Clayton, Dubilier & Rice

Founded in 1978, Clayton, Dubilier & Rice (CD&R) is a pioneer in the private equity industry, originally established with a focus on turnaround management. The firm became known for its operationally-focused investment strategy, often recruiting former high-level corporate CEOs to help manage and grow its portfolio companies. Over the decades, it has evolved into a major global player in large-scale buyouts, consistently ranking among the largest private equity firms in the world.

The firm is noted for several landmark deals, including the formation of Lexmark from IBM's printer division and the $15 billion acquisition of Hertz Global Holdings. It operates primarily out of offices in New York and London, targeting complex corporate carve-outs and family-owned business transitions. Recently, the firm has continued its aggressive expansion with multi-billion dollar acquisitions in sectors ranging from healthcare to consumer retail, including the high-profile takeover of the British supermarket chain Morrisons.