Berkshire Partners
Multi-Sector Private Equity Firm
Boston, MA

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Category: Mid/Large Cap
Mark: AA

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Profile

Berkshire Partners is a 100% employee-owned, multi-sector specialist investor in private and public equity, with a focus on U.S.-based, middle-market companies. For more than four decades, the firm’s private equity team has invested in well-positioned, growing companies across services, healthcare, industrials, and technology.


Berkshire is currently investing from its Fund XI, with approximately $7.8 billion in commitments. Since inception, Berkshire Partners has made more than 150 private equity investments and has consistently worked in close partnership with management teams to build enduring businesses.


Stockbridge, the firm’s public equity group, was founded in 2007 and manages a concentrated portfolio seeking attractive long-term investments.


www.berkshirepartners.com


Awards

2025 Top Private Equity Firms, Top Women Leaders, Top Healthcare Investors, Top Software Investors

2024 Top Growth Equity Firms, Top 40 Under 40 Growth Investors, Top Software Investors, Top Private Equity Firms, Top Women Leaders

2023 Top 40 Under 40 Growth Investors, Top Private Equity Firms, Top Women Leaders

2019 Top Business Services Investors

Features

Top Healthcare Investor: Berkshire Partners’ Chris Hadley

GrowthCap’s RJ Lumba spoke with Chris Hadley on June 25, 2025. Chris is a Managing Director at Berkshire Partners, a private equity firm that invests in growing companies across business & consumer services, healthcare, industrials, and technology & communications. He has been with the firm for 27 years and focuses on healthcare investing.

Key People

Mike Ascione, Co-Managing Partner; joined Berkshire in 2001

Chris Hadley, Co-Managing Partner; joined Berkshire in 1998

Funds Raised

Fund Name Size Date
Fund XI $7.8B 2024
Fund X $5.8B 2021
Fund IX $5.5B 2016

Key Investments

Thrive: January 2025
Sector: Services

Thrive is a leading IT managed services provider (MSP) and managed security services provider (MSSP) specializing in outsourced IT and cybersecurity services.

Electric Power Engineers: January 2025
Sector: Services & Industrials

Electric Power Engineers (EPE) is a global engineering and advisory firm focused on grid reliability, grid resiliency, and the energy transition.

Triumvirate Environmental: February 2025
Sector: Business & Consumer Services

Triumvirate Environmental provides environmental solutions, including on-site support, hazardous and regulated waste handling and disposal, and strategic advisory services, to companies in the life sciences, healthcare, education, and industrial markets.

Mosai: March 2025
Sector: Healthcare / Technology & Communications

Medalogix and Forcura are leading providers of software solutions to post-acute care providers.

Triumph: July 2025
Sector: Industrials

Triumph Group is a leading independent provider of mission-critical components and engineered systems for the global aerospace and defense industry.

United Flow Technologies: December 2025
Sector: Industrials

United Flow Technologies is a market leader in process and equipment solutions for the municipal and industrial water and wastewater markets. With a focus on innovation, excellence, and customer service, UFT delivers high-quality products and services that drive long-term value for clients across the United States.

Capital Responsibility

Berkshire Partners’ Responsible Investment Policy supports the firm’s mission to build enduring value through exceptional teams and aligns with its core value of winning the right way by creating lasting partnerships, fostering diverse perspectives, acting with the highest standards of integrity, honesty, and fairness, and considering the impact of the firm’s work on stakeholders. Berkshire Partners recognizes the importance of responsible investing as part of its mission to build enduring, sustainable value and to mitigate material risks for its investors and the companies in which the firm invests. Berkshire Partners believes the consideration of material risks and opportunities, including on responsible investment issues, supports value creation and helps drive long-term success for the firm and its key stakeholders.

The Responsible Investment Policy applies to all investments in which Berkshire Partners Private Equity and/or Stockbridge would have influence through ownership and/or governance rights. In situations where the firm has limited ability to assess or monitor factors related to its Responsible Investment Policy, Berkshire Partners endeavors to identify and elevate material concerns to management and/or the board of directors.

The firm’s approach to RI is underpinned by five main principles:

– Seek investment in companies that can consistently operate in accordance with high standards of professional integrity and business ethics.

– Promote effective governance standards.

– Evaluate and address climate impacts, and other environmental impacts as relevant.

– Support initiatives aimed at advancing inclusion, workforce engagement, and well-being as a business imperative.

– Respect internationally recognized human rights principles.