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Vialto Partners launches as an independent, agile and globally scaled company with investment and operational support from Clayton, Dubilier & Rice

New York (ots/PRNewswire) Vialto partners to provide enhanced workforce mobility solutions to multinational companies and their mobile workforce

Vialto Partners today announced the completion of the sale of PwC to funds associated with Clayton, Dubilier & Rice (CD&R). Vialto Partners is a leading provider of globally integrated solutions supporting global workforce mobility, including immigration, tax, managed services and technology. Vialto Partners previously operated within the PwC network as the Global Mobility Services business unit.

With this transaction, Vialto Partners becomes a leading independent provider of services supporting cross-border employee mobility. The new company combines the global scale and deep expertise of PwC’s mobility experts with the agility, energy and resources of a new company backed by CD&R. Vialto Partners will accelerate its investments in technology and new services to ensure a more efficient, end-to-end mobility experience for businesses and their mobile workforce.

Vialto Partners has over 50 years of experience supporting clients in the mobility of the global workforce with a relationship-centric and customer-centric approach. In the new company, nearly 6,000 immigration, tax, human resources and technology experts will make their unmatched scale and expertise available to clients to help them with their most complex mobility challenges.

Vialto Partners is led by CEO Peter Clarke, who served as global managing partner of PwC Global Mobility Services. Clarke has over 30 years of global mobility experience. He is supported by a global leadership team with decades of experience serving clients and driving growth.

“We believe our new platform gives us significant competitive advantages, including a truly global operating model, fewer auditor restrictions and access to investment capital,” said Clarke. “The size and expertise of our global team is simply unmatched. And now, as a standalone entity As a company backed by CD&R, we believe we have the ability to transform the mobility ecosystem to help multinational companies deliver better mobility experiences.”

“We believe our new organization has become the employer of choice for leading mobility professionals. They recognize the competitive advantage our new structure provides,” added Clarke. “I look forward to working closely with CD&R, my leadership team and all the talented people at Vialto Partners to create a unique and differentiated workforce mobility support business .”

Clarke stated: “Mobility in the post-COVID era is more complex than ever and employers need integrated and specialized services to manage the complexities of different regions. Despite the challenges, companies are recognizing that global employee mobility remains a key driver of business strategy and talent development. Global orders and work assignments are even exceeding pre-COVID levels as employers now fill key gaps in their workforce.

“Our unique ability at Vialto Partners is to offer integrated workforce solutions that help clients manage the complexities of cross-border operations while making it a great experience for employees,” said Leo Palazzuoli, Head of Customers and Markets. Our cloud-based, mobile-first platform ensures both employers and employees have the information they need to seamlessly manage mobility.”

“We are excited to support the launch of Vialto Partners and help realize its full potential as an independent company,” said Stephen Shapiro, a CD&R Partner. “We believe multinational companies are opening a new chapter in the global workforce management and that Vialto Partners is well positioned to extend its leadership position as an innovator and become the solution provider of choice in this dynamic new age.”

About Vialto Partners

Vialto Partners is a market leader providing globally integrated solutions that support global workforce mobility. These include immigration, taxes, managed services and digital solutions. As a trusted advisor in compliance, consulting and technology services for multinational companies, the company solves complex, cross-border workforce mobility challenges to ensure its customers and their employees experience mobility globally in a consistent and compliant manner.

About Clayton, Dubilier & Rice

Clayton, Dubilier & Rice is a private investment firm dedicated to building stronger, more profitable businesses. Since its inception, CD&R has managed approximately $40 billion in investments in more than 100 companies for a total transaction value of more than $175 billion. Throughout its history, approximately half of CD&R’s transactions have been corporate spin-offs. The firm has offices in New York and London. Visit www.cdr-inc.com for more information.

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Questions & contact:

Will Braun / Lisa Pham,
Abernathy MacGregor,
646-770-5674 / 713-816-1186,
whb@abmac.com / ltp@abmac.com

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