Berkshire Partners’ Investment in Tango Management Consulting

Ropes & Gray represented Berkshire Partners, while Reed Smith represented Tango Management Consulting in the transaction.

Tango has secured an equity investment from Berkshire Partners. The funding will help extend Tango’s leadership position in the market and accelerate both U.S. and international growth. Tango’s Founder, President, and Chief Executive Officer Pranav Tyagi, the Tango management team, and Frontier Growth will all continue to hold stakes in the company. Terms of the transaction were not disclosed. 

Tango Management Consulting is a leader in store lifecycle management and integrated workplace management system software.

Berkshire Partners, a Boston-based investment firm, has made more than 130 private equity investments since its founding over 30 years ago. 

Shea & Company, LLC served as exclusive financial advisor to Tango on the transaction.

The Ropes & Gray team that advised Berkshire Partners was led by private equity partners Christian Westra (Picture) and Taylor Hart (both of Boston) and private equity associates Brandon Winer and Rima Mahmoud (both of Boston), and included private equity associates Brooke Carleen (New York) and Bobby Lindsey (Boston), tax partner Pamela Glazier (Boston), benefits partners Josh Lichtenstein (New York), Renata Ferrari and Kyle Higley (both of Boston), IP transactions partner Regina Sam Penti (Boston) and data, privacy & cybersecurity partners Edward McNicholas and Frances Faircloth (both of Washington, D.C.).

Involved fees earner: Brooke Carleen – Ropes & Gray; Fran Faircloth – Ropes & Gray; Renata Ferrari – Ropes & Gray; Pamela Glazier – Ropes & Gray; Taylor Hart – Ropes & Gray; Kyle Higley – Ropes & Gray; Joshua Lichtenstein – Ropes & Gray; Bobby Lindsey – Ropes & Gray; Rima Mahmoud – Ropes & Gray; Edward McNicholas – Ropes & Gray; Regina Sam Penti – Ropes & Gray; Christian Westra – Ropes & Gray; Brandon Winer – Ropes & Gray;

Law Firms: Ropes & Gray;

Clients: Berkshire Partners;