Source: GlobalNewswire

Press Release: Clayton, Dubilier : HD Supply Completes Sale of its Waterworks Business Unit to Clayton, Dubilier & Rice

ATLANTA, Aug. 01, 2017 (GLOBE NEWSWIRE) -- HD Supply Holdings, Inc. (NASDAQ:HDS) today announced it has completed the previously announced sale of its Waterworks business unit, the nation's largest distributor of water, sewer, storm and fire protection products, to funds managed by Clayton, Dubilier & Rice. Goldman Sachs & Co, LLC served as financial advisor and King & Spalding served as legal counsel to HD Supply on the transaction.

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Nathan K. Sleeper's photo - CEO of Clayton, Dubilier & Rice, LLC

CEO

Nathan K. Sleeper

CEO Approval Rating

90/100

CD&R is a private equity firm that offers investment and portfolio management services for corporates. Read more