Deal of year for CD&R

Clayton, Dubilier & Rice has won the first annual Deal of the Year Award from Venture Economics in recognition of the firm’s recent investment in Italtel, Telecom Italia’s telecommunications switching equipment and systems integration subsidiary, a transaction valued at approximately $1 billion.

Clayton, Dubilier & Rice was selected by the staff of the Buyouts Newsletter, which is published by Venture Economics following a process of nominations from readers and editorial staff. The award recognises the single deal that stands out among all others for its innovation and management and required the unique financial engineering private equity firms provide.