To help find and source new investments, the private investment firm adds the CEO Anixter had at the time it merged with Wesco.
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Fellow private equity firm American Securities, which acquired FBM in 2021, retains a majority stake in the distributor.
John Stegeman joins the firm's Industrials team in January to help pursue new investment opportunities and support portfolio management.
It's just CD&R's latest major investment in the B2B distribution space.
