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David A. Novak

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Biographical Information

"Mr. David A. Novak serves as a Partner at Clayton Dubilier & Rice, Inc. Mr. Novak joined Clayton Dubilier & Rice in 1997 and has been with the firm for 14 years. He is based at the London office. Mr. Novak is the Lead Financial Partner responsible for BCA, HD Supply, and Rexel, as he was for Jafra until its sale to Vorwerk & Co. in 2004. He also co-led negotiations in the Firm’s public-to-private acquisition of Brakes. Previously, he was the Lead Financial Partner for Jafra Cosmetics International, where Mr. Novak was also involved in the initial purchase of Jafra, its recapitalization in 2003, and its sale to Vorwerk & Co. in 2004. During the purchase of Italtel, he helped negotiate complex shareholder agreements with the seller, Telecom Italia, and Cisco Systems. Mr. Novak also co-led the deal side in the firm's public to private negotiation and acquisition of Brakes, focusing on the valuation and pricing issues surrounding the transaction. In addition, he played a key role in the acquisitions of North American Van Lines, Allied Van Lines, and the foundation of SIRVA. Previously, Mr. Novak served in the Private Equity and Investment Banking Divisions at Morgan Stanley & Co. Inc. and at the Central European Development Corporation. He is a Director and Member of Executive Committee at ItalTel S.p.A and Member of Supervisory Board, Chairman of Strategic Committee and Member of Audit Committee at Rexel SA, BCA. He is a Member of the Board of Directors at BCA, HD Supply, Jafra Cosmetics International, Inc.; CDRJ Investments (Lux) SA; Rexel Dévéloppement, and Jafra SA. Mr. Novak served as a Director at Jafra Worldwide Holdings Lux Sarl. He holds an M.B.A. from Harvard Business School and is a Graduate of Amherst College." [1]

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References

  1. David A. Novak, organizational web page, accessed July 29, 2012.