CD&R to acquire Atalian and OCS to form a Global Facilities Management Platform
July 28, 2022
Clayton, Dubilier & Rice (“CD&R”) announced agreements under which CD&R Fund XI and affiliates will acquire the Facilities Services business of OCS Group (“OCS”) and have made a binding and irrevocable offer to acquire Atalian, approval of which is subject to the information and consultation requirements of its works councils. The transactions will create a global facilities management (“FM”) platform centered around two leading family-owned businesses.
The platform will be a global FM player with a leading presence in Europe and Asia-Pacific across cleaning, security, catering, and multi-technical services, among others.
“We are excited by the opportunities that the creation of this platform represents,” said Christian Rochat, CD&R Partner. “Both companies operate in established markets with steady long-term trends. They fit well together with similar values and customer-focused philosophies. We look forward to supporting the teams in developing a leading FM platform with an enhanced customer proposition, drive growth and operating excellence.”
The acquisitions are subject to the above-mentioned conditions and clearance from the relevant regulatory authorities. They are expected to be completed in the second half of 2022.
About Clayton, Dubilier & Rice
Founded in 1978, Clayton, Dubilier & Rice is a private investment firm with a strategy predicated on building stronger, more profitable businesses. Since inception, CD&R has managed the investment of more than $40 billion in more than 100 companies with an aggregate transaction value of more than $175 billion. The Firm has offices in New York and London. For more information, please visit www.cdr-inc.com.
About Atalian
Atalian is one of the world leaders in Facility Management. An independent company established across four continents, Atalian supports organisations in the outsourcing of services for buildings. The company offers cleaning, catering, security, and other building services. Atalian operates in the most diverse business sectors and environments with a global and integrated range of services that meet the highest requirements. For more information, please visit atalian.com.
About OCS Facilities Services
OCS delivers critical and essential services to support more than 20,000 customers to keep their businesses running 24 hours a day. From offices and hospitals to stadiums and retail parks, to manufacturing plants, airports and courtrooms, OCS protects assets and people, delivering services to customers across multiple sectors in communities every day. 68,000 colleagues expertly deliver an essential and comprehensive range of facilities management services internationally, including in the UK, Ireland, Middle East, India, Thailand, Malaysia, Australia, New Zealand, Cambodia and Bangladesh. For more information, please visit www.ocs.com.