Debevoise Advises Clayton, Dubilier & Rice in Its Partnership Investment in Cheney Brothers

23 July 2020

Debevoise and Plimpton LLP is advising Clayton, Dubilier & Rice (“CD&R”) in its partnership investment in Cheney Brothers, a leading family-owned and operated regional food distributor serving the Southeastern United States. For more information, please see the company’s press release.

CD&R is a private investment firm with a strategy predicated on building stronger, more profitable businesses. Since inception, CD&R has managed the investment of $30 billion in 90 businesses representing a broad range of industries with an aggregate transaction value of approximately $140 billion. Cheney Brothers is one of the leading foodservice distributors in the Southeast, with annual sales of more than $2 billion.

The Debevoise team is led by M&A partners Uri Herzberg and Kevin Schmidt and includes M&A counsel Molly Stockley and associates Marisa Demko, Spencer Gilbert and Dominique Trudelle, finance partner Jeffrey Ross and associates Temitayo NeneAqua Umoren and Brett Novick, tax partner Erin Cleary, benefits partner Franklin Mitchell and associate Wendy Widman, intellectual property associate Jose Angel Lamarque, FDA regulatory partner Paul Rubin and associate Melissa Runsten, regulatory counsel Erich Grosz, environmental counsel Stuart Hammer and litigation associate Adam Saunders.