Clayton, Dubilier & Rice Goes Live on iLevel for Portfolio Monitoring
Private equity general partner using cloud-based platform to track performance of portfolio companies
NEW YORK, Jan. 31, 2013 /PRNewswire/ -- Clayton, Dubilier & Rice, LLC ("CD&R"), a global private equity firm with a strategy of building and growing the businesses in which it invests, and iLevel Solutions, the cloud-based software provider to alternative asset managers, together announced that CD&R has selected and gone live on iLevel for its portfolio monitoring platform. iLevel is an innovative, SaaS-based portfolio monitoring platform that automates data collection from portfolio companies and offers web and Excel-based reporting on thousands of investment performance metrics.
Founded in 1978, CD&R has managed the investment of approximately $18 billion in 55 U.S. and European businesses representing a broad range of industries with an aggregate transaction value of more than $80 billion.
"We are continuously striving to enhance the services we provide to investors, and timely access to current, accurate portfolio company data is a capability that our investors highly value," said Thomas C. Franco, Partner at CD&R. "Implementing iLevel is an important milestone because it helps us keep our limited partners well informed about our businesses."
"When you have large, multinational portfolio companies like CD&R, you have access to a lot of information for each investment. Unfortunately, the report formats and the metrics themselves tend to vary across portfolio companies; this is why firms like CD&R turn to iLevel – for streamlined data collection and cross-portfolio reporting," said Rick Kushel, CEO of iLevel Solutions. "CD&R is a pioneer and true leader in the private equity market and we are honored to have them as an iLevel client."
About iLevel Solutions
iLevel Solutions offers the market-leading Portfolio Management Platform for the alternative asset management market. The innovative, highly secure Software-as-a-Service technology solution automates the collection, storage, collaboration, analysis, and reporting of portfolio data. Investors in iLevel Solutions include Blackstone, The Carlyle Group, Duff & Phelps, Hamilton Lane, Swift River Investments, and Egis Capital Partners. For more information, visit www.ilevelsolutions.com.
About Clayton, Dubilier & Rice, LLC
Founded in 1978, Clayton, Dubilier & Rice is a private equity firm with an investment strategy predicated on producing financial returns through building stronger, more profitable businesses. The Firm's partners and advisors include a combination of skilled investment decision-makers and seasoned corporate leaders from major global enterprises. Since inception, CD&R has managed the investment of approximately $18 billion in 55 businesses – mostly subsidiaries or divisions of large corporations – with an aggregate transaction value of more than $80 billion. The Firm has offices in New York and London. For more information, please visit www.cdr-inc.com. Inquiries to Dan Jacobs at CD&R (212) 407-5218.
Contact:
Mason Power
Chief Marketing Officer, iLevel Solutions
+1.646.561.6180
[email protected]
SOURCE iLevel Solutions
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article