logo
episode-header-image
Dec 2022
59m 55s

CD&R, Ravi Sachdev and Ron Williams – Sc...

Ted Seides – Allocator and Asset Management Expert
About this episode

Ravi Sachdev is a Partner and Ron Williams is an Operating Advisor at Clayton Dubilier & Rice, a global private equity firm with $57 billion in assets under management that was founded in 1978. agilon health is a company CD&R created from the purchase of two businesses in 2016 and grew using aspects of buyout, venture capital, and growth equity investment strategies. The business assists primary care physicians transition from a traditional “fee for service” model to an outcomes “value-based” model, where incentives are aligned across patients, payers, and providers.


Our conversation covers the founding of agilon, its economics, and CD&R’s entry in the business. We turn to agilon’s start as a novel business concept alongside established traditional capabilities, driving operational change, expanding the model, and preparing the company to go public. We close by discussing the potential to leverage this model across other opportunities in the space.


Learn More 

Follow Ted on Twitter at @tseides or LinkedIn 

Subscribe to the mailing list 

Access Transcript with Premium Membership 

Up next
Jan 2025
Striking Oil – CrownRock by Lime Rock Capital (S3.EP.11)
When you think of the greatest private equity deals of all time, names like Google, Facebook, Uber, Dell, and Hilton come to mind. After a recent episode of Private Equity Deals, you might also think about 3G’s acquisition of Burger King. But I’d bet you wouldn’t think about an o ... Show More
1h 6m
Dec 2024
Asset Management Consolidation - Simon Krinsky, Hall Capital and Tim McCusker, NEPC (S3.EP.10)
Consolidation in asset management is one of the industry's most important trends. When any industry enters a mature phase, consolidation brings the benefits of economies of scale, product depth, and broader services to meet client demands. We’ve seen a rising tide of merger activ ... Show More
1h 2m
May 2024
Classic Deal - Burger King by 3G Capital (S3.EP.09)
3G Capital’s buyout of Burger King may be the most successful private equity deal you’ve never heard about. Over the last fourteen years, or the length of a typical private equity fund, 3G turned a $1 billion investment into $28 billion in value. The annual dividends from the inv ... Show More
1h 11m
Recommended Episodes
Oct 2023
Partnering with an Operator to Buy a Business
<p>Landon Mance bought a $1.7m tree business alongside a minority partner who's operated the business full-time from Day 1. </p><p>Topics in Landon’s interview:</p><ul><li>Crossing paths with a financial criminal</li><li>Buying a tree service business with his friend as operator< ... Show More
1h 39m
Sep 2024
Private Equity Spotlight: Susan Soh on Building with Data and Innovation
<p class="mb-2 last:mb-0">In this episode of Private Equity Spotlight, Sean Mooney, founder and CEO of BluWave, engages in a dynamic conversation with Susan Soh, Chief of Capital Formation and Investor Relations at GrowthCurve Capital. Susan shares her unique journey from law to ... Show More
44m 43s
Oct 2024
Rolls-Royce CEO Tufan Erginbilgic: Transforming an Iconic Brand, Pioneering Energy Transition, and Leading Strategic Initiatives
<p>In this episode, Nicolai Tangen is joined by Tufan Erginbilgic, the CEO of Rolls-Royce, to discuss the transformation journey of this iconic company. With over 20 years at BP, where he led the downstream business to double underlying earnings and triple returns, Tufan brings a ... Show More
43m 2s
Jun 2025
Elements of Value in Private Equity (Part 4): How PE Leaders Evaluate Businesses
In this episode of Karma School of Business, Sean Mooney continues the Elements of Value series, exploring what private equity professionals focus on when evaluating businesses that have the potential to thrive. You'll hear from: 0:49 - Vinay Kashyap of MainSail Partners on ident ... Show More
26m 16s
Feb 2025
The Future of Private Equity: Innovation, Transformation, and Leadership
<div class="py-2" data-sentry-component="Paragraph" data-sentry-source-file="paragraph.tsx">In this special episode, Sean Mooney examines how private equity is evolving to meet the challenges of today and tomorrow. From proactive due diligence to transformative value creation, mo ... Show More
20m 23s
Sep 2024
Private Equity Spotlight: The Evolution of Business Development with Jay Jester
<p class="mb-2 last:mb-0">In this episode of Private Equity Spotlight, Sean Mooney, founder and CEO of BluWave, engages Jay Jester, Partner at Plexus Capital, in a revealing conversation. Jay recounts his path from early family business experiences to establishing the business de ... Show More
57m 4s
Oct 2020
Building a “people” business with Dr. Bahaa Alieldean, of the Alieldean Weshahi & Partners law firm
If your business sells time — yours or your team’s or both — then this week’s episode is for you.  Lawyering is perhaps the world’s second-oldest profession — and the source of endless jokes, the vast majority of them (pleasantly?) tasteless.  Today’s episode features a lawyer — ... Show More
43m 15s
Jul 2024
White Collar Roll-Up from $700k to $12m
<p>Jordan Evans left tech &amp; bought a tiny, decades-old language services business. 6 years later, revenue is 17x larger.</p><p>Topics in Jordan’s interview:</p><ul><li>Acquiring his parents’ language services business</li><li>Spending 2 years preparing the deal</li><li>Overpa ... Show More
1h 46m
Jul 2025
You’ve Been Served: Buying a $1.3m Process-Serving Company
Register for the webinar:Working Capital for SMB Acquisitions - TODAY - https://bit.ly/4kQcGGjAt a low point in life, Raj Kankaria was served papers. But he liked the business and bought a process-serving company. Topics in Raj’s interview:From investment banking to process serve ... Show More
1h 17m
May 2024
Private Equity Spotlight: Building Future Leaders with Bob Belke
<p class="mb-2 last:mb-0">In this episode of the "Karma School of Business Podcast," host Sean Mooney engages in a captivating discussion with Bob Belke, Managing Partner at Lovell Minnick Partners. From a small town in Northern Wisconsin to the forefront of the private equity in ... Show More
40m 9s