Berkshire Partners logo

Berkshire Partners

North America, Massachusetts, United States, Boston

Description

Berkshire Partners is a distinguished Boston-based private equity firm established in 1986, specializing in control investments and significant minority stakes in mid-sized private companies. Unlike traditional venture capital firms that often target early-stage startups, Berkshire Partners focuses on more mature businesses with established market positions and robust growth potential. Their investment approach is characterized by long-term partnerships with strong management teams across diverse industries.

The firm's investment strategy is sector-agnostic within its core areas of expertise, which include Consumer, Services & Digital Infrastructure, Healthcare, Industrials, and Technology. They seek companies that demonstrate sustainable competitive advantages, opportunities for operational improvement, and avenues for strategic expansion. Berkshire Partners leverages its deep industry knowledge and extensive network to support portfolio companies in achieving their growth objectives, often through strategic acquisitions, market expansion, and operational enhancements.

Berkshire Partners has a strong track record of successful fundraising, underscoring investor confidence in their strategy. Their latest fund, Fund IX, successfully closed in 2021 with substantial capital commitments totaling $5.5 billion. This follows the equally successful Fund VIII, which also closed at $5.5 billion in 2016. Since its inception, the firm has raised over $20 billion in aggregate capital commitments across its various funds, demonstrating its significant financial capacity and enduring presence in the private equity landscape.

Reflecting their focus on established, mid-to-large-sized enterprises, Berkshire Partners typically deploys substantial capital in each transaction. Their first cheque sizes generally range from $100 million to over $1 billion, positioning them as a major financial partner for companies seeking significant growth capital or ownership transitions. This substantial investment range highlights their commitment to impactful, transformative investments rather than smaller, incremental funding rounds.

Investor Profile

Berkshire Partners has backed more than 34 startups, with 6 new investments in the last 12 months alone. The firm has led 19 rounds, about 56% of its total and boasts 13 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Private Equity, Series Unknown, Series B rounds (top funding stages).
  • Majority of deals are located in United States, Canada.
  • Strong thematic focus on Internet, Telecommunications, Health Care.
  • Led 3 rounds in the past year.
  • Typical check size: $100M – $1000M.

Stage Focus

  • Private Equity (62%)
  • Series Unknown (15%)
  • Series B (6%)
  • Series A (6%)
  • Series C (6%)
  • Series E (3%)
  • Post Ipo Equity (3%)

Country Focus

  • United States (94%)
  • Canada (6%)

Industry Focus

  • Internet
  • Telecommunications
  • Health Care
  • Retail
  • Information Technology
  • Wireless
  • Medical
  • E-commerce
  • Logistics
  • Consumer Goods
circle-line
FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Berkshire Partners frequently co-invest with?

Linden Capital Partners
North America, Illinois, United States, Chicago
Co-Investments: 1
Summit Partners
North America, Massachusetts, United States, Boston
Co-Investments: 2
Weston Presidio Capital
North America, Massachusetts, United States, Boston
Co-Investments: 1
J.H. Whitney & Co
North America, Connecticut, United States, New Canaan
Co-Investments: 1
Warburg Pincus
Europe, Madrid, Spain, Boadilla Del Monte
Co-Investments: 2
THL
North America, Massachusetts, United States, Boston
Co-Investments: 1
Advent International
North America, Massachusetts, United States, Boston
Co-Investments: 1
Centennial Ventures
North America, Colorado, United States, Denver
Co-Investments: 3
Rhône Group
North America, New York, United States, New York
Co-Investments: 1
Leonard Green & Partners
North America, California, United States, Los Angeles
Co-Investments: 2

Which angels does Berkshire Partners often collaborate with?

RM
North America, North Carolina, United States, Durham
Shared Deals: 2
J. Landis Martin
North America, Colorado, United States, Denver
Shared Deals: 2

What are some of recent deals done by Berkshire Partners?

Triumvirate Environmental

Somerville, Massachusetts, United States

Triumvirate Environmental provides enterprise waste management and environmental services to healthcare, education and industrial markets.

Environmental ConsultingRecyclingSustainabilityWaste Management
Private EquityFeb 4, 2025
Triumph Group

Berwyn, Pennsylvania, United States

Triumph Group manufactures, designs, engineers, and overhauls aerospace structures, systems, and components.

AerospaceIndustrialManufacturing
Post Ipo EquityFeb 3, 2025
Thrive

San Francisco, California, United States

Thrive Networks is an outsourced IT provider with an outstanding record of success we have achieved for clients.

Cloud ComputingCyber SecurityInformation TechnologyOutsourcing
Private EquityJan 14, 2025
Electric Power Engineers

Austin, Texas, United States

Electric Power Engineers, Inc. (EPE) is a leading power engineering consulting firm.

ConsultingElectronicsEnergyMechanical Engineering
Private EquityJan 6, 2025
RJW Transport

Woodridge, Illinois, United States

RJW Transport is a supply chain solutions provider.

LogisticsRetailTransportation
Private EquityDec 3, 2024
Vital Care

Brentwood, Tennessee, United States

Vital Care specializes in providing infusion therapy services.

Customer ServiceHealth CareMedical
Private EquityAug 1, 2024
PDQ

Salt Lake City, Utah, United States

PDQ is an IT company that provides security and device management solutions for sysadmins via software deployment and administrator tools.

Developer APIsIT ManagementSoftware
Private EquityOct 17, 2023
Thompson Safety

Houston, Texas, United States

Thompson Safety is a full-service safety company that supplies first aid, safety supplies & PPE, AED, eyewash, and training services.

Emergency MedicineFacilities Support ServicesMedical
Private EquityApr 25, 2023
Point Broadband

West Point, Georgia, United States

Point Broadband is providing Internet services through its wireless broadband network to residential and business customers.

ComputerInformation TechnologyInternetTelecommunicationsWireless
Private EquityFeb 15, 2023
Ensemble Health Partners

Cincinnati, Ohio, United States

Ensemble Health Partners is the leading revenue cycle management company for hospitals, health systems and physician practices.

Health CareHospitality
Private EquityMar 25, 2022