2014-15 Annual Review

Portfolio Milestones

  • Atkore

    In April 2014, Fund VIII completed the acquisition of all of Tyco International’s minority ownership stake in Atkore for $250 million. In addition, Fund VIII’s existing preferred stock was converted into common equity. Post-closing, CD&R Fund VIII owns approximately 89% of Atkore’s fully diluted equity.

    B&M Retail

    In April 2014, B&M expanded internationally with the acquisition of Jawoll, a leading general merchandiser in Germany. Jawoll had 49 stores at the time of the acquisition and reported sales of €155 million in the 12 months ending December 2013.

    Hussman

    In July 2014, Hussmann began shipping a new multi-deck product line to Latin American customers. The new product delivers greater energy efficiency, lowers installation costs and commands premium pricing.

  • Healogics

    In March 2015, Healogics completed the acquisition of Accelecare Wound Centers, Inc., the nation’s second largest provider of wound care services with 138 centers across 32 states. For the 12 months ending December 2014, Accelecare generated $55 million of revenue.

    Mauser

    In April 2015, Mauser announced the acquisition of family-owned sister companies IBC North America and Clean Tide Container, which together operate three manufacturing and five reconditioning facilities across the United States. Subsequently, in May 2015, Mauser acquired the plastic drum and Intermediate Bulk Container (“IBC”) business of Greif in Sao Paulo, Brazil, providing a broader customer base to supply Mauser’s industry leading line of plastic packaging as well as its line of IBCs.

    Solenis

    In February 2015, Solenis completed the acquisition of Clearwater Chemicals, a family-owned specialty chemicals company focused on the tissue & towel markets.

  • Trugreen

    In January 2014, ServiceMaster completed the separation of TruGreen from its portfolio through a tax-free spinoff that was effected through a pro rata dividend to ServiceMaster shareholders. TruGreen is now a separate standalone portfolio company in which CD&R funds own a majority interest. CD&R Operating Partner John Compton serves as Chairman of the business.