Permira appoints senior advisor

UK LBO giant Permira has appointed David Williams, former CEO of SIG as senior advisor to the firm.

Williams will be responsible for identifying opportunities in the industrial product and services sector, with a particular focus on the building and construction industries. He will also advise Permira on its existing portfolio companies.

The newly appointed senior advisor spent 25 years at SIG, a supplier of specialist building products and services to the building and construction industries and served as the firm’s chief executive from 2002 to 2008. During his tenure, Williams pursued over 50 acquisitions, developed the company’s presence in new continental European markets and lead the exit from its US operations.