LatestNews
2015
Oct 12, 2015
Digital Realty Completes the Acquisition of Telx
Creating an open, connected global platform for powering business growth San Francisco, California, October 12, 2015 — Digital Realty Trust, Inc. (NYSE:DLR), a leading global provider of data center solutions, announced today that it has completed the previously announced acquisition of Telx, a premier provider of data center colocation, interconnection and cloud enablement solutions, from private equity firms ABRY Partners and Berkshire Partners in … Read More
Aug 13, 2015
Lightower Closes Merger with Fibertech Networks to Double its Network Reach and Strengthen its Position in U.S. Networking Market
Boxborough, Massachusetts, August 13, 2015 —Lightower Fiber Networks, the premier provider of all-fiber, high-performance networking solutions delivered over its own network, announced today the closing of its $1.9 billion merger with Fibertech Networks. The combined company elevates Lightower’s position in the telecommunications industry and further solidifies its leadership role in the U.S. fiber-networking market. The company offers best-in-class, all-fiber solutions combined … Read More
Aug 3, 2015
Berkshire Partners and New Balance Holding Complete Acquisition of The Rockport Company
Boston, Massachusetts, August 3, 2015 — Berkshire Partners LLC, a Boston-based investment firm, together with New Balance Holding, Inc., the investment arm of New Balance, today announced that they have completed the acquisition of The Rockport Company from the adidas Group. The Rockport Company is a leading designer and marketer of high-quality comfort footwear for men and women. As part of … Read More
Jul 14, 2015
Digital Realty to Acquire Telx
San Francisco, California, July 14, 2015 — Digital Realty Trust, Inc. (NYSE: DLR), a leading global provider of data center and colocation solutions, and Telx, a national provider of data center colocation, interconnection and cloud enablement solutions, announced today they have entered into a definitive agreement under which Digital Realty will acquire Telx from private equity firms ABRY Partners and Berkshire Partners … Read More
Jun 22, 2015
Portillo’s Restaurant Names New CEO
Keith Kinsey succeeds founder Dick Portillo as CEO, Mr. Portillo remains involved Oak Brook, Illinois, June 22, 2015 – Portillo’s Hot Dogs, LLC today announced it has named Keith Kinsey as its new Chief Executive Officer, effective July 1, 2015. Mr. Kinsey will become only the second Chief Executive at Portillo’s, succeeding Dick Portillo who founded the company in 1963. Mr. Portillo will continue … Read More
Jun 9, 2015
Citizens of Humanity Names New President and CEO
June 9, 2015 – Executive management changes have been announced at Citizens of Humanity. The Los Angeles-based premium denim line, founded by Jerome Dahan in 2003, has named Kathy Kweon, who most recently served as vice president and brand director at AG, as its new president. Kweon has over 12 years of experience in the premium denim sector. She replaces Amy … Read More
Jun 4, 2015
Implus Acquires Balega Socks
Durham, North Carolina, June 4, 2015 — Fresh off an infusion of funds from a Boston-based financing partner, Implus has acquired performance socks manufacturer Balega from its founder Bert Pictor. The deal marks the first since Berkshire Partners in April acquired a majority position in Durham, N.C.-based Implus from Trilantic North America, another investment firm. Balega joins a stable of 14 other performance … Read More
May 22, 2015
Dick Portillo Reflects on Sale of Eponymous Restaurant Chain
Chicago, Illinois, May 22, 2015 — Visit a Portillo’s restaurant at lunchtime and you’ll see a steady stream of customers ordering Italian Beef sandwiches, Chicago-style hot dogs, french fries and chocolate cake shakes. Recent patrons might have caught a glimpse of Dick Portillo placing his own less decadent order: a single hard boiled egg. There was a reason for his restraint. … Read More
May 13, 2015
Access Expands in Three Domestic Markets
Companies in New York, Oregon and California join the industry’s third largest provider Livermore, California, May 13, 2015 — Rob Alston, CEO of Access, has announced the company’s recent expansion in three of the company’s existing markets with the acquisition of North State Record Solutions in Chico, California, the records division of Tri-State Moving in Bohemia, New York (Long Islandmarket), and the records business of MQI, … Read More
Apr 30, 2015
Implus Announces Investment by Berkshire Partners
Durham, North Carolina and Boston, Massachusetts, April 30, 2015 — Implus Corporation, a leading provider of consumer products in the accessories marketplace, today announced that Boston-based investment firm, Berkshire Partners LLC, entered into a definitive agreement to acquire a majority position in the company, alongside management, from Trilantic North America. Terms of the transaction were not disclosed. Headquartered in Durham, North … Read More
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