Berkshire Partners

Implus Corporation Announces Leadership Transition | PR Newswire | 2/10/2020

… our relationship with them as significant shareholders and friends of the business. As the company moves into its next phase of growth and scale, we are pleased that Mike Polk , who is also a Berkshire Partners Advisory Director, is joining the company as Interim CEO and Director. Mike brings a wealth of experience in the consumer products sector, and we are excited to have him join the company.” Prior to …

Blue Ridge Partners Announces New Roles and Responsibilities | PRWeb | 12/30/2019

Blue Ridge Partners Announces New Roles and Responsibilities Share Article Expanded Client Management Team Supports Continued Growth MCLEAN, Va. Blue Ridge Partners, a management consulting firm exclusively focused on helping companies accelerate profitable revenue growth, is pleased to announce three new Managing Directors: Brad Turner, joined Blue Ridge Partners in Boston Derek Mills, promoted effective January 1, 2020 to Managing Director in New York Chris Sorrow, promoted effective January 1 …

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IDEXX Laboratories Announces Leadership Changes | PR Newswire | 10/24/2019

… Kingsley Mr. Kingsley served as Chairman of Pall Corporation from 2013 to 2015 and as Chief Executive Officer of Pall Corporation from 2011 to 2015, and he has served as an Advisory Director to Berkshire Partners LLC, a Boston -based investment firm, since spring of 2016. Prior to that, Mr. Kingsley was the Chief Executive Officer and a member of the Board of Directors of IDEX Corporation, a company specializing …

How and Where Chris and Keena Clifford Focus Their Giving in Massachusetts | 10/5/2019

Alyssa Ochs education and children have been among the funding interests of Chris and Keena Clifford. PHOto: MB Images/shutterstock Berkshire Partners is a familiar name among companies looking to make investments, but it’s also good to know in the world of philanthropy. Several high-profile professionals have found success with Berkshire Partners and launched their own private funding vehicles, including Carl Ferenbach , who started the High Meadows Foundation with …

Berkshire Partners Announces New Advisory Directors | Malvern Daily Record | 9/19/2019

Berkshire Partners LLC, a Boston-based investment firm, announced today that Chuck Ball and Carol Vallone have joined the firm as Advisory Directors. Both Chuck and Carol will work with Berkshire to source new investment ideas and serve as advisors to portfolio companies. “Chuck and Carol are proven executives with deep experience in developing and implementing strategy to drive long-term growth at companies across the healthcare, education and e …

Berkshire Partners Announces New Advisory Directors | Business & Finance | heraldchronicle.com | Business Wire | 9/19/2019

… Directors are independent advisors that provide consulting services to Berkshire or its portfolio companies at varying levels of engagement. Please see Berkshire’s Form ADV Part 2A filed with the SEC for additional details. About Berkshire Partners Berkshire Partners, a Boston-based investment firm, has raised nine private equity funds with more than $16 billion in aggregate capital and has made over 125 investments in primarily middle market companies since its …

GovTech Giant Accela Gets Into Cannabis With Cloud-Based, Net Native Microsoft Azure-Compliant Software | Forbes | 7/10/2019

… cyber attacks, these systems also come with increased chances of making errors, which ultimately create liabilities for businesses and government agencies. Seeking to address this issue, government software behemoth, Accela, which was acquired by Berkshire Partners in 2017, in a transaction touted as “ the biggest gov tech deal ever ,” has partnered up with Los Angeles-based tech startup Kind Financial to launch a cloud-based seed-to-sale solution for …

Consolidated Precision Products Corp. Announces Recapitalization with Berkshire Partners and Warburg Pincus | PR Newswire | 6/14/2019

… and strategic acquisitions, including the recently announced purchase of ATI’s Cast Products business. “We are excited to continue expanding our suite of complex castings offerings and delivering best-in-class service in collaboration with Berkshire Partners and Warburg Pincus,” said James Stewart , Chief Executive Officer of CPP. “Our new relationship with Berkshire Partners and ongoing partnership with Warburg Pincus will enable us to further build upon the success we have …

