“Masergy’s innovative solutions and world-class experience truly help businesses transform their IT environments and drive their digital transformation objectives,” said Beth Hoffman, Berkshire Partners’ managing director. “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.”
Masergy offers hybrid networking, managed security and cloud services to medium and large enterprise customers. It serves enterprise clients in more than 75 countries.
“This transaction marks the next chapter in our company’s growth strategy,” said Chris MacFarland, Masergy’s CEO. “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.”
Financial details regarding the acquisition were not disclosed.