Berkshire Partners
200 Clarendon Street 35TH FlBoston, MA 02116-5040
Website: berkshirepartners.com
Firm Size
- Assets Under Management (AUM):$23.3 Billion
- Number of Funds:23
- Employees:166
- Firm Type:Private Equity
- Focus Areas:
Services
Healthcare
Consumer
Description
Berkshire Partners LLC is a private equity firm based in Boston, Massachusetts. Founded in 1984, the company specializes in investing in middle-market companies across various industries. With a strong focus on partnering with management teams to drive growth and enhance operational efficiency, Berkshire Partners has built a reputation for its long-term approach to investing. The firm predominantly invests in companies based in North America, although it has made select global investments as well. Berkshire Partners seeks opportunities in industries such as consumer products and retail, business services, industrials, communications, and healthcare. The company typically invests between $50 million and $500 million in each transaction, targeting companies with revenues ranging from $100 million to $2 billion. Berkshire Partners has a team of experienced professionals with expertise in a variety of areas, including finance, operations, and strategy. The firm utilizes their collective knowledge to identify companies with strong growth potential and collaborate closely with management to support their strategic initiatives. In terms of its investment strategy, Berkshire Partners aims to provide capital for growth, acquisitions, and recapitalizations while promoting sustainable business practices. The firm emphasizes building long-term value and prioritizes the interests of its investors, portfolio companies, and employees. Over its history, Berkshire Partners has invested in numerous successful companies, including Party City, Carter's, CrossFit, and Amscan, among others. As of now, the firm manages approximately $18 billion in capital and continues to actively seek new investment opportunities that align with its investment objectives and expertise.Latest News
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Oct 18, 2023: Gardenuity Raises $5.5 Million In Milestone Seed Round
Oct 16, 2023: Hyde Park Capital Advises Sunniland Corporation On Its Sale To SRS Distribution Inc.
Hyde Park Capital announced that its client, Sunniland Corporation ("Sunniland") , a distributor of residential & commercial roofing products and related accessories and supplier of professional grade fertilizers, has been acquired by SRS Distribution Inc. ("SRS") , one of the largest and fastest-growing building product distributors in the United States based in McKinney, Texas . SRS is a portfolio company of Leonard Green & Partners, L.P. and Berkshire Partners LLC. Hyde Park Capital served as the exclusive investment banker to Sunniland for this transaction. Shutts & Bowen served as legal counsel to Sunniland.
Sep 06, 2023: Accela Advances Momentum with New Strategic Investment from Francisco Partners
Accela , the trusted provider of cloud solutions at the heart of government, today announced a strategic growth investment from Francisco Partners , a leading global investment firm that specializes in partnering with technology businesses. Berkshire Partners will remain a significant investor with an equal equity holding in Accela. Financial terms of the transaction were not disclosed.