LatestNews

2021

Nov 4, 2021

National Carwash Solutions Completes Acquisition of Zep Vehicle Care

GRIMES, Iowa, November 4, 2021 – National Carwash Solutions (“NCS”), the world’s premier provider of end-to-end car wash systems, services, and solutions, announced today that it has completed its previously disclosed acquisition of Zep Vehicle Care (“ZVC”) from Zep, Inc. Terms of the transaction were not disclosed. ZVC’s commercial car wash chemical offerings, marketed under well-known brands, including Armor All … Read More

Nov 3, 2021

Parts Town Fuels Growth Through Recapitalization

Leonard Green & Partners, L.P. joins Berkshire Partners as investors in the company ADDISON, ILL. — November 3, 2021 — Parts Town, the technology innovator and market-leading distributor of OEM foodservice equipment parts, announced today that Los Angeles- based growth investment firm Leonard Green & Partners, L.P. (“Leonard Green”) has made a significant investment in the company. Existing investor Berkshire … Read More

Nov 3, 2021

Harvey Performance Company Announces Investment from Berkshire Partners

ROWLEY, Mass., November 3, 2021 – Harvey Performance Company (“Harvey” or the “Company”), a leading designer and manufacturer of specialized cutting tools for precision machining applications, today announced that it has secured a majority investment from Boston-based Berkshire Partners (“Berkshire”). Berkshire partnered with Harvey’s CEO Pete Jenkins and the Harvey management team to acquire the Company from Summit Partners, which invested … Read More

Nov 2, 2021

UPSTACK Secures $100M from MidCap Financial and Morgan Stanley Private Credit

Deal Affirms Cloud and Internet Infrastructure Platform’s Continued Accelerated Growth and Development NEW YORK – November 2, 2021 – UPSTACK, a profitable, fast-growing platform that transforms the architecture and sourcing experience for businesses seeking cloud and internet infrastructure solutions, announced today it has secured $100 million in financing from MidCap Financial and Morgan Stanley Private Credit. MidCap Financial is the … Read More

Oct 12, 2021

Comcast Business Closes Masergy Acquisition

PHILADELPHIA – (Business Wire) October 8, 2021 – Comcast Business today announced it has completed its acquisition of Masergy – a Plano, Texas-based pioneer in software-defined networking (SDN) and cloud platforms for global enterprises. The acquisition accelerates Comcast Business’s growth serving large and mid-size companies, particularly U.S.-based organizations with multi-site global operations and bolsters its overall channel distribution strategy. “We’re very … Read More

Sep 27, 2021

National Carwash Solutions to Acquire Zep Vehicle Care

GRIMES, Iowa, September 27, 2021 – National Carwash Solutions (“NCS”), the world’s premier provider of end-to-end car wash systems, services, and solutions, announced today that it has signed a definitive agreement to acquire Zep Vehicle Care (“ZVC”) from Zep, Inc. ZVC’s offerings will enhance NCS’ chemicals brands, helping advance its mission to provide customers industry-leading complete car wash solutions and … Read More

Sep 24, 2021

Berkshire Partners Announces New Advisory Director, Kristin Johnsen

BOSTON, September 24, 2021 – Berkshire Partners announced today that Kristin Johnsen has joined the firm as an Advisory Director. Ms. Johnsen, a longtime technology executive, will partner with the firm’s technology team to evaluate new investment ideas and partner with portfolio companies on growth initiatives. “We are thrilled to welcome Kristin to the team and look forward to deepening … Read More

Sep 14, 2021

Comlinkdata acquires Opensignal, further extending its leadership in Customer Analytics for the global communications industry

Combined business will serve over 140 clients in more than 60 countries BOSTON, September 14, 2021 – Comlinkdata, the leader in Customer Analytics for the communications industry, today announced it has signed a definitive agreement to acquire Opensignal, a trusted global standard in mobile network experience analysis.  The transaction creates a global powerhouse with broad solutions spanning from network to … Read More

Sep 13, 2021

Fast Growing Trees Announces Investment from Berkshire Partners

CHARLOTTE, N.C., September 13, 2021 – Fast Growing Trees, the leading direct-to-consumer e-commerce retailer of trees and plants, today announced that it has entered into a recapitalization transaction with Boston-based Berkshire Partners. Cove Hill Partners will also participate in the transaction as a minority investor. Terms of the transaction were not disclosed. Fast Growing Trees offers the largest selection of live … Read More

Sep 9, 2021

IVC Evidensia Welcomes VetStrategy To The Group

September 9, 2021  |  London, United Kingdom and Woodbridge, Canada IVC Evidensia, Europe’s leading veterinary care provider, announced its plan to merge with VetStrategy, the leading Canadian veterinary care provider. The combined businesses will be one of the largest veterinary care groups in the world, with almost 30,000 employees and 2,000 clinics and hospitals across 17 countries. The union will … Read More

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