Berkshire Partners and Warburg Pincus to recap CPP | PE Hub | 6/14/2019

… and strategic acquisitions, including the recently announced purchase of ATI’s Cast Products business. “We are excited to continue expanding our suite of complex castings offerings and delivering best-in-class service in collaboration with Berkshire Partners and Warburg Pincus,” said James Stewart, Chief Executive Officer of CPP. “Our new relationship with Berkshire Partners and ongoing partnership with Warburg Pincus will enable us to further build upon the success we have …

Berkshire Joins Warburg at CPP | 6/14/2019

… Martin. CPP operates 16 global facilities and is headquartered in Cleveland, OH ( www.cppcorp.com ). “We are excited to continue expanding our suite of complex castings offerings and delivering best-in-class service in collaboration with Berkshire Partners and Warburg Pincus,” said James Stewart , chief executive officer of CPP. “Our new relationship with Berkshire Partners and ongoing partnership with Warburg Pincus will enable us to further build upon the success we have …

The coming boom — Edgemont’s Jeff Swearingen on private equity’s impending impact in orthopedics | EHR Intelligence | 5/23/2019

… liquidity on their investment. They also had a successful investment in the anesthesia space through U.S. Anesthesia Partners. They built that business up to over 1,000 anesthesia providers and sold a significant stake to Berkshire Partners in a recapitalization. So that’s what we think a potential outcome could be. We’re seeing several groups with private equity backers pursuing secondary transactions. Q: What sort of activity is happening in orthopedics? JS …

Quadrant $1.5b-plus gyms sale pumping; L Catterton spots US partner | 5/12/2019

May 12, 2019 — 9.35pm Share The owner of Australia’s RM Williams and Seafolly is mulling a bid for Quadrant Private Equity’s $200 million-a-year gyms business, Fitness and Lifestyle Group. Street Talk can reveal L Catterton - a private equity firm that specialises in consumer brands - is running the numbers on Quadrant’s gyms in partnership with Boston-based private investment firm Berkshire Partners. The consortium is said to be inside …

Aritzia’s (ATZAF) CEO Brian Hill on Q4 2019 Results - Earnings Call Transcript | Seeking Alpha | 5/11/2019

… acknowledge the completion of our secondary offering and concurrent repurchase of Berkshire Partners’ remaining shares in March of this year. This transaction marks a significant milestone, after a very successful 14-year relationship between Berkshire Partners and Aritzia. I would like to thank Berkshire for their partnership and collaboration over the years. The transaction represented a compelling opportunity for us to deploy our excess capital and increase shareholder value, while …

Berkshire Partners Announces New Managing Directors | Business Wire | 1/5/2018

BOSTON- 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. Gottesman originally joined Berkshire in 2007 as a Summer Associate and returned …

Precision Medicine Group Lands Major New Investment | Business Wire | 12/20/2017

BETHESDA, Md.- 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 significant participation from Precision’s co-founders and management team as well as original investors Oak Investment Partners and J.H. Whitney. This is Berkshire Partners’ first investment in …

Tempe’s Hayden Flour Mill project gets new backer | The Business Journals | 12/20/2017

… Aparium Hotel Group , Baum Revision and BlueRoad Ventures, all of which are based out of Chicago. New to the team is Dick Portillo, founder of the Portillo’s restaurant chain. Portillo sold the chain to Berkshire Partners for nearly $1 billion in 2014, but he still owns a substantial amount of the Portillo’s restaurant properties. “Dick Portillo is our new financial backer and he has the backbone to carry this project …

Platinum Equity to Acquire Husky Injection Molding Systems | 12/18/2017

December 18, 2017 12:00pm Comments Share: LOS ANGELES, Dec. 18, 2017 (GLOBE NEWSWIRE) – Platinum Equity announced today that it has signed a definitive agreement to acquire Husky Injection Molding Systems from Berkshire Partners and OMERS Private Equity for $3.85 billion. The transaction is subject to regulatory approval and is expected to close in the second quarter of 2018. “This is another marquee investment that demonstrates how Platinum’s differentiated approach continues …

Brown Gibbons Lang & Company: M&A Accelerates in B2B Distribution | PR Newswire | 12/15/2017

