LatestNews
2019
Feb 19, 2019
Aritzia Announces $330 Million Secondary Offering of Subordinate Voting Shares and Concurrent Share Repurchase of $107 Million of Subordinate Voting Shares and Multiple Voting Shares from Berkshire Partners
VANCOUVER, British Columbia, Feb. 19, 2019 (GLOBE NEWSWIRE) — Aritzia Inc. (“Aritzia” or the “Company”) (TSX: ATZ), a vertically integrated, innovative design house of exclusive fashion brands, today announced that certain shareholders, including an investment vehicle managed by Berkshire Partners LLC, a Boston-based private equity firm (“Berkshire Shareholder”) and 8317640 Canada Inc., an entity indirectly controlled by Aldo Bensadoun, a … Read More
Jan 25, 2019
Berkshire Partners to Invest in Teraco Data Environments
Transaction brings new partner for further expansion January 25, 2019 – Teraco Data Environments, Africa’s leading provider of colocation data center infrastructure, today announced that Berkshire Partners LLC, a Boston-based investment firm, has entered into a definitive agreement to acquire a majority stake in the company. The Permira funds, an existing shareholder, will remain a significant investor. Based in Johannesburg … Read More
Jan 14, 2019
Berkshire Partners Announces New Director of Business Development
Boston, Massachusetts, January 14, 2019— Berkshire Partners, a Boston-based investment firm, announced today that Matthew B. Gooch has joined the firm as its Director of Business Development. “Matt is a highly talented professional with a demonstrated ability to build relationships across a variety of industries,” said Ross M. Jones, a Managing Director at Berkshire Partners. “He has a track record of … Read More
2018
Dec 11, 2018
Accela Announces Experienced Technology Leader Gary Kovacs as CEO
SAN RAMON, Calif., Dec. 11, 2018/PRNewswire/ — Accela, the leading provider of cloud-based solutions for government, announced today that Gary Kovacs has been appointed as Chief Executive Officer. Kovacs brings decades of enterprise software, cloud and mobile technology leadership and executive management experience to Accela. Gary will focus on enhancing the customer experience, accelerating SaaS transformation for both Accela and its customers, working with … Read More
Dec 10, 2018
Empire Company completes purchase of Farm Boy – Ontario’s best-in-class food retailer
STELLARTON, NS, Dec. 10, 2018 /CNW/ – Empire Company Limited (“Empire” or the “Company”) (TSX: EMP.A) announced today that it has completed its purchase of Farm Boy, one of the most exciting, fastest growing and successful food retailers in the country. All closing conditions, including receipt of a no-action letter from the Competition Bureau, have been satisfied. “We are thrilled to officially team … Read More
Nov 27, 2018
Berkshire Partners Announces New Advisory Director
Boston, Massachusetts, November 27, 2018 — Berkshire Partners, a Boston-based investment firm, announced today that Joe Delaney has joined the firm as an Advisory Director. “We’ve had the pleasure of getting to know Joe over a number of years and recognize him as an exceptionally talented executive with an impressive track record leading companies across the healthcare and consumer industries,” said Chris … Read More
Sep 6, 2018
Vapor IO Raises Series C Financing to Deploy Kinetic Edge Data Centers in Every Major US Metro Area
Over 100 edge locations planned by 2020; Vapor IO on track to be the largest provider of interconnected edge data center facilities, coast-to-coast AUSTIN, Texas– (BUSINESS WIRE)–Vapor IO, developers of the first fully-integrated hardware and software solutions for edge computing, today announced a Series C funding round led by private equity firm Berkshire Partners, with participation from current investor Crown … Read More
Jan 4, 2018
Berkshire Partners Announces New Managing Directors
Boston, Massachusetts, January 4, 2018 — Berkshire Partners, a Boston-based investment firm, announced today that Blake Gottesman and Sam Spirn were appointed Managing Directors effective January 1, 2018. They join the 22 current Managing Directors of Berkshire in managing the firm and its affiliated investment funds. The firm’s 24 Managing Directors have an average tenure of 17 years with the firm. Mr. … Read More
2017
Dec 21, 2017
Amid rapid expansion, Austin jewelry chain founder named Austin Business Journal’s CEO of the Year
Kendra Scott has designs on a legacy brand December 21, 2017 – For Kendra Scott, the Austinite whose jewelry products are finding a footing on the world stage, any thoughts of the difficulties and layoffs her company faced nearly a decade ago during the Great Recession are long gone. Indeed, the past two years alone have pushed Kendra Scott LLC into legacy brand territory. … Read More
Dec 19, 2017
Precision Medicine Group Lands Major New Investment
Berkshire Partners and TPG Growth co-lead $275 million investment as the company positions for the next phase of growth Precision Medicine Group (PMG) announced today that it has reached an agreement for a $275 million investment that positions the company for the next phase of growth. The transaction is being led by Berkshire Partners and TPG Growth and also includes … Read More
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