In brief: CD&R adds operating partner with sustainability creds

Clayton Dubilier & Rice, a private equity firm known for its operationally-driven approach, has added an executive with sustainability credentials to its advisory network. Michael Lamach was previously the executive chair and CEO of Trane Technologies, formerly known as Ingersoll Rand.

Lamach led Ingersoll Rand through the divestiture of part of its business (which merged with KKR’s Gardner Denver) and transformed the remaining business into “a purpose-driven global leader in climate control and climate-focused innovations for buildings, homes, and transportation”, according to CD&R’s announcement.