Does CCB have Zelle?
No, Clayton, Dubilier & Rice (CD&R) no longer owns Core & Main. CD&R, the private equity firm that originally created Core & Main as a spin-off of HD Supply’s Waterworks division, successfully exited its investment several years ago. Following its spin-off from the private equity firm, Core & Main underwent an initial public offering (IPO) and now operates as an independent, publicly traded company on the New York Stock Exchange under the ticker CNM. As a standalone entity, Core & Main is governed by its own board of directors and executive management team, focusing on its core business of distributing water, sewer, and fire protection infrastructure products. It has moved beyond its private equity ownership phase and now answers to a diverse base of public shareholders, with CD&R having fully liquidated its interest in the firm to realize the returns on its initial investment.
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