Berkshire Partners

Founded in 1984, Berkshire Partners is an American private equity firm with roots tracing back to Thomas H. Lee Partners. Based in Boston, the firm has raised eleven private equity funds since its inception, with the most recent fund, Berkshire Fund XI, raising $7.8 billion in 2024.

The firm focuses on middle-market companies, typically investing in businesses with enterprise values between $100 million and $1.5 billion. Since its founding, Berkshire has invested in over 100 companies, partnering with management teams to seek long-term value creation.

Berkshire has developed specific industry expertise in several core areas, including consumer products, retail, business services, communications, industrials, and healthcare. Its investment size per portfolio company generally ranges from $50 million to $500 million of equity capital.