Clayton, Dubilier & Rice (CD&R) has reached an agreement with HD Supply Holdings under which CD&R funds will lead an investment to acquire HD Supply’s Construction & Industrial business (aka White Cap), a distributor of specialty concrete and construction products, and combine it with the Construction Supply Group (CSG), a distributor of specialty concrete and masonry accessories. 

NorthEdge Capital, which manages over GBP650 million of private equity funds aimed at the North and Midlands regions, has recruited a new director and made six senior promotions.

Guardian Capital Partners has appointed Damien J Gresko as a Vice President. Gresko has both deal and strategic operating experiences in public and private markets. 

WhiteHorse Capital (WhiteHorse), the direct lending affiliate of HIG Capital, has appointed Jason Hicks as Principal. 

Siguler Guff, a multi-strategy private equity investment firm with over USD14 billion of assets under management, has added Ray Miller and Prashant Rai to its credit investment platform.

Clayton, Dubilier & Rice has appointed Chris Satchell as an Operating Principal focused on technology and digital initiatives at the Firm’s portfolio companies.  

BTIG has appointed J Rory Rohan as a Managing Director within its Healthcare Investment Banking division. Rohan will be based in the firm’s New York office, and will report to KC Stone, Managing Director and Head of Healthcare Investment Banking, at BTIG.

Aberdeen Standard Investments (ASI) has today announced the appointment of Chris Robinson to its European Private Equity team.

Behrman Capital portfolio company Pelican Products, a specialist in the design and manufacture of high-performance protective cases, temperature-controlled packaging systems and advanced portable lighting systems, has named Phil Gyori the company’s President and Chief Executive Officer. 

DLA Piper has appointed private equity (PE) lawyer Piero Carbone as a partner in its Corporate practice, based in London.