M&A Deal Summary

CD&R Acquires Presidio

On April 2, 2024, private equity firm CD&R acquired information technology company Presidio from BC Partners

Acquisition Highlights
  • This is CD&R’s 2nd transaction in the Information Technology sector.
  • This is CD&R’s 66th transaction in the United States.
  • This is CD&R’s 3rd transaction in New York.

M&A Deal Summary
Date 2024-04-02
Target Presidio
Sector Information Technology
Buyer(s) CD&R
Sellers(s) BC Partners
Deal Type Secondary Buyout

Target

Presidio

New York, New York, United States
Presidio is a technology services and solutions provider that builds traditional IT foundations and offers deep expertise in automation, security, networking, digital transformation, and cloud computing, It develops custom applications, provides managed services, enables actionable data insights, and builds forward-thinking solutions that drive extraordinary outcomes for customers globally. Presidio was founded in 2003 and is based in New York City.

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Buyer(S) 1

Buyer

CD&R

New York, New York, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1978
PE ASSETS 30.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Clayton, Dubilier & Rice LLC (CD&R) is a large private equity firm that targets non-core divestitures of large corporations, growth equity financings, traditional buyouts, and corporate/family partnerships. CD&R looks for opportunities in North America, Western Europe, and Asia and will consider businesses in a wide range of sectors including consumer/retail, healthcare, industrials, and services. Prospective companies generally lead their respective markets, have stable cash flows, and possess competitive advantages through differentiated products, services, or processes. CD&R was formed in 1978 and has offices in New York City and London.

DEAL STATS #
Overall 91 of 92
Sector (Information Technology) 2 of 2
Type (Secondary Buyout) 26 of 26
State (New York) 3 of 3
Country (United States) 66 of 67
Year (2024) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-02-20 TIH Insurance Holdings

Charlotte, North Carolina, United States

TIH Insurance Holdings is an insurance broker that operates more than 240 offices through its subsidiaries: McGriff Insurance Services, Inc.; CRC Insurance Services, Inc.; Crump Life Insurance Services, Inc.; AmRisc, LLC; and it's Premium Finance companies (AFCO Credit Corporation, Prime Rate Premium Finance Corporation, Inc., and CAFO Inc.). TIH Insurance Holdings is based in Charlotte, North Carolina.

Buy $15.5B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-08-01 R1 RCM

Murray, Utah, United States

R1 RCM is a provider of services and technology to healthcare providers. The Company helps clients strengthen their financial stability and deliver better care at a more affordable cost to the communities they serve, increasing healthcare access for all. R1 RCM was founded in 2003 and is based in Murray, Utah.

Buy $8.9B

Seller(S) 1

SELLER

BC Partners

London, United Kingdom

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1986
PE ASSETS 30.0B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

BC Partners is a large investment group focused on private equity, credit, real estate, and co-investment strategies. The Firm's private equity group looks to make control investments in European and North American businesses valued above €300 million. Sectors of interest include healthcare, directory publishing, media, industrial products, food, distribution, manufacturing, consumer services, business services, and communications. BC Partners was formed in 1986 and is based in London, England.

DEAL STATS #
Overall 54 of 54
Sector (Information Technology) 5 of 5
Type (Secondary Buyout) 20 of 20
State (New York) 4 of 4
Country (United States) 9 of 9
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-04-03 AKMH

Athens, Greece

AKMH provides education and training in over 100 specialties across 14 fields. AKMH currently operates 19 facilities across 9 Greek cities. AKMH is based in Athens, Greece.

Buy -
Mergr

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