History and Key Investments
- Founded in 1976 by Martin H. Dubilier, Eugene Clayton, and Bill Welsh
- Joseph L. Rice III joined in 1978, and the firm became known as Clayton, Dubilier & Rice in 1992
- Executed a leveraged buyout in 1987, spinning off Borg-Warner's Industrial Products Division into BW/IP International
- Added nine new partners between 1987 and 1992, five of whom had previous CEO experience
- Acquired Uniroyal Goodrich Tire Company and a 50% stake in B.F. Goodrich in 1988
- Key investments include B&M Retail, Envision Healthcare, The Hertz Corporation, Hussman International, and Rexel (distributor of electrical parts and equipment)

Notable Deals and Partnerships
- Formed Lexmark from IBM's printer and keyboard manufacturing business in 1990
- CD&R purchased Culligan International in 2003
- Teamed with Merrill Lynch, The Carlyle Group, and Barclays to acquire The Hertz Corporation in 2005
- Acquired a 60% stake in John Deere Landscapes (now SiteOne Landscape Supply) in 2013
- Purchased Wolseley UK, the largest supplier of plumbing and building materials in the UK, in 2021

Accusations and Controversies
- Faced accusations of asset stripping during the bid to buy out Morrisons, leaving Culligan saddled with over $850 million of debt
- CD&R denied the accusations and Centerbridge Partners acquired Culligan in 2012
- Acquired a stake in SmileDirectClub after investing $380 million in 2018
- Acquired a 60% stake from the family owners of American Greetings in 2018
- CD&R invested alongside the founder of WSH Investments Ltd., Alistair Storey, in 2019

Recent Acquisitions and Partnerships
- Acquired a 60% interest in Humana, Inc.'s hospice and personal care divisions (Kindred at Home) for $2.8 billion in 2022
- Purchased the remaining common stock of Cornerstone Building Brands in 2022
- Agreed to buyout Focus Financial Partners in a deal worth over $7 billion in 2023
- Completed fundraising for Clayton Dubilier & Rice Fund X LP with $10 billion of investor commitments in 2017
- Acquired a 60% stake of Capco from FIS for $477 million in 2017

Name Changes, Valuations, and Impact
- John Deere Landscapes changed its name to SiteOne Landscape Supply
- HD Supply Waterworks changed its name to Core Main
- Ply Gem Holdings, Inc. was acquired by CD&R
- Clayton, Dubilier & Rice acquired majority interest in American Greetings
- SmileDirectClub received a $3.2 billion valuation
- CD&R closed its 10th fund at $10 billion
- CD&R was listed as one of the 50 best private equity firms for entrepreneurs
- CD&R won a £7 billion auction for Morrisons supermarket
- CD&R's impact on the US economy and specific industries