Brookfield acquires a 45% stake in BrandSafway from Clayton, Dubilier & Rice.

Brookfield Business Partners, a leading business and industrial services firm acquires a 45% stake in BrandSafway,a leading provider of infrastructure services from Clayton, Dubilier & Rice, a leading private investment firm. Financial terms were not disclosed. As a result of the investment, Brookfield and funds managed by CD&R will each own approximately 45% of the Company. BrandSafway management will continue to own a minority interest in the business. “Brookfield has a long history partnering with BrandSafway across our various operating platforms. We are very excited about the opportunity to work with Company leadership and our partners at CD&R to continue growing the business.” Cyrus Madon, Brookfield CEO.