Private equity major Clayton Dubilier & Rice has brought in former Triton Partners energy and resources team head Björn Killmer as a partner in its London office.
Killmer will focuses on industrial investments in Europe. The firm said it has made 16 investments in Europe-headquartered companies in 20 years, representing more than $6bn in invested capital.
He spent close to a decade at Triton Partners, having previously been with Goldman Sachs since 1994.
David Novak, who leads the firm’s Europe business, said, “CD&R’s investment strategy is well suited to the opportunities we expect to see in the coming years, as corporations and family owners continue to reshape their portfolios and entrepreneurs seek investment partners to accelerate growth and profitability initiatives.
“We are delighted to add Björn to the CD&R team; he is an extraordinary senior executive who will be a highly effective representative of the firm’s strategy in the European industrial vertical, where he brings a strong record of sourcing and managing investments.”
CD&R ended its tenth flagship fundraise in 2017 after pulling in $10bn for a final close.
Recent deals from the firm include selling half of its stake in Brand Industrial Services to Brookfield Business Partners in a $1.3bn deal.
The pair will both own about 45 per cent of the business following the deal, which Reuters said gave the business a valuation of about $6.7bn, including $3.8bn of debt.
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