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375 Park Ave., 18th Fl. New York, NY 10152 NY Tel. 212-407-5200 Fax 212-407-5252 |
Type: Private
On the web:
http://www.cdr-inc.com
Employees:
15,500
Clayton, Dubilier & Rice (CD&R) specializes in turnaround situations. The private equity firm typically acquires noncore units of large corporations and works with existing management to improve operations. Since it was formed in 1978, CD&R has raised more than $11 billion in capital (including $4 billion for its latest fund), and has invested in more than 40 businesses in the US and Europe. In 2007 the company led an investor group that bought ServiceMaster, and joined with Bain Capital and The Carlyle Group to buy the wholesale construction supply business of The Home Depot for about $8.5 billion. Each firm owns a third of the unit, known as HD Supply.
Key numbers for fiscal year ending December, 2008:
Sales: $1,100.3M
Officers:
Chairman: Joseph L. Rice III
President and CEO: Donald J. Gogel
Managing Partner: Kevin J. Conway
Competitors:
HM Capital Partners
KKR
TPG
