CD&R Sells Minority Stake in Motor Fuel Group to Apollo-led Investor Group

Apollo-Managed Funds Acquire Majority Stake in Freedom CNG

September 12, 2024

Energy

Apollo-managed funds acquired a majority interest in Freedom CNG, a Houston-based owner and operator of compressed natural gas (CNG) and renewable natural gas (RNG) fueling stations. The investment will support Freedom's organic and inorganic growth to expand RNG/CNG fueling infrastructure for transportation fleets, municipalities and other high-volume fuel users.

CD&R to Acquire Majority Stake in Roper Technologies' Industrial Businesses

June 1, 2022

Industrial Services

Roper Technologies agreed to sell a majority stake in its industrial businesses (its entire Process Technologies segment and the industrial businesses within Measurement & Analytical Solutions) to affiliates of Clayton, Dubilier & Rice (CD&R) for approximately $2.6 billion in upfront pre-tax cash while retaining a 49% minority interest. The package—which includes Alpha, AMOT, CCC, Cornell, Dynisco, FTI, Hansen, Hardy, Logitech, Metrix, PAC, Roper Pump, Struers, Technolog, Uson and Viatran—generated about $940 million of revenue and $260 million of EBITDA in 2021; CD&R will operate the businesses as a standalone platform to pursue organic and inorganic growth.

CD&R, Merck GHI and McKesson Ventures Recapitalize M2GEN

March 17, 2021

Healthcare Services

Clayton, Dubilier & Rice (CD&R) led a recapitalization of oncology data and informatics company M2GEN, with strategic investments from Merck Global Health Innovation Fund and McKesson Ventures. The transaction — which closed with terms undisclosed — positions CD&R as the largest shareholder and will fund growth of M2GEN's linked clinical and genomic data assets and expanded technology and informatics capabilities.

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.

Apollo Hybrid Funds Acquire Majority Stake in PowerGrid Services

July 2, 2025

Industrial Services

Apollo-managed funds and affiliates associated with Apollo’s hybrid strategies have agreed to acquire a majority stake in PowerGrid Services (PGS). The Sterling Group and management are partnering with Apollo following the transaction, which is subject to customary closing conditions. The deal was later completed by The Sterling Group with Apollo.

Apollo Funds Makes Strategic Investment in T.D. Williamson

June 10, 2025

Energy

T.D. Williamson (TDW), a global leader in pipeline infrastructure technology and services, received a strategic minority investment from funds managed by Apollo Global Management. SCF Partners, which acquired TDW in June 2022, will remain the majority owner as Apollo provides growth capital to support TDW's strategic growth initiatives and global expansion.