first quarter and remain excited about the value creation opportunity this represents for Roper."
  • Reconciliation of non-GAAP measures to their most directly comparable GAAP measures are included in the accompanying financial schedules or tables.
  • The non-GAAP financial measures disclosed by the Company should not be considered a substitute for, or superior to, financial measures prepared in accordance with GAAP, and the financial results prepared in accordance with GAAP and reconciliations from these results should be carefully evaluated.

Elevance Health and Clayton, Dubilier & Rice Sign Agreement to Launch Strategic Partnership to Advance Primary Care Delivery

Retrieved on: 
Lundi, avril 15, 2024
General Health, Health, Health Insurance, MPG, Clayton, Dubilier & Rice, Commercial, Elevance Health, Partnership, ELV, Medicare, Dubilier, CD&R, Nursing

Elevance Health, Inc. (NYSE: ELV) and Clayton, Dubilier & Rice (CD&R) announced an agreement to form a strategic partnership to accelerate innovation in primary care delivery, enhance the healthcare experience, and improve health outcomes.

Key Points: 
  • Elevance Health, Inc. (NYSE: ELV) and Clayton, Dubilier & Rice (CD&R) announced an agreement to form a strategic partnership to accelerate innovation in primary care delivery, enhance the healthcare experience, and improve health outcomes.
  • “CD&R’s collaboration with Elevance Health is an important step in our ongoing investment focus to accelerate innovation in care delivery across the country,” said Clay Richards, CD&R Operating Partner.
  • The foundation of the new advanced primary care offering will be stronger patient-provider relationships supported by data-driven insights, care coordination and referral management, and integrated health coaching.
  • apree health, Carelon Health, and MPG offer unique strengths that together promise to improve individuals’ health and wellbeing, while helping care providers deliver higher quality care.

Resideo to Acquire Snap One to Expand Presence in Smart Living Products and Distribution

Retrieved on: 
Lundi, avril 15, 2024
Clayton, Dubilier & Rice, LLP, J.P. Morgan & Co., Investment, Morgan Stanley, Omnichannel, Software, Hand, Webcast, Bank of America, Simpson Thacher & Bartlett, Willkie Farr & Gallagher, Control4, Bank, Acquisition, EPS, Adjustment, ID, ADI, Dubilier, ADI Global Distribution, CD&R, Interest

The transaction will combine ADI's strong position in security products distribution and Snap One's complementary capabilities in the smart living market and innovative Control4 technology platforms, which is expected to drive increased value for integrators and financial returns.

Key Points: 
  • The transaction will combine ADI's strong position in security products distribution and Snap One's complementary capabilities in the smart living market and innovative Control4 technology platforms, which is expected to drive increased value for integrators and financial returns.
  • Demand for connected technology products continues to grow, and Resideo is the right owner to drive our expansion.
  • A Strong Position Across Multiple Attractive Categories: The acquisition will combine Snap One's capabilities for smart living integrators with ADI's complementary position in adjacent security products distribution.
  • Snap One generated 66% of sales from proprietary products in 2023 and these offerings typically carry significantly higher gross margin than third-party products.

CD&R to Acquire Presidio from BC Partners

Retrieved on: 
Mardi, avril 2, 2024
Microsoft, Partner, UBS, Citigroup, Palo Alto Networks, Growth, Partnership, LionTree, LLP, CD&R, BC Partners, Guggenheim Partners, Martha Plimpton, Cisco, BNP Paribas, Dell, Wells Fargo, Plex Systems, Kirkland & Ellis, RBC Capital Markets, Management

NEW YORK, April 2, 2024 /PRNewswire/ -- Clayton Dubilier & Rice ("CD&R" or the "Firm") and BC Partners today announced that they have entered into a definitive agreement under which funds affiliated with CD&R will acquire a majority ownership position in Presidio, a leading technology services and solutions provider, from BC Partners. As part of the transaction, funds affiliated with BC Partners will retain minority ownership interest in Presidio. Terms of the transaction were not disclosed.

