Berkshire Partners
Company type | Private ownership |
---|---|
Industry | Private equity |
Founded | 1984 |
Headquarters | Boston, Massachusetts, United States |
Products | Private equity funds, Leveraged buyouts |
Total assets | US$ 16 billion |
Website | www.berkshirepartners.com |
Berkshire Partners is an American private equity firm that has invested in over 100 middle market companies since 1986 through nine investment funds with aggregate capital commitments of more than $16 billion. Berkshire has developed specific industry experience in several areas including consumer products and retail, business services, communications, industrials and healthcare. 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 nine private equity funds with total investor commitments of more than $16.0 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
- Berkshire Fund IX (2016) - $5.5 billion
Portfolio
Since its inception in 1984, Berkshire Partners has invested in over 100 companies and developed specific industry experience in several areas including consumer products and retail, business services, communications, industrials and healthcare.