Monday, October 24, 2016

Boston-based Investment Firm to Acquire Masergy

Berkshire Partners LLC, a Boston-based investment firm, agreed to acquire a majority interest in Masergy Communications, a global service provider offering hybrid networking, managed security and cloud communications solutions to medium and large enterprise customers.

Masergy, which is headquartered in Plano, Texas, serves enterprise clients in over 75 countries.

"We think Berkshire Partners is the ideal partner as we embark upon the next chapter of our growth strategy," said Chris MacFarland, Chairman and CEO of Masergy. "Berkshire brings the industry expertise required to help us fulfill our vision."

"We are excited to partner with Chris and his exceptional team," added Tom Kuo, Managing Director at Berkshire Partners. "Given the accelerating rate of change across the information technology landscape, there are significant opportunities for Masergy to continue its impressive growth and this is a team, company and culture that we are excited to invest behind."

See also