LatestNews

2014

Jun 11, 2014

Urban Giants

Between 1928 and 1932, Western Union and AT&T Long Lines built two of the most advanced telecommunications buildings in the world, at 60 Hudson Street and 32 Avenue of the Americas in Lower Manhattan. Nearly a century later, they remain among the world’s finest Art Deco towers—and cornerstones of global communication. “Urban Giants” is an 9-minute filmic portrait of their … Read More

Jun 6, 2014

Coty Inc. Announces Repurchase of Shares from Berkshire Partners and Rhône Capital

New York, New York, June 6, 2014 — Coty Inc. (NYSE: COTY) today announced that, as part of an ongoing share repurchase strategy, the Company has agreed to purchase 27,892,818 shares of Class B Common Stock owned by investment funds affiliated with Berkshire Partners (Berkshire) and Rhône (Rhône), representing all the shares of Class B Common Stock they will own on … Read More

Jun 5, 2014

TransDigm Group Announces Successful Completion of Incremental Term Loan and Notes Offering; a Special Cash Dividend of $25.00 Per Share; and the Purchase of a Portion of 7.75% Senior Subordinated Notes due 2018

Cleveland, Ohio, June 5, 2014 – TransDigm Group Incorporated (“TransDigm Group”) (NYSE:TDG) announced today that on June 4, 2014, its wholly-owned subsidiary, TransDigm Inc. (the “Company”), received the funding of an additional incremental term loan of $825 million at a current interest rate of approximately 3.8% and that it has successfully completed its previously announced private offering of $2.350 billion (the “Offering”) aggregate principal amount of senior … Read More

May 23, 2014

Telx Appoints Bill Fathers to its Board of Directors

New York, New York, May 23, 2014 – Telx®, a leading provider of global interconnectivity, data center solutions and cloud enablement services, today announced the appointment of Bill Fathers to its Board of Directors, effective immediately. Fathers is currently the Senior Vice President and General Manager of the Hybrid Cloud Services Business Unit at VMware and has over 16 years of industry … Read More

May 21, 2014

Todd Morris Appointed President of Catalina U.S.

Industry Veteran Leads Effort to Drive Business for CPG Retailers & Brands by Delivering Personalization at Scale May 21, 2014 – Catalina, the personalized digital media company, today announced the appointment of Todd Morris to president of its U.S. business. In this role, Morris is responsible for all aspects of Catalina’s U.S. business, including strategy, innovation, client relationships and business growth. “Todd has … Read More

May 20, 2014

Lightower Building Dominant Presence in Mid-Atlantic with 270-Mile Network Expansion in Greater Baltimore

The Premier Metro Fiber Provider Expanding Again in Mid-Atlantic Region Latest Expansion Adds 270 Route Miles to Downtown Baltimore, Greater Baltimore and Areas Between Baltimore and Washington, D.C. Lightower Continues to Invest Aggressively Throughout the Mid-Atlantic Region, Bringing More High-Performance Fiber to Bandwidth-Hungry Organizations  Boxborough, Massachusetts, May 20, 2014 — Lightower Fiber Networks, the premier all-fiber provider of custom, high-capacity network services … Read More

May 13, 2014

Lightower Fiber Networks Establishes Point of Presence at 325 Hudson

Lightower to Deploy Diverse Fiber Entrances and 100G DWDM at Carrier-Neutral Interconnection Facility New York, New York, May 13, 2014 – 325 Hudson, the carrier-neutral core interconnection facility strategically located on the fiber-dense crossroads of Hudson Street and the Holland Tunnel in New York City, announces that Lightower Fiber Networks, the premier, all-fiber provider of custom, high-capacity network services that ensure optimal … Read More

Apr 28, 2014

Berkshire Partners Completes Sale of Skillsoft to Charterhouse

Dublin, Ireland & Nashua, New Hampshire, April 28, 2014 — SSI Luxco S.àr.l., an indirect parent company of Skillsoft Limited (“Skillsoft”), a pioneer in the field of technology-delivered learning with a long history of innovation and delivery of solutions for its customers worldwide, ranging from global enterprises, government, and education to mid-sized and small businesses, announced today that it has completed the sale of … Read More

Apr 22, 2014

A New Investor for Opening Ceremony

Women’s Wear DailyApril 22, 2014 By Jessica Iredale NEW YORK – Opening Ceremony is implementing a major growth strategy, fueled by recent investment from Berkshire Partners.  The Boston-based private equity firm has taken a minority stake in Opening Ceremony, with plans to enhance e-commerce, develop the company’s women’s and men’s ready-to-wear and accessories collections, and accelerate retail expansion through additional locations … Read More

Apr 22, 2014

Opening Ceremony Announces Plans to Accelerate Growth with Investment from Berkshire Partners

With new resources, co-founders Carol Lim and Humberto Leon will amplify Opening Ceremony’s e-commerce capabilities and fashion collection and expand its retail presence with both mono-brand and multi-brand stores. New York, New York, April 22, 2014 — Opening Ceremony, the multi-faceted fashion brand and retailer, today announced that Berkshire Partners LLC, the Boston-based investment firm, has made a minority investment in the … Read More

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