LatestNews
2022
Jan 21, 2022
3Phase Elevator and Specialized Elevator Announce Merger
Forms the leading national independent union elevator services company Canton, Mass. and Santa Fe Springs, Calif., January 21, 2022 – 3Phase Elevator (“3Phase”), a leading independent elevator and escalator services provider in the eastern United States, and Specialized Elevator Services Holdings (“Specialized”), California’s leading independent elevator service provider, announced their merger today, creating the largest nationwide independent union elevator services … Read More
Jan 20, 2022
Berkshire Partners 2021 Year in Review
2021 marked Berkshire Partners’ 35th year investing in high-potential, growing companies. View our Year in Review to learn more.
Jan 18, 2022
The REPA Group Joins the PT Holdings Group of Companies
Acquisition will enhance the availability, delivery, and overall experience of purchasing foodservice parts ADDISON, Ill.–(January 18, 2022)–PT Holdings LLC, the parent company of Parts Town, a technology innovator and leader in foodservice equipment parts distribution, has acquired the REPA Group, a European leader in parts distribution. The acquisition will strengthen the company’s global parts distribution capabilities. Financial terms were not disclosed. … Read More
Jan 12, 2022
Tango Acquires AgilQuest: Combination Creates a Paradigm Shift in Hybrid Workplace Solutions
Deal unites the best Workplace Management and Employee Engagement solutions in the market to address the requirements of hybrid work across companies of all sizes DALLAS, Jan. 12, 2022 (GLOBE NEWSWIRE) — Tango, a leading provider of cloud-based store lifecycle management and integrated workplace management software, today announced it has acquired AgilQuest, the leader in flexible and hybrid workplace scheduling. … Read More
Jan 5, 2022
Berkshire Partners Announces Five New Managing Directors
BOSTON, January 5, 2022 – Berkshire Partners, the Boston-based investment firm, announced today that Justin Hupp, Josh Johnson, Jon Nuger, Nii Amaah Ofosu-Amaah, and Terry Thompson have been appointed Managing Directors of the firm effective January 1, 2022. They join the 25 current Managing Directors in leading the firm and its affiliated investment funds. Justin Hupp joined Berkshire Partners in … Read More
Jan 3, 2022
Berkshire Partners and Permira to Sell Majority Stake in Teraco Data Environments to Digital Realty
Both Firms to Retain Minority Ownership in Leading Provider of Carrier-Neutral Data Center Services in Sub-Saharan Africa Boston and London, January 3, 2022 – Berkshire Partners, a Boston-based global investment firm, and Permira, a growth-focused global private equity firm, today announced that they have signed a definitive agreement with Digital Realty (NYSE: DLR), a leading global provider of cloud- and … Read More
2021
Dec 9, 2021
Berkshire Partners Announces New Advisory Director, Rick Michaux
BOSTON, December 9, 2021 – Berkshire Partners announced today that Rick Michaux has joined the firm as an Advisory Director. Mr. Michaux, who is also an Operating Partner at GreenPoint Partners, will partner with the firm’s technology team to evaluate new investment ideas as well as advise current portfolio companies. “We are thrilled to welcome Rick to the team and … Read More
Dec 6, 2021
Tango Announces Growth Investment From Berkshire Partners
DALLAS and BOSTON, Dec. 6, 2021 — Tango, a leading provider of cloud-based store lifecycle management and integrated workplace management software, today announced it has secured an equity investment from Berkshire Partners. The funding will help extend Tango’s leadership position in the market and accelerate both U.S. and international growth. Tango’s Founder, President, and Chief Executive Officer Pranav Tyagi, the … Read More
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
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