Centerbridge Acquires Majority Stake in AHEAD; Berkshire Partners Takes Minority

September 1, 2020

Funds advised by Centerbridge Partners will acquire a majority stake in AHEAD, the Chicago-based enterprise cloud solutions and professional services provider, while Berkshire Partners will purchase a minority stake and AHEAD management will retain a significant ownership position. The transaction, which Court Square Capital Partners is exiting, is intended to accelerate AHEAD's expansion of digital solutions, services and geographic reach to support further growth in intelligent operations and cloud-native application development.

Buyers
Centerbridge Partners, Berkshire Partners LLC
Targets
AHEAD
Sellers
Court Square Capital Partners
Industry
Cloud & SaaS
Location
Illinois, United States
Transaction Type
Buyout

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