Berkshire Partners to invest in GTCR-backed Point Broadband.

Berkshire Partners, a private investment firm, agreed to invest in GTCR-backed Point Broadband, a provider of high speed fiber-to-the-premise internet services to residential and business customers. Financial terms were not disclosed. “We believe that access to reliable high speed broadband is a fundamental underpinning of economic opportunity. We are thrilled to be partnering with Todd and his team, alongside GTCR, as Point Broadband expands its fiber-based internet access and exceptional customer service to many more underserved communities across the US,” Beth Hoffman and Drew Walker, Berkshire Partners Managing Directors.