Why Berkshire Partners for Private Equity? / Overview of Berkshire Partners
Berkshire Partners is a Boston-based private equity firm with an AUM of $24B. It invests across a variety of sectors including communications & digital infrastructure, consumer, healthcare, services & industrials, and technology. Berkshire typically invests in companies with an enterprise value between $200mm and $2B and makes equity investments between $100mm and $1B.
Berkshire also runs a public equity investment business called Stockbridge, which was launched in 2007.
Despite its name, Berkshire Partners has no relation to Warren Buffett or Berkshire Hathaway.
Remember that in order to craft a great answer to the common question "Why this Firm?", it's your responsibility to read articles and speak with employees. If you are interviewing with Berkshire Partners, you should make sure you know:
1 deal that the investment team you are recruiting with has done
1 person at the firm (ideally someone who would have influence over your recruiting process)
1 business model-specific detail to mention
We explain how to answer qualitative questions and research private equity firms in our Private Equity Course. We also teach how to build LBO models and prepare for case study interviews.
Berkshire Partners acquired a 49% stake in leading Israeli cloud services infrastructure firm MedOne, with the intention to grow MedOne's international client base.
Transaction Date: Closed July 2022
Transaction Value: $439mm post-closing enterprise value
Company Name: Berkshire Partners
Description: Berkshire Partners is an American private equity firm based in Boston, with investments in over 100 middle-market companies
Firm Category: Private Equity / Upper Middle Market
Status: Berkshire Partners is a privately held company
Assets Under Management: $23.8B
Flagship Fund Size: Berkshire Fund X ($5.8B raised in 2021)
Chief Operating Officer: Terry Thompson
Headquarters: Boston, USA
Based on the H1B Database, the average base salary for an Associate at Berkshire Partners is $157k. We note that this salary information may be dated and not reflective of their current pay.