LatestNews
2016
Sep 14, 2016
Steinhoff Completes Tender Offer for Outstanding Shares of Mattress Firm
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
Jun 30, 2016
Parts Town Announces Investment from Berkshire Partners
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
May 4, 2016
Berkshire Partners Announces New Advisory Directors
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
Apr 8, 2016
Crown Castle Announces Acquisition of Tower Development Corporation
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
Mar 31, 2016
Berkshire Partners Closes Berkshire Fund IX
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
Feb 24, 2016
Mattress Firm Announces Proposed Changes to Its Board of Directors
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
Jan 26, 2016
Access Now Serves All Major U.S. Markets
Houston acquisition broadens service footprint significantly Livermore, California, January 26, 2016 — Rob Alston, CEO of Access, has announced the company’s recent entrance into Houston, Texas with the acquisition of Advanced Record Storage, a company founded in 1976. Access has completed 96 acquisitions since its founding in 2004. “With extensive coverage of the market area, Advanced is recognized as Houston’s largest privately owned and … Read More
Jan 4, 2016
Berkshire Partners Announces New Managing Directors
Boston, Massachusetts, January 4, 2016 — Berkshire Partners, a Boston-based investment firm, announced today that Samantha Adams and Thomas Kuo were appointed Managing Directors effective January 1, 2016. They join the 22 current Managing Directors of Berkshire in managing the firm and its affiliated investment funds. Berkshire’s 24 Managing Directors have an average tenure of 16 years with the firm. Ms. Adams … Read More
2015
Nov 4, 2015
Access Expands in Three U.S. Markets and Adds Another
Four new acquisitions include companies in Indiana, Hawaii, Phoenix and Tennessee Livermore, California, November 4, 2015 — Rob Alston, CEO of Access, has announced the company’s recent expansion in three of its existing markets with the acquisition of Central Files, Inc. in South Bend, Indiana; IntegBusiness Services on Oahu and Maui, Hawaii; and ABCO Recycling & Document Destruction in Phoenix, Arizona. Access also … Read More
Oct 22, 2015
Berkshire Partners to Acquire Affordable Care
Boston, Massachusetts, October 22, 2015 — Berkshire Partners LLC, a Boston-based investment firm, has entered into a definitive agreement to acquire a majority interest in Affordable Care, Inc. (“ACI”), alongside management, from American Capital Equity. ACI is the leading dental support organization for affiliated dental practices that focus exclusively on tooth replacement services. Terms of the transaction were not disclosed. Headquartered … Read More
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For general inquiries please contact Sarah Etzel, Marketing and Communications Specialist setzel@berkshirepartners.com