Debevoise Advises CD&R in the Financing Aspects of Its Acquisition of Cornerstone Building Brands at an Enterprise Value of Approximately $5.8 Billion

1 August 2022

Debevoise & Plimpton LLP has advised Clayton, Dubilier & Rice (CD&R) in the financing aspects of its acquisition of all outstanding shares of Cornerstone Building Brands Inc., a leading building products manufacturer, representing an enterprise value of approximately $5.8 billion. For more information, please see the company’s press release.

Cornerstone Building Brands is the largest manufacturer of exterior building products by sales for residential and low-rise non-residential buildings in North America.

The Debevoise team was led by finance partner Brett Novick and capital markets partner Steven Slutzky and included finance partners Ryan Rafferty, Jeffrey Ross and Sunil Savkar, associates Faridat Arogundade, Max Lovrin, Matthew Sacco, Temitayo NeneAqua Umoren and Bradley Waldstreicher and law clerks Tayonna Ngutter, Kristen Scully and Adam Silverwood, capital markets partner Benjamin Pedersen, associates Ashley Yoon and Michael Pan and law clerk Jacqueline de Jong. Tax advice was provided by partners Michael Bolotin and Peter Furci and associate Lillian Jo Aston, real estate advice was provided by partner Nicole Mesard and associate Carly Schreiber, intellectual property advice was provided by counsel Caroline Geiger and associate Paisley Piasecki, antitrust advice was provided by counsel Kyra Bromley and associate Anne-Mette Heemsoth and litigation advice was provided by partner Shannon Selden.