LatestNews

DALLAS, TX–(Marketwired – Dec 21, 2016) – Masergy Communications, Inc. (“Masergy”), a global provider of hybrid networking, managed security and cloud communications, announced today that it has completed its transaction with Berkshire Partners LLC (“Berkshire Partners”) for the purchase of the existing Masergy equity for an undisclosed price.  “This transaction marks the next chapter in our company’s growth strategy,” said … Read More

Austin, Texas – December 21, 2016 – Kendra Scott Design, Inc. (the “Company”), a leading fashion accessories brand led by founder Kendra Scott, announced today that it has entered into a partnership agreement with Berkshire Partners, a Boston-based investment firm. Kendra Scott will continue as majority shareholder and CEO.  The Company’s senior leaders will remain in their current positions, focused … Read More

DURHAM, N.C. and BOSTON, Nov. 15, 2016 /PRNewswire/ — Implus, the market-leading provider of athletic, fitness and outdoor accessories, and Berkshire Partners, a Boston-based private equity firm, have named Sally McCoy and Chris L. Shimojima to the Implus board of directors. “Sally and Chris have the type of deep category and industry expertise that will allow us to continue to grow our brand portfolio … Read More

Boston, Massachusetts – October 24, 2016 — Berkshire Partners LLC, a Boston-based investment firm, has entered into a definitive agreement to acquire a majority interest in Masergy Communications, Inc.  (“Masergy”).  Masergy is a leading global service provider offering innovative hybrid networking, managed security and cloud communications solutions to medium and large enterprise customers.  Headquartered in Plano, Texas, Masergy is the largest … Read More

HOUSTON–(BUSINESS WIRE)–September 14, 2016–Mattress Firm Holding Corp. (“Mattress Firm” or the “Company”), the nation’s largest mattress retailer, today announced the successful consummation of the previously announced $64.00 per share cash tender offer by Steinhoff International Holdings N.V. (“Steinhoff”) (FRANKFURT:SNH) for all of the outstanding shares of common stock of Mattress Firm (NASDAQ:MFRM).  The tender offer, which was made pursuant to … Read More

Boston, Massachusetts and Addison, Illinois — June 30, 2016 —  Parts Town, a leading parts distributor in the foodservice equipment market, announced today that Boston-based investment firm Berkshire Partners LLC led a majority recapitalization of the company. Summit Partners, an existing shareholder, will remain a significant investor in the company. Terms of the transaction were not disclosed.  “Parts Town possesses a customer-centric and innovative culture, which … Read More

Boston, Massachusetts, May 4, 2016 – Berkshire Partners LLC, a Boston-based investment firm, announced today that Michael J. Grebe, Jeffrey W. Henderson and Lawrence D. Kingsley have joined the firm as Advisory Directors. All three will work with Berkshire to source new investment ideas and serve as operating advisors to portfolio companies. Ross Jones, a Managing Director at Berkshire, commented, “We … Read More

April 8, 2016 – Houston, Texas – Crown Castle International Corp. (NYSE: CCI) (“Crown Castle”) announced today that it acquired Tower Development Corporation (“TDC”) for approximately $461 million in cash on April 8, 2016. TDC, a portfolio company of Berkshire Partners, owns and operates 336 towers in the U.S. and Puerto Rico with an average tenancy of approximately two tenantsper tower. The … Read More

Boston, Massachusetts, March 31, 2016 — Berkshire Partners LLC, a Boston-based investment firm, today announced the closing of the firm’s ninth private equity investment fund, Berkshire Fund IX, with total equity commitments of $5.5 billion. Fund IX’s capital was subscribed primarily by institutional investors in previous Berkshire funds.  Investors include many of the world’s largest endowments, foundations, pension funds and financial … Read More

Chris Hadley and Anil Seetharam Nominated to Join Board  Houston, Texas, February 24, 2016 – Mattress Firm Holding Corp. (the “Company”) (NASDAQ:MFRM), the nation’s largest specialty mattress retailer, today announced that Chris Hadley and Anil Seetharam have been nominated for election to the Company’s Board of Directors at the Company’s 2016 annual meeting of stockholders, which is expected to be held on June 1, … Read More