Berkshire Partners

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Berkshire Partners
Company typePrivate Ownership
IndustryPrivate Equity
Founded1984
HeadquartersBoston, Massachusetts, United States
ProductsPrivate equity funds, Leveraged buyouts
Total assetsIncrease US$ 11 billion
Websitewww.berkshirepartners.com

Berkshire Partners, the Boston-based private equity firm, has invested in over 100 middle market companies since 1986 through eight investment funds with aggregate capital commitments of $11 billion. Berkshire has developed specific industry experience in several areas including consumer products and retail, business services, industrial manufacturing, transportation and communications. The firm has invested over $50 million to $500 million of equity capital in each portfolio company.

History

Berkshire Partners was founded by Bradley M. Bloom, J. Christopher Clifford, Carl Ferenbach, Richard K. Lubin and Russell L. Epker in 1984. The firm traces its roots back to Boston's Thomas H. Lee Partners, a large-cap private equity firm founded a decade earlier. Since its founding in 1984, Berkshire has raised eight private equity funds with total investor commitments of $11.0 billion since inception.

  • Berkshire Fund I (1984) - $59 million
  • Berkshire Fund II (1986) - $125 million
  • Berkshire Fund III (1992) - $168 million
  • Berkshire Fund IV (1996) - $387 million
  • Berkshire Fund V (1998) - $985 million
  • Berkshire Fund VI (2002) - $1.7 billion
  • Berkshire Fund VII (2006) - $3.1 billion
  • Berkshire Fund VIII (2011) - $4.5 billion

Portfolio

Since its inception in 1984, Berkshire Partners has invested in over 100 companies and developed specific industry experience in several areas including retailing, consumer products, manufacturing, transportation, energy, business services and communications. For information on additional investments visit their website.[1]

External links

References