Berkshire Partners to acquire a majority stake in AHEAD from Centerbridge.

Berkshire Partners, a multi-sector specialist investment firm, agreed to acquire a majority stake in AHEAD, a provider of enterprise cloud services, from Centerbridge, a private investment management firm. Financial terms were not disclosed. "We’re grateful for the support of both firms over the last two years, as we made material improvements to the business to not just deliver exceptional near-term results but set the stage for future scale and growth. The expanded investment by our colleagues at Berkshire, along with the continued support of Centerbridge, will help us further innovate and mature a services portfolio that helps our clients fundamentally transform how they run their businesses and serve their own customers," Daniel Adamany, AHEAD CEO.