PR95778

NEW YORK, May 2, 2022 /PRNewswire=KYODO JBN/ --

Vialto Partners To Deliver Enhanced Workforce Mobility Solutions to

Multinational Organizations and their Mobile Employees

Vialto Partners today announced the completion of its sale from PwC to funds

affiliated 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

had previously operated inside the PwC network as the Global Mobility Services

business unit.

Logo - https://mma.prnewswire.com/media/1808456/vialto_Logo.jpg  

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 investment in technology and new services to create a more

efficient, end-to-end mobility experience for organizations and their mobile

employees.

Vialto Partners has a 50-year history helping clients manage global talent

mobility, with a relationship-driven and client-focused approach. In the new

company, nearly 6,000 immigration, tax, HR, and technology professionals will

provide clients with unmatched scale and expertise to support their most

complex mobility challenges.

Vialto Partners will be led by CEO Peter Clarke, who had served as Global

Managing Partner of PwC Global Mobility Services. Mr. Clarke brings more than

30 years of experience in the global mobility arena. He is supported by a

global leadership team, each 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-related regulatory

restrictions, and access to investment capital," said Mr. Clarke. "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."

"We believe our new organization has become the employer-of-choice for leading

mobility professionals who see the competitive advantage we have in our new

structure," added Mr. 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 organization supporting talent mobility."

Mr. Clarke observed, "Mobility in the post-COVID era is more complex than ever

and employers need integrated and specialized services to navigate

multi-territory complexities. But, despite the challenges, organizations

realize that global employee mobility remains an essential enabler of business

strategy and talent development. Global assignments and deployments are

exceeding pre-COVID levels as employers fill critical talent gaps."

"Our unique capability at Vialto Partners is to provide integrated workforce

solutions that help clients manage through the complexity of cross-border

deployments, while making it a great employee experience," said Leo Palazzuoli,

Chief Clients & Markets Officer. "Our cloud-based, mobile-first platform

ensures that employers and employees have the information they need to manage

the mobility experience seamlessly."  

"We are excited to support the launch of Vialto Partners and help realize its

full potential as an independent firm," said Stephen Shapiro, a CD&R partner.

"We believe multinational organizations are entering a new chapter in global

workforce management, and that Vialto Partners is well suited to extend its

leadership position as an innovator and become the solutions provider of choice

in this dynamic new era."

About Vialto Partners

Vialto Partners (

https://c212.net/c/link/?t=0&l=en&o=3521903-1&h=3026880488&u=https%3A%2F%2Fwww.vialto.com%2F&a=Vialto+Partners

) is a market leader providing globally integrated solutions supporting global

workforce mobility, including immigration, tax, managed services, and digital

solutions. As a trusted advisor of compliance, consulting and technology

services to multinational corporations, the firm solves complex, cross-border

workforce mobility challenges to ensure its clients and their employees have a

consistent and compliant global mobility experience.

About Clayton, Dubilier & Rice

Clayton, Dubilier & Rice is a private investment firm with a strategy

predicated on building stronger, more profitable businesses. Since inception,

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. Over

its history, roughly half of the transactions led by CD&R have been corporate

carve outs. The Firm has offices in New York and London. For more information,

please visit www.cdr-inc.com.

SOURCE Vialto Partners

CONTACT: Will Braun / Lisa Pham, Abernathy MacGregor, +1 646-770-5674 / +1

713-816-1186, whb@abmac.com / ltp@abmac.com