Key Points: 
  • NEW YORK, April 2, 2024 /PRNewswire/ -- Clayton Dubilier & Rice ("CD&R" or the "Firm") and BC Partners today announced that they have entered into a definitive agreement under which funds affiliated with CD&R will acquire a majority ownership position in Presidio, a leading technology services and solutions provider, from BC Partners.
  • As part of the transaction, funds affiliated with BC Partners will retain minority ownership interest in Presidio.
  • BC Partners acquired Presidio in 2019, successfully delisting the Company from the Nasdaq in a $2.1 billion take private transaction.
  • Under BC Partners' ownership, Presidio initiated and completed a transformative growth plan, developing a leading cloud services business and expanding internationally.

Jenny Machida Joins CD&R as Managing Director of Portfolio Talent

Retrieved on: 
Lundi, mars 4, 2024
Watson Wyatt Worldwide, Dubilier, Katzenbach Partners, Booz, Investment, MBA, IMB, Chairperson, Clayton, Dubilier & Rice, CD&R, University, Partner, Yale University, PwC, Public, Willis Towers Watson, Management

NEW YORK, March 4, 2024 /PRNewswire/ -- Clayton, Dubilier & Rice ("CD&R" or the "Firm") today announced the appointment of Jenny Machida as Managing Director of Portfolio Talent, a newly created position to bring additional capability to support our investment teams' focus on talent across the investment life cycle.

Key Points: 
  • NEW YORK, March 4, 2024 /PRNewswire/ -- Clayton, Dubilier & Rice ("CD&R" or the "Firm") today announced the appointment of Jenny Machida as Managing Director of Portfolio Talent, a newly created position to bring additional capability to support our investment teams' focus on talent across the investment life cycle.
  • Ms. Machida has more than 25 years of experience in direct investing, management consulting and building businesses.
  • Prior to that, Ms. Machida was a Partner and Managing Director at private equity firm IMB Partners, where she played a lead role in talent due diligence, post-close strategic planning and in partnering with management teams to execute value creation initiatives.
  • Prior to IMB, Ms. Machida was co-founder, Chief Business Officer and Board Chair at a start-up medical diagnostic technology company called Sevident.

CD&R Appoints Consumer Products Executive Leslie Starr as Operating Advisor

Retrieved on: 
Mardi, février 27, 2024
Dubilier, Growth, Frito-Lay, Georgia State University, Retirement, MBA, Food, Clayton, Dubilier & Rice, CD&R, SunOpta, Mechanical engineering, Transformation, Executive, Procter & Gamble, Shearer's Foods, Knowledge, PepsiCo, Management

NEW YORK, Feb. 27, 2024 /PRNewswire/ -- Clayton, Dubilier & Rice ("CD&R" or the "Firm") today announced the appointment of Leslie Starr as an Operating Advisor to CD&R funds.

Key Points: 
  • NEW YORK, Feb. 27, 2024 /PRNewswire/ -- Clayton, Dubilier & Rice ("CD&R" or the "Firm") today announced the appointment of Leslie Starr as an Operating Advisor to CD&R funds.
  • Ms. Starr will work with CD&R's consumer team to advise the funds' consumer businesses.
  • Ms. Starr brings more than 35 years of experience as a senior executive and leader in the consumer products industry.
  • Ms. Starr held numerous executive roles over her 31 years with PepsiCo after beginning her career with Proctor and Gamble.

Core & Main Elects Stephen LeClair as Chairman of Board as Clayton, Dubilier & Rice Sells Remaining Stake

Retrieved on: 
Jeudi, février 8, 2024
Other Manufacturing, Commercial Building & Real Estate, Construction & Property, Building Systems, Manufacturing, Other Natural Resources, Architecture, Other Construction & Property, Natural Resources, Residential Building & Real Estate, Nate, Dubilier, Growth, CD&R, Leclair, CNM, Clayton, Dubilier & Rice, Management

LeClair will continue serving as chief executive officer of Core & Main.

