Berkshire Partners Announces New Advisory Director

BOSTON--()--Berkshire Partners LLC, the Boston-based investment firm, announced today that Gideon Argov will join the firm as an Advisory Director. Mr. Argov will work with Berkshire to source new investment ideas and serve as an operating advisor to portfolio companies.

Josh Lutzker, Managing Director of Berkshire, said, “We have had the pleasure of knowing Gideon for many years and have been impressed by his track record of success both internationally and with various industrial companies. Gideon brings a level of expertise to every organization with which he is involved and his skills are evident in the success of the companies he has led. We are proud to have Gideon join the Berkshire team.”

“Berkshire Partners is a unique combination of outstanding investment results and a culture based on teamwork and partnership,” said Mr. Argov. “I am honored and excited to be joining such a high caliber team.”

Mr. Argov serves as director of J.M. Huber Corporation, Beechcraft LLC, Servotronix and Energy Points. He is a member of the Council on Foreign Relations and the International Council of the Belfer Center at the John F. Kennedy School of Government. He is involved in numerous non-profit organizations including Beth Israel Deaconess Medical Center in Boston and the Inter-Disciplinary Center (IDC) in Herzliya, Israel where he founded the Shlomo Argov Fellows Program for public sector leadership.

Gideon previously served as Chief Executive Officer of Entegris, a global provider of materials and components to the semiconductor and electronics industries and was a Managing Director of Parthenon Capital. For nearly a decade, he was Chairman and Chief Executive of Kollmorgen, a factory automation and electro-optical systems provider. Gideon also served as a combat officer and Company Commander in the armored corps of the Israel Defense Forces.

Gideon graduated with an A.B. (Magna cum Laude) from Harvard University and earned an M.B.A. from Stanford University.

Berkshire Partners LLC

About Berkshire Partners LLC
Berkshire Partners, the Boston-based investment firm, pursues investments in both private equity and marketable securities. Since 1986, the firm has deployed capital from its eight private equity funds with $11 billion in aggregate capital commitments to invest in over 100 middle market companies. Berkshire has developed specific industry experience in several areas including consumer products and retail, business services, industrials, transportation and communications. Within private equity, Berkshire seeks to invest $50 million to $500 million of private equity capital in each portfolio company and has a strong history of partnering with management teams to grow the companies in which it invests with the goal of consistently achieving superior investment returns. The firm invests in marketable securities through Stockbridge, which was founded in 2007 and seeks to manage a concentrated portfolio of attractive long-term investments. Collectively, the firm benefits from its shared experiences, insights and relationships as it pursues its investment activities. For additional information, visit www.berkshirepartners.com.

Contacts

Berkshire Partners LLC
Katherine Bush, 617-227-0050

Release Summary

Berkshire Partners, the Boston-based investment firm, announced today that Gideon Argov will join the firm as an Advisory Director to source new investment ideas and serve as an operating advisor.

Contacts

Berkshire Partners LLC
Katherine Bush, 617-227-0050