Daily News: October 11, 2012

Clayton, Dubilier & Rice Completes David’s Bridal Acquisition

Clayton, Dubilier & Rice (CD&R) announced that it completed the acquisition of David’s Bridal, Inc., a specialty retailer of bridal gown and wedding-related apparel and accessories in North America. The transaction values the company at approximately $1.05 billion. Additional terms of the transaction were not disclosed.

David’s Bridal stores provide an assortment of designer wedding gowns, special occasion dresses and accessories at affordable prices. David’s Bridal designs, produces and sells a wide selection of styles and sizes through a network of over 300 U.S. and five Canadian stores. In addition, www.davidsbridal.com is one of the industry’s leading wedding websites. An exclusive partnership with Vera Wang, under the brand White by Vera Wang, has successfully increased the company’s designer offerings, which include Oleg Cassini, Galina Signature, Galina, David