Clayton, Dubilier & Rice Partners with Vera Whole Health

Vera Whole Health Acquires Castlight Health

January 5, 2022

Healthcare Services

Vera Whole Health agreed to acquire publicly traded Castlight Health for approximately $370 million in an all-cash tender offer at $2.05 per share, taking Castlight private. Funds advised by Clayton, Dubilier & Rice (CD&R) committed to be the majority equity backer of Vera to support the combination, and Anthem will make an investment in the combined company to help scale value-based care by integrating Castlight's navigation technology with Vera's primary-care clinics.

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.

Clayton, Dubilier & Rice Acquires Majority Stake in Sirius Computer Solutions

July 1, 2019

IT Services

Clayton, Dubilier & Rice (CD&R) acquired a majority equity interest in Sirius Computer Solutions from funds affiliated with Kelso & Company. The partnership positions CD&R to support Sirius’ continued growth and expand its managed services, cloud, security and solutions offerings while Joe Mertens remains CEO.

Clayton, Dubilier & Rice Acquires Huntsworth plc

May 1, 2020

Healthcare Services

Clayton, Dubilier & Rice (CD&R) agreed a recommended cash offer and completed the take-private acquisition of Huntsworth plc for approximately £575 million. CD&R said it will invest in Huntsworth’s healthcare-focused commercialization services—including medical affairs, market access and marketing—to support organic and acquisition-led growth under private ownership.

Clayton, Dubilier & Rice Acquires Veritiv Corporation

August 7, 2023

Packaging

An affiliate of private equity firm Clayton, Dubilier & Rice (CD&R) has completed the acquisition of Veritiv Corporation for $170.00 per share, valuing the company at approximately $2.6 billion. Veritiv, a leading North American distributor of packaging, JanSan/hygiene and print products headquartered in Atlanta, will become a privately held company under CD&R to pursue accelerated organic and inorganic growth and operational improvements.

CD&R to Acquire Majority Stake in Presidio from BC Partners

April 2, 2024

IT Services

Clayton, Dubilier & Rice (CD&R) will acquire a majority ownership position in Presidio, a leading IT services and digital solutions provider, from BC Partners, which will retain a minority stake. The transaction, which strengthens Presidio’s ability to expand its cloud, managed services and cybersecurity capabilities, is expected to close in Q2 2024; terms were not disclosed.