LatestNews
2015
Jan 5, 2015
Berkshire Partners Announces New Managing Directors
Boston, Massachusetts, January 5, 2015 — Berkshire Partners LLC, the Boston-based investment firm, announced today that Dave Bordeau, Marni Payne and Raleigh Shoemaker were appointed Managing Directors effective January 1, 2015. They join the 19 current Managing Directors of Berkshire in managing the firm and its affiliated investment funds. Berkshire’s 22 Managing Directors have an average tenure of over 16 years with … Read More
2014
Nov 17, 2014
Lightower Dramatically Expands All-Fiber Network in Mid-Atlantic with Finish of Virginia Expansion
Lightower completes 1,100+ route miles of new fiber in Virginia connecting Commonwealth with high performance networking Boxborough, Massachusetts, November 17, 2014 — Lightower Fiber Networks, the premier provider of custom, high-capacity network services that ensure optimal application and business performance, announced today the completion of a major 1,100-mile expansion of its all-fiber, high-performance network throughout Virginia and the Washington, D.C. metro … Read More
Nov 6, 2014
Access Announces Acquisition of Cintas Document Management
Livermore, California, November 6, 2014 — Rob Alston, CEO of Access, has announced the company’s acquisition of Cintas Corporation’s document storage and imaging businesses in ten U.S. markets. This transaction is the 74th for Access and represents the company’s expansion in its existing markets of Cincinnati, Chicago, Phoenix and Atlanta and the entry into new markets including Miami, Indianapolis, Columbus, Cleveland, … Read More
Oct 21, 2014
Access Information Management Announces Investment by Berkshire Partners
Boston, Massachusetts, October 21, 2014 – Berkshire Partners LLC, a Boston-based investment firm, today announced that it has acquired a majority interest in Access Information Management, the largest privately-held provider of records and information management services in North America, from Summit Partners. Terms of the transaction were not disclosed. Access offers a complete suite of storage and related document management services, … Read More
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 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
For press inquiries please contact Greg Winter, Director of Marketing and Communications gwinter@berkshirepartners.com
For general inquiries please contact Sarah Niuatoa, Marketing and Communications Specialist sniuatoa@berkshirepartners.com