Hellman & Friedman, GIC and BlackRock PE Partners Buy 39% Stake in Belron from CD&R Fund X; CD&R Creates SPV for Remaining Stake

Blackstone, Carlyle and Hellman & Friedman Lead Majority Investment in Medline

June 5, 2021

Medical Devices

Medline Industries has agreed to receive a majority investment from a partnership of funds managed by Blackstone, Carlyle and Hellman & Friedman, with Singapore sovereign wealth fund GIC also investing. The Mills family will remain the largest single shareholder and management will stay in place; proceeds will be used to expand product offerings, accelerate international expansion and strengthen global supply chain infrastructure.

CD&R Acquires Significant Stake in Foundation Building Materials

January 31, 2024

Building Products

Funds managed by Clayton, Dubilier & Rice (CD&R) have acquired a significant ownership position in Foundation Building Materials, Inc. (FBM) from affiliates of American Securities, with American Securities retaining a majority stake. FBM, a leading North American distributor of specialty building products headquartered in Santa Ana, California, operates 300+ branches and employs more than 5,600 people; the investment will support the company’s continued growth, product/service expansion and digital initiatives.

Hellman & Friedman Acquires Majority Stake in Safe-Guard Products International

July 15, 2024

Insurance

Hellman & Friedman has closed a majority investment in Safe-Guard Products International, a leading provider of third-party private-label finance and insurance protection products for the automotive, RV, marine, and powersports markets. Stone Point Capital will remain a partner on the board, and Safe-Guard’s management team will continue to lead the business with Randy Barkowitz named Executive Chairman and David Pryor assuming the role of CEO.

CD&R Partnership Investment in Cheney Brothers

July 23, 2020

Food & Beverage

Clayton, Dubilier & Rice (CD&R)-managed funds have completed a minority partnership investment in Cheney Brothers, a family-owned regional foodservice distributor. The Cheney family remains majority owners and Byron Russell stays as Chairman and CEO; the investment will support the company’s continued expansion across core markets including Florida and North Carolina. Terms were not disclosed.

Hellman & Friedman Acquires Majority Stake in IRI and Merges It with The NPD Group

April 7, 2022

Data & Analytics

Hellman & Friedman will acquire a majority stake in Information Resources, Inc. (IRI) and merge IRI with H&F portfolio company The NPD Group to create a leading global technology, analytics and data provider. Long‑term IRI investors Vestar Capital Partners and New Mountain Capital will retain significant investments alongside H&F; the combined business will unify data assets and IRI’s Liquid Data platform to offer a total‑store view across CPG, retail and foodservice markets.

Clayton, Dubilier & Rice Acquires Focus Financial Partners

February 27, 2023

Wealth Management

Clayton, Dubilier & Rice (CD&R), with continued investment from Stone Point Capital, agreed to acquire Focus Financial Partners in an all-cash transaction valuing the company at an enterprise value in excess of $7 billion. Focus stockholders will receive $53 per share; Stone Point will retain a portion of its investment and provide new equity financing to support Focus as a private company, which the buyers say will provide greater financial and operating flexibility to grow the partner-firm network.