Key Points: 
  • LeClair will continue serving as chief executive officer of Core & Main.
  • CD&R sold its remaining stake in Core & Main in January 2024.
  • “I am honored to have been appointed chairman of the board and I have never been more excited about the opportunities that lie ahead for Core & Main.
  • “During this time, Core & Main generated significant growth and expanded their products, services and capabilities to provide more value to their customers.”

Sir Dave Lewis Appointed Operating Advisor to CD&R Funds

Retrieved on: 
Lundi, janvier 15, 2024
Government, Food, Knowledge, UN, GSK, Consumer, PepsiCo, Unilever, The Business Council, Clayton, Dubilier & Rice, New Year's, Investment, Final good, Personal care, Food industry, CD&R, Dubilier, Growth, Renewable energy

LONDON, Jan. 15, 2024 /PRNewswire/ -- Clayton, Dubilier & Rice ("CD&R" or the "Firm") today announced the appointment of Sir Dave Lewis as an Operating Advisor to CD&R funds.

Key Points: 
  • LONDON, Jan. 15, 2024 /PRNewswire/ -- Clayton, Dubilier & Rice ("CD&R" or the "Firm") today announced the appointment of Sir Dave Lewis as an Operating Advisor to CD&R funds.
  • From 2014 to 2020 Sir Dave was the Chief Executive Officer of Tesco where he led the recovery of its strong market position.
  • We are delighted to welcome him as an Operating Advisor to CD&R funds and to work with him in the years to come."
  • Sir Dave Lewis said, "I believe the depth of CD&R's operating and investment expertise across the Consumer Goods, Retail, and other sectors in Europe to be incredibly strong.

Sir Dave Lewis Appointed Operating Advisor to CD&R Funds

Retrieved on: 
Lundi, janvier 15, 2024
Government, Food, Knowledge, UN, GSK, Consumer, PepsiCo, Unilever, The Business Council, Clayton, Dubilier & Rice, New Year's, Investment, Final good, Personal care, Food industry, CD&R, Dubilier, Growth, Renewable energy

LONDON, Jan. 15, 2024 /PRNewswire/ -- Clayton, Dubilier & Rice ("CD&R" or the "Firm") today announced the appointment of Sir Dave Lewis as an Operating Advisor to CD&R funds.

Key Points: 
  • LONDON, Jan. 15, 2024 /PRNewswire/ -- Clayton, Dubilier & Rice ("CD&R" or the "Firm") today announced the appointment of Sir Dave Lewis as an Operating Advisor to CD&R funds.
  • From 2014 to 2020 Sir Dave was the Chief Executive Officer of Tesco where he led the recovery of its strong market position.
  • We are delighted to welcome him as an Operating Advisor to CD&R funds and to work with him in the years to come."
  • Sir Dave Lewis said, "I believe the depth of CD&R's operating and investment expertise across the Consumer Goods, Retail, and other sectors in Europe to be incredibly strong.

Howard Ungerleider, Former President and CFO of Dow, Appointed Operating Advisor

Retrieved on: 
Jeudi, janvier 4, 2024
Science, CD&R, Michigan Baseball Foundation, Clayton, Dubilier & Rice, Agriculture, Business, Dow Chemical Company, Education minister, KD, University, Moses Austin, Dubilier, Advanced Materials, Plastic, Growth, Management

NEW YORK, Jan. 4, 2024 /PRNewswire/ -- Clayton, Dubilier & Rice ("CD&R" or the "Firm") today announced the appointment of Howard Ungerleider as an Operating Advisor to CD&R funds.

Key Points: 
  • NEW YORK, Jan. 4, 2024 /PRNewswire/ -- Clayton, Dubilier & Rice ("CD&R" or the "Firm") today announced the appointment of Howard Ungerleider as an Operating Advisor to CD&R funds.
  • "We are delighted to welcome Howard as an Operating Advisor to CD&R funds, where we believe his strategic thinking and operational impact will add value to our investing and portfolio companies," said CD&R CEO Nate Sleeper.
  • In 2006, he was appointed North American Commercial Vice President for Dow's $6 billion Basic Plastics business portfolio.
  • In 2012, he was named Executive Vice President of Dow's Advanced Materials Division and joined Dow's senior-most executive team.