… Private equity sponsors are actively building value-added distribution platforms demonstrating broad interest across industrial markets. Building Products has seen a high level of acquisition activity, with The Sterling Group (Construction Supply Holdings) and Berkshire Partners (SRS Distribution) among the active consolidators. Fasteners has seen robust platform and add-on activity, notably new growth platform Endries International, acquired by Nautic Partners from Ferguson Enterprises this May, and tuck-in activity …

U.S. shoemaker Rockport explores options including sale -sources | Reuters | 12/14/2017

… advising Rockport on its review, according to the sources. Alternative asset manager Crescent Capital Group LP, a major creditor of Rockport, took ownership of the footwear seller in recent weeks from private equity firm Berkshire Partners LLC and injected new capital into the company with other co-investors, the sources said. Crescent made the equity investment in part to protect the money it has loaned Rockport, the people said, and …

Andean Tower Partners Announces the Acquisition of Torres Unidas | PR Newswire | 12/14/2017

Andean Tower Partners Announces the Acquisition of Torres Unidas – Acquisition creates the Largest Independent Tower Company in the Andean Region– Combined portfolio offers 34,150 wireless locations in Chile, Colombia and Peru– Daniel Seiner named CEO of Andean Tower Partners News provided by 08:35 ET Share this article BOCA RATON, Fla. , Dec. 14, Andean Tower Partners (“ATP”), an owner and operator of wireless communication infrastructure in the Andean Region, today announced …

Precision Medicine

Precision Medicine Group Lands Major New Investment | Business Wire | 12/20/2017

BETHESDA, Md.- 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 significant participation from Precision’s co-founders and management team as well as original investors Oak Investment Partners and J.H. Whitney. This is Berkshire Partners’ first investment in …

ACO

Factory Tour: An Inside Look at How Denim Gets Made | Yahoo News | 12/19/2017

… Earlier this year, the company’s executive team took ownership of the brand, buying it from Boston-based private equity company Berkshire partners, and founder Jerome Dahan (who recently launched a new line ), and named Karen … I found and learned. View photos The sewing facility. Photo: Jacob Boll/Fashionista More First, we toured OHeck, the company’s 52,000 square-foot sewing facility, adjacent to its offices, where up to 4,000 garments pass …

Brown Gibbons Lang & Company: M&A Accelerates in B2B Distribution | PR Newswire | 12/15/2017

… Beacon Roofing Supply), the Waterworks Business of HD Supply ( Clayton Dubilier & Rice), and Praxair (Linde), setting the stage for continued consolidation in a fragmented market. Private equity sponsors are actively building value-added distribution platforms demonstrating broad interest across industrial markets. Building Products has seen a high level of acquisition activity, with The Sterling Group (Construction Supply Holdings) and Berkshire Partners (SRS Distribution) among the active consolidators. Fasteners has seen …

Warburg Pincus

Consolidated Precision Products Corp. Announces Recapitalization with Berkshire Partners and Warburg Pincus | PR Newswire | 6/14/2019

CLEVELAND , June 14, Consolidated Precision Products Corp. (“CPP”), a leading manufacturer of highly engineered components and sub-assemblies primarily for the commercial aerospace, defense and industrial gas turbine markets, today announced that it has entered into a recapitalization transaction with Berkshire Partners, a Boston -based investment firm, and Warburg Pincus, the company’s current financial partner. Terms of the transaction were not disclosed. As a leading global manufacturer of complex cast …

Berkshire Partners and Warburg Pincus to recap CPP | PE Hub | 6/14/2019

Berkshire Partners and Warburg Pincus to recap CPP June 14, 2019 Berkshire Partners and Warburg Pincus have agreed to recapitalize Cleveland-based Consolidated Precision Products Corp, a maker of complex cast products. No financial terms were disclosed. Morgan Stanley & Co. LLC and Lazard provided financial advice to CPP on the transaction. PRESS RELEASE CLEVELAND, June 14, 2019 /PRNewswire/ — Consolidated Precision Products Corp. (“CPP”), a leading manufacturer of highly engineered components …

Morgan Stanley

Consolidated Precision Products Corp. Announces Recapitalization with Berkshire Partners and Warburg Pincus | PR Newswire | 6/14/2019

… the commercial aerospace, defense and industrial gas turbine markets, today announced that it has entered into a recapitalization transaction with Berkshire Partners, a Boston -based investment firm, and Warburg Pincus, the company’s current financial partner … to deliver high-quality, mission-critical products for its customers.” Morgan Stanley & Co. LLC and Lazard served as financial advisors to CPP. Cleary Gottlieb Steen & Hamilton LLP acted as legal advisor to CPP and Warburg …

Berkshire Partners and Warburg Pincus to recap CPP | PE Hub | 6/14/2019

Berkshire Partners and Warburg Pincus to recap CPP June 14, 2019 Berkshire Partners and Warburg Pincus have agreed to recapitalize Cleveland-based Consolidated Precision Products Corp, a maker of complex cast products. No financial terms were disclosed. Morgan Stanley & Co. LLC and Lazard provided financial advice to CPP on the transaction. PRESS RELEASE CLEVELAND, June 14, 2019 /PRNewswire/ — Consolidated Precision Products Corp. (“CPP”), a leading manufacturer of highly engineered components …

Oak Investment Partners

Precision Medicine Group Lands Major New Investment | Business Wire | 12/20/2017

BETHESDA, Md.- 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 significant participation from Precision’s co-founders and management team as well as original investors Oak Investment Partners and J.H. Whitney. This is Berkshire Partners’ first investment in …

TPG Growth

Precision Medicine Group Lands Major New Investment | Business Wire | 12/20/2017

BETHESDA, Md.- 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 significant participation from Precision’s co-founders and management team as well as original investors Oak Investment Partners and J.H. Whitney. This is Berkshire Partners’ first investment in …

Audax Group

Brown Gibbons Lang & Company: M&A Accelerates in B2B Distribution | PR Newswire | 12/15/2017

Berkshire Partners (SRS Distribution) among the active consolidators. Fasteners has seen robust platform and add-on activity, notably new growth platform Endries International, acquired by Nautic Partners from Ferguson Enterprises this May, and tuck-in activity by Bolts & Nuts (Nebraska Heavy Industries and Tecum Capital Management) and AFC Industries (Incline Equity Partners), each announcing two acquisitions. Acquisitive platforms in Industrial Gases (CI Capital Partners/Tech Air); Lubricants (Audax Group/Reladyne …

Nautic Partners

Brown Gibbons Lang & Company: M&A Accelerates in B2B Distribution | PR Newswire | 12/15/2017

Berkshire Partners (SRS Distribution) among the active consolidators. Fasteners has seen robust platform and add-on activity, notably new growth platform Endries International, acquired by Nautic Partners from Ferguson Enterprises this May, and tuck-in activity by Bolts & Nuts (Nebraska Heavy Industries and Tecum Capital Management) and AFC Industries (Incline Equity Partners), each announcing two acquisitions. Acquisitive platforms in Industrial Gases (CI Capital Partners/Tech Air); Lubricants (Audax Group/Reladyne …

Clayton Dubilier & Rice

Brown Gibbons Lang & Company: M&A Accelerates in B2B Distribution | PR Newswire | 12/15/2017

Clayton Dubilier & Rice), and Praxair (Linde), setting the stage for continued consolidation in a fragmented market. Private equity sponsors are actively building value-added distribution platforms demonstrating broad interest across industrial markets. Building Products has seen a high level of acquisition activity, with The Sterling Group (Construction Supply Holdings) and Berkshire Partners (SRS Distribution) among the active consolidators. Fasteners has seen robust platform and add-on activity, notably new growth …

Black Diamond Ventures

Broadcom Turns Up Heat – WSJ | Morningstar | 12/5/2017

… Inc., later renamed Avintiv Specialty Materials Inc.; Julie A. Hill, owner of Hill Co.; John H. Kispert, managing partner at Black Diamond Ventures; Gregorio Reyes, former board chairman at Dialog Semiconductor PLC and LSI Corp … Pictures Entertainment; and Jeffrey W. Henderson, an advisory director at Berkshire Partners LLC. Broadcom hasn’t had any discussions with the three, a person familiar with the matter said. Together, Broadcom and Qualcomm would be the …

James Stewart

Consolidated Precision Products Corp. Announces Recapitalization with Berkshire Partners and Warburg Pincus | PR Newswire | 6/14/2019

… the commercial aerospace, defense and industrial gas turbine markets, today announced that it has entered into a recapitalization transaction with Berkshire Partners, a Boston -based investment firm, and Warburg Pincus, the company’s current financial partner … service in collaboration with Berkshire Partners and Warburg Pincus,” said James Stewart , Chief Executive Officer of CPP. “Our new relationship with Berkshire Partners and ongoing partnership with Warburg Pincus will enable us to further build …

Berkshire Partners and Warburg Pincus to recap CPP | PE Hub | 6/14/2019

Berkshire Partners and Warburg Pincus to recap CPP June 14, 2019 Berkshire Partners and Warburg Pincus have agreed to recapitalize Cleveland-based Consolidated Precision Products Corp, a maker of complex cast products. No financial terms … service in collaboration with Berkshire Partners and Warburg Pincus,” said James Stewart, Chief Executive Officer of CPP. “Our new relationship with Berkshire Partners and ongoing partnership with Warburg Pincus will enable us to further build …

Bob Mullaney

Boston Footwear Executive Bob Mullaney Named President/CEO Of RG Barry Corporation | PR Newswire | 12/7/2017

Boston Footwear Executive Bob Mullaney Named President/CEO Of RG Barry Corporation Former President & COO of Boston-based Shoes.com tapped to lead Ohio-based lifestyle footwear and accessory company PICKERINGTON, Ohio , Dec. 6, 2017 /PRNewswire … to a new entity established by Boston -based investment firm Berkshire Partners and New Balance Holdings. Previous to that, Mullaney held significant leadership roles at Vida Group and The Stride Rite Corporation. He is currently …

Bob Mullaney Named President And Chief Executive Officer Of RG Barry Corporation | PR Newswire | 12/7/2017

Bob Mullaney Named President And Chief Executive Officer Of RG Barry Corporation Leading lifestyle accessory company appoints former President and COO of Shoes.com to accelerate global growth PICKERINGTON, Ohio , Dec. 6, 2017 /PRNewswire/ – RG Barry … to a new entity established by Boston -based investment firm Berkshire Partners and New Balance Holdings. Previous to that, Mullaney held significant leadership roles at Vida Group and The Stride Rite Corporation. He is currently …

Scott Scharfman

Boston Footwear Executive Bob Mullaney Named President/CEO Of RG Barry Corporation | PR Newswire | 12/7/2017

Berkshire Partners and New Balance Holdings. Previous to that, Mullaney held significant leadership roles at Vida Group and The Stride Rite Corporation. He is currently an active Two Ten Footwear Foundation Member. “The Board believes that Bob’s extensive leadership experience coupled with his success at effecting change make him the right person at the right time to help execute the strategic priorities of RG Barry Corporation,” said Scott Scharfman , chairman …

Bob Mullaney Named President And Chief Executive Officer Of RG Barry Corporation | PR Newswire | 12/7/2017

Berkshire Partners and New Balance Holdings. Previous to that, Mullaney held significant leadership roles at Vida Group and The Stride Rite Corporation. He is currently an active Two Ten Footwear Foundation Member. “The Board believes that Bob’s extensive leadership experience coupled with his success at effecting change make him the right person at the right time to help execute the strategic priorities of RG Barry Corporation,” said Scott Scharfman , chairman …

Hock Tan

Broadcom Turns Up Heat – WSJ | Morningstar | 12/5/2017

… annual shareholder meeting, expected in March, according to a person familiar with Broadcom’s strategy. In a statement, Broadcom Chief Executive Hock Tan said his company has “repeatedly attempted to engage with Qualcomm, and despite stockholder … Pictures Entertainment; and Jeffrey W. Henderson, an advisory director at Berkshire Partners LLC. Broadcom hasn’t had any discussions with the three, a person familiar with the matter said. Together, Broadcom and Qualcomm would be the …