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CD&R Fund XI/PWC’s Global Mobility Business

M/21/063

Completed

Transaction details

The proposed acquisition by Clayton, Dubilier & Rice Holdings, LLC of sole control of PWC’s Global Mobility Business has been cleared by the Competition and Consumer Protection Commission.
Case details
  • Notification date:15 November 2021
  • Publication date:15 November 2021
  • Economic sector:Professional, scientific & technical activities - N
  • Economic sub-sector:Legal & accounting - N.69
  • Simplified merger:Yes
  • Outcome:Cleared
Documents
Timetable

Phase One

  • Monday, 15 November, 2021 Notification received
  • Monday, 29 November, 2021 Third party submission deadline
  • Thursday, 2 December, 2021 Determination issued
Parties Involved

Clayton, Dubilier & Rice Holdings, LLC

Clayton, Dubilier & Rice Holdings is a private equity investment group based in the U.S.

 

The Target Asset

The target asset comprises a carve-out of PwC’s global mobility service business. Core services comprise tax, social security and immigration compliance, consulting, technology or managed services all in connection with, or in support of, domestic employees or international cross-border employees, employment or relocation immigration services.

Contacts
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