Boston · Growth
Also known as Berkshire Partners Llc
Investment thesis
Berkshire Partners invests in high-potential companies with the aim of transforming them into scaled market leaders. The firm relies on multi-sector expertise and a collaborative, insight-driven decision-making process to create lasting value. It works closely with entrepreneurs and management teams, emphasizing relationships, integrity, and a distinctive culture. Berkshire applies this approach across both private and public company investments, focusing on helping middle-market businesses become enduring market leaders while creating positive impact on portfolio companies and the communities in which the firm operates.
Source: firm website, verified Aug 18, 2026.
What they invest in
from 4 of 11 portfolio companiesAdvanced Manufacturing ×1AI & Machine Learning ×1Circular Economy ×1Cleantech ×1Climate Tech ×1Cybersecurity ×1Defense Tech ×1Digital Health ×1
HQs:United States×2
Investments · 11 tracked
founders shown can be your intro pathTriumph Group provides engineered systems and proprietary components for aerospace and defense companies, serving both OEM and aftermarket applications.
Advanced ManufacturingDefense TechHardwareRadnor, US
Jorge L. Valladares III(Chief Executive Officer)
Mosai provides a care coordination software platform for home-based care, spanning referrals and admissions, clinical management, and networked care to connect providers, physicians, and payers.
AI & Machine LearningDigital HealthHealthtech
IT managed services provider (MSP) and managed security services provider (MSSP) offering outsourced IT and cybersecurity, cloud, and networking services across financial services, healthcare, and professional services markets.
Thrive provides managed IT and cybersecurity services, using an AI-driven platform built on ServiceNow to deliver IT service management, security, automation, and monitoring for enterprise IT teams.
CybersecurityEnterprise SoftwareSaaS
Independent provider of mission-critical components and engineered systems for the global aerospace and defense industry, founded in 1993, serving original equipment and aftermarket applications.
Triumvirate Environmental provides waste management, disposal, and environmental health and safety (EHS) consulting services, including hazardous and medical waste handling, spill cleanup, lab decontamination, and wastewater system operation.
Circular EconomyCleantechClimate Tech
Provides environmental solutions including on-site support, hazardous and regulated waste handling and disposal, and strategic advisory services to life sciences, healthcare, education, and industrial markets.
Fund performance · per public LP disclosures · 6
as of Sep 2025| Fund | Vintage | Committed | Net IRR | TVPI | DPI |
|---|---|---|---|---|---|
| Berkshire Fund XILPs: Teachers' Retirement System of Oklahoma | 2025 | — | — | 0.92x | 0.92x |
| Berkshire Fund IX LPLPs: Michigan Municipal Employees' Retirement System, Florida State Board of Administration, The Regents of the University of California +3 more | 2017 | — | 13.4% | 1.71x | 0.67x |
| Berkshire Fund VIII LPLPs: Florida State Board of Administration, The Regents of the University of California, Michigan Municipal Employees' Retirement System +6 more | 2011 | — | 16.1% | 2.16x | 2.02x |
| Berkshire Fund VIILPs: Pennsylvania Public School Employees' Retirement System, The Regents of the University of California, Michigan Municipal Employees' Retirement System +4 more | 2006 | — | 17.3% | 2.10x | 2.10x |
| Berkshire Fund VILPs: Pennsylvania Public School Employees' Retirement System, Michigan Municipal Employees' Retirement System, Carnegie Corporation of New York +2 more | 2002 | — | 24.8% | 3.20x | 3.11x |
| Berkshire Fund X, L.P.LPs: California Public Employees' Retirement System, Michigan Municipal Employees' Retirement System, Robert Wood Johnson Foundation | — | — | 6.6% | 1.10x | 0.42x |
Source: public limited-partner disclosures (CalPERS, CalSTRS). Net IRR / TVPI / DPI as reported by the limited partner; a fund's early-year IRR is an interim estimate (J-curve).
Frequently asked questions
- What stage does Berkshire invest at?
- Berkshire invests at the Growth stage.
- What is Berkshire's typical check size?
- Berkshire typically writes checks of $150M – $500M.
- What sectors does Berkshire focus on?
- Berkshire focuses on Sector Agnostic.
- Where is Berkshire located?
- Berkshire is headquartered in Boston, US.
- Does Berkshire lead rounds?
- Yes, Berkshire leads investment rounds.
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