Found in News & Content, with a score of 0.71
…already part of the investment portfolio of Thomas H. Lee Partners L.P. (THL), a private equity firm investing in middle-market growth companies. Since 1