LatestNews
2014
Oct 7, 2014
Hellman & Friedman Completes Grocery Outlet Acquisition
Emeryville, California, October 7, 2014 — Grocery Outlet, Inc. (www.groceryoutlet.com), the largest “extreme-value” grocer in the U.S., today announced the successful completion of its acquisition by affiliates of Hellman & Friedman LLC and the Grocery Outlet senior management team from Berkshire Partners LLC. Grocery Outlet offers branded grocery products at significant discounts through a unique sourcing model of purchasing discounted surplus … Read More
Sep 16, 2014
Berkshire Completes Sale of Grocery Outlet
Emeryville, California, September 16, 2014 — Grocery Outlet, Inc. (www.groceryoutlet.com), the largest “extreme-value” grocer in the U.S., today announced that it has entered into a definitive agreement to be acquired by affiliates of Hellman & Friedman LLC along with Grocery Outlet’s senior management team from its principal owner, Berkshire Partners LLC. The terms of the transaction were not disclosed. Grocery Outlet … Read More
Sep 5, 2014
Catalina Acquires Cellfire, Becomes Leader in CPG Load-to-Card Digital Couponing
Omnichannel offering helps CPG retailers and brands meet changing digital needs of consumers September 5, 2014 – Catalina, the personalized digital media company, today announced that it has entered into a definitive agreement to acquire Cellfire, the leading provider of load-to-card (L2C) digital coupons in the consumer packaged goods (CPG) market. In response to shopper demand for digital and mobile coupons, … Read More
Jul 1, 2014
Portillo’s Restaurant Group Announces Investment from Berkshire Partners
Chicago, Illinois, July 1, 2014 – The Portillo Restaurant Group Inc. (“Portillo’s”), the iconic Chicago restaurant chain, announced today it has entered into a definitive agreement under which Berkshire Partners, a private equity firm, will invest in Portillo’s, which includes Portillo’s Hot Dogs, Inc. and Barnelli’s Pasta Bowl. Terms of the transaction were not disclosed. Berkshire Partners will work closely with Dick … Read More
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
For press inquiries please contact Greg Winter, Director of Marketing and Communications gwinter@berkshirepartners.com
For general inquiries please contact Sarah Etzel, Marketing and Communications Specialist setzel@berkshirepartners.com