Examples of Berkshire Partners in a sentence
Such securities may be deemed to be beneficially owned by Berkshire Partners Holdings LLC ("BPH"); BPSP, L.P. ("BPSP"); Eighth Berkshire Associates LLC ("8BA"), its general partner; and Berkshire Partners LLC ("BP"), its investment adviser.
In August 2000, we sold 55,750 shares of our Series A redeemable convertible preferred stock to Berkshire Partners LLC, an investment firm, and other investors for $55.8 million.
LTS Buyer LLC is wholly owned by LTS Group Holdings, LLC ("LTS Holdings"), which is managed by investors Berkshire Partners LLC ("Berkshire"), ABRY Partners, LLC ("ABRY"), HarbourVest Partners, LLC ("HarbourVest") and Pamlico Capital ("Pamlico") and these companies, together with various holders of smaller interests, will own the equity of LTS Holdings.
Concurrent with the completion of the March 2019 Secondary Offering, on March 8, 2019, the Company also completed its repurchase of 6,333,653 subordinate voting shares and multiple voting shares (the “Shares”) for cancellation from certain shareholders, including an investment vehicle (the “Berkshire Shareholder”) managed by Berkshire Partners LLC (“Berkshire”) (the “Share Repurchase”).
Name and Address of Reporting Person* Berkshire Partners Holdings LLC (Last) (First) (Middle)200 CLARENDON STREET 35TH FLOOR (Street) BOSTON MA02116-5021 (City) (State) (Zip)1.
Lightower AcquisitionOn July 18, 2017, the Company announced that it had entered into a definitive agreement to acquire LTS Group Holdings LLC ("Lightower") from Berkshire Partners, Pamlico Capital and other investors for approximately $7.1 billion in cash, subject to certain limited adjustments ("Lightower Acquisition").
Julie Tower, City of Reno, questioned whether Accela or Berkshire Partners would be the legal entity moving forward; Ms. Piccinini indicated she believed the contract would remain with Accela but would confirm.
Subsequent to quarter-end, Digital Realty announced it has entered into a definitive agreement to acquire roughly a 55% stake in Teraco, Africa’s leading carrier-neutral colocation provider, from a consortium of investors including Berkshire Partners and Permira, in a transaction valuing Teraco at approximately $3.5 billion and representing a cap rate of approximately 3.5% on projected 2022 cash net operating income of approximately $121 million.
Berkshire Partners LLC, the Borrower and the Offeror have entered into a shareholder support agreement, 3.
Berkshire Partners LLC (“Berkshire”) is the investment manager to private equity funds that indirectly hold an ultimate controlling interest in the Company.