Elliott Investment Management Acquires Majority Stake in American Greetings

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.

Clayton, Dubilier & Rice Acquires S&S Activewear

March 12, 2021

Retail

Clayton, Dubilier & Rice (CD&R) has acquired S&S Activewear, investing alongside the company’s current owners and management to support long-term growth. S&S Activewear, headquartered in Bolingbrook, Illinois, is a leading North American wholesaler and distributor of imprintable apparel and accessories with roughly $1.5 billion in sales and more than 2,000 employees.

CI Financial Acquires Majority Interest in RGT Wealth Advisors

November 24, 2020

Wealth Management

CI Financial Corp. will acquire a majority ownership stake in RGT Wealth Advisors, a Dallas-based registered investment advisor with approximately US$4.7 billion in client assets, in a deal to be paid in cash and CI shares. The transaction, expected to close in Q4 2020 subject to regulatory and stock exchange approvals, expands CI's U.S. wealth footprint (bringing U.S. wealth assets to ~US$21 billion) while RGT principals will retain a meaningful ownership stake.

Clayton, Dubilier & Rice Acquires Cornerstone Building Brands

July 25, 2022

Building Products

Clayton, Dubilier & Rice (CD&R) has completed its acquisition of Cornerstone Building Brands, the largest manufacturer of exterior building products in North America, in an all-cash transaction with an enterprise value of approximately $5.8 billion including assumed debt. Cornerstone, headquartered in Cary, North Carolina and employing more than 20,000 people, will become a privately held company under CD&R to pursue operational improvements and accelerated growth.

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 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.