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21 Dec, 2016
DALLAS, TX - Dec 21, 2016 - Masergy Communications, Inc. ("Masergy"), a global provider of hybrid networking, managed security and cloud communications, announced today that it has completed its transaction with Berkshire Partners LLC ("Berkshire Partners") for the purchase of the existing Masergy equity for an undisclosed price.
"This transaction marks the next chapter in our company's growth strategy," said Chris MacFarland, CEO of Masergy. "Berkshire Partners understands the complexity of the markets we serve and the tremendous value our unique solutions provide to large global companies. We are excited to have such an experienced partner at our side as we continue growing the business." "Masergy's innovative solutions and world class experience truly help businesses transform their IT environments and drive their digital transformation objectives," said Beth Hoffman, Managing Director at Berkshire Partners. "The accelerating rate of change across the information technology landscape creates significant opportunities for Masergy. We are excited to be invested in this team, company and culture." More at
Masergy and
www.berkshirepartners.com.
"This transaction marks the next chapter in our company's growth strategy," said Chris MacFarland, CEO of Masergy. "Berkshire Partners understands the complexity of the markets we serve and the tremendous value our unique solutions provide to large global companies. We are excited to have such an experienced partner at our side as we continue growing the business." "Masergy's innovative solutions and world class experience truly help businesses transform their IT environments and drive their digital transformation objectives," said Beth Hoffman, Managing Director at Berkshire Partners. "The accelerating rate of change across the information technology landscape creates significant opportunities for Masergy. We are excited to be invested in this team, company and culture." More at
Masergy and
www.berkshirepartners.com.
