FFL promotes three to MD

FFL has promoted Chris Harris, Greg Lau and Greg Long to managing director. Prior to joining FFL, Harris worked at Berkshire Partners where he was an associate; Lau worked at Procter & Gamble; and Long served as a senior associate at The Parthenon Group.


Berkshire Partners and New Balance to buy The Rockport Company

Berkshire Partners and New Balance Holding have agreed to buy The Rockport Company. The adidas Group is the seller. Financial terms weren’t announced. Canton, Massachusetts-based Rockport designs and markets footwear for men and women. Drydock Footwear, a New Balance affiliate, is joining with Rockport  to form The Rockport Group. The transaction is expected to close later in 2015.


Berkshire promotes three to managing director

Berkshire Partners has promoted three people, Dave Bordeau, Marni Payne and Raleigh Shoemaker, to managing directors effective Jan. 1, 2015. They join a team of 19 current managing directors. Bordeau joined Berkshire in 2006 and has experience with the firm’s consumer products, retail and business services companies. Payne joined Berkshire in 2000 as an associate and returned to the firm in 2004 after business school. She works with the firm’s consumer products and retailing companies. Shoemaker joined the firm in 2006 focusing on business development activities. He became director of investor relations in 2013.


Summit sells Access Information Management

Berkshire Partners has acquired a majority interest in Access Information Management. Financial terms weren’t announced. Summit Partners is the seller. Access Information provides records and information management services in North America. Robert W. Baird & Co. provided financial advice to Access.


Hellman & Friedman completes Grocery Outlet acquisition

Hellman & Friedman has closed its previously announced buy of Grocery Outlet from Berkshire Partners. Grocery Outlet’s senior management team teamed up with Hellman & Friedman on the transaction. No financial terms were disclosed. Based in Emeryville, Calif., Grocery Outlet is a discount supermarket chain.

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Charterhouse Capital’s Pointwell Limited acquires Skillsoft

Dublin, Ireland-based education software provider Skillsoft said Monday that it has sold its subsidiaries to Pointwell Limited, which is backed by Charterhouse Capital Partners. No financial terms were disclosed. Deutsche Bank Securities advised Skillsoft on the deal while Ropes & Gray served as legal counsel. Barclays served as exclusive financial advisor to Pointwell Limited. Skillsoft was backed by Advent International, Bain Capital and Berkshire Partners.


Berkshire Partners and Glen Senk join forces

Berkshire Partners and Glen T. Senk, a retail and consumer executive are partnering to co-invest in high-growth retail and consumer businesses. Berkshire Partners has initially committed $350 million to future investments alongside Senk and his newly-formed firm, Front Row Partners, where he serves as chairman and CEO.

Wood Partners Sells Alta Aspen Grove to Berkshire Property Advisors – Corrected

Alta Aspen Grove, a 280-unit luxury garden-style apartment community in Littleton, Colo., has been sold by Wood Partners to Berkshire Partners Berkshire Property Advisors. Located on 17.5 acres at 7317 South Platte River Parkway in Littleton, Alta Aspen Grove was designed to be eco-friendly, transit-oriented and packed with high-end amenities. The Denver office of Moran & Company represented Wood Partners in the sale.

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