LatestNews
2012
Sep 3, 2012
Berkshire Partners: Invested in the Long-Term
Please see the article published by The Deal, which has been provided in a PDF format for your convenience. Please refer to the Terms of Use for information regarding articles or information provided by third parties. View PDF
Aug 8, 2012
Warranty Leader to Create 1,800 Home-based Jobs for Veterans, Military Families
N.E.W. Customer Service Companies launches jobs program in military-based locations to support customer care operations Sterling, Virginia, August 8, 2012 — N.E.W. Customer Service Companies (NEW), the nation’s leading provider of extended service plans, announced today that it has launched a nationwide initiative to create 1,800 home-based customer care positions in military bases across the country over the next 12 months. … Read More
Jul 26, 2012
Michele Scannavini to Succeed Bernd Beetz as Coty CEO
July 26, 2012 — As revealed yesterday on The Moodie Report Twitter feed, Coty CEO Bernd Beetz has announced his retirement. He will be succeeded by Coty Prestige President Michele Scannavini, effective 1 August. Beetz will remain on the Coty board as a non-executive director. “I am delighted that Michele Scannavini has agreed to succeed Bernd at this important moment in … Read More
Jul 16, 2012
Learning Express Recognizes Toy Vendors at Annual Convention
Devens, Massachusetts, July 16, 2012 — At this year’s Learning Express Convention, the toy franchise awarded a selection of vendors with awards for excellence. The awards included those for Best Partner, Best Product Innovation, Toy of the Year, and the Vendor of the Year. “We are lucky enough to work closely with some of the very best toy vendors in the world,” … Read More
Jul 4, 2012
Husky Further Invests in China to Meet Needs of Growing Customer Base
Bolton, Ontario, July 4, 2012 — Husky Injection Molding Systems today announced additional investments to support its continued growth in China with plans to establish a new manufacturing facility in the region of Suzhou. Ongoing investments will enable Husky to improve local support, reduce lead times and more responsively react to the needs of its rapidly growing customer base in the region. … Read More
Jun 5, 2012
Berkshire Divests its Stake in Party City
Boston, Massachusetts and Rockaway, New Jersey, June 5, 2012 — Thomas H. Lee Partners, L.P. (“THL”), a leading private equity firm, announced today that it has signed a definitive agreement under which THL will acquire a majority stake in Party City Holdings Inc. (“Party City”), America’s premier party supplies retailer, in a recapitalization transaction valued at $2.69 billion. Advent International Corp. (“Advent”), … Read More
May 12, 2012
Optimizing Financial Performance of Aboveground Storage Tanks
Please see the article published by Port Technology International, which has been provided in a PDF format for your convenience. Please refer to the Terms of Use for information regarding articles or information provided by third parties. View PDF
Mar 2, 2012
Private Equity Feeds Growth Plans for Amelia’s Grocery Outlet
March 2, 2012 — Local executives at Amelia’s Grocery Outlet expect accelerated growth in its increasingly popular business model thanks to new ownership and the backing of a private equity fund. Boston-based Berkshire Partners announced in 2009 it would invest in California-based Grocery Outlet Inc., which then acquired Lancaster County-based Amelia’s Inc. at the end of last year, Amelia’s President and … Read More
Feb 15, 2012
TransDigm Completes Acquisition of AmSafe Global Holdings, Inc.
Cleveland, Ohio, February 15, 2012 — TransDigm Group Incorporated (NYSE:TDG), a leading global designer, producer and supplier of highly engineered aircraft components, today announced that it has completed the acquisition of AmSafe Global Holdings, Inc. (“AmSafe”), for a total purchase price on a cash free, debt free basis of approximately $750 million in cash from a group controlled by Berkshire Partners … Read More
Jan 23, 2012
Telx Develops Advanced Data Center Campus in Clifton, NJ
Two Major Milestones Reached in the Development of an Advanced Data Center Campus Serving the NYC Metro Area New York, New York, January 23, 2012 — Telx®, a leading provider of global interconnectivity, cloud enablement services and datacenter solutions, today announced two major milestones as “complete” in its development of an advanced datacenter campus. Telx has completed its purchase of 100 Delawanna … 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