Clayton, Dubilier & Rice has acquired Vialto Partners from PwC.

Vialto Partners is a leading provider of globally integrated services supporting global workforce mobility, including immigration, tax, managed services, and technology. Vialto Partners had previously operated inside the PwC network as the Global Mobility Services business unit.

Clayton, Dubilier & Rice is a private investment firm. CD&R has managed the investment of approximately $40 billion in more than 100 companies with an aggregate transaction value of more than $175 billion. With this transaction, Vialto Partners becomes an independent provider of services supporting cross-border employee mobility.

“We believe our new platform gives us significant competitive advantages, including a truly global operating model, fewer auditor-related regulatory restrictions, and access to investment capital,” said Peter Clarke, CEO of Vialto Partners. “The scale and expertise of our global team is simply unmatched. And now, as a standalone company backed by CD&R, we believe we are positioned to transform the mobility ecosystem to help multinational organizations create better mobility experiences.”