CD&R Acquires Significant Stake in Foundation Building Materials

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.

Lowe's Companies, Inc. Acquires Foundation Building Materials (FBM)

October 9, 2025

Building Products

Lowe's Companies, Inc. completed its acquisition of Foundation Building Materials (FBM), a North American building materials distributor with over 370 locations. The deal expands Lowe's Pro offering and geographic footprint—particularly in California, the Northeast and the Midwest—while enabling cross-selling and enhanced fulfillment and digital capabilities for professional customers.

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.

CD&R Acquires HD Supply’s White Cap and Combines It with Construction Supply Group

August 11, 2020

Building Products

Clayton, Dubilier & Rice (CD&R) will acquire HD Supply’s Construction & Industrial business (White Cap) and combine it with Construction Supply Group (CSG), creating a leading North American distributor of concrete accessories and specialty construction products in a transaction valued at about $4 billion. CD&R funds will hold a 65% stake in the combined company while current CSG shareholders, led by The Sterling Group, will retain a 35% interest; the deal is subject to customary regulatory approvals.

CD&R to Acquire Atalian and OCS Facilities Services to Create Global Facilities Management Platform

July 28, 2022

Industrial Services

Clayton, Dubilier & Rice (CD&R) agreed to acquire the Facilities Services business of OCS Group and has made a binding offer for Atalian, with approval subject to works council consultations. The transactions will combine the two family-owned businesses to form a global facilities management platform with expanded capabilities across cleaning, security, catering and multi-technical services and a stronger presence in Europe and Asia-Pacific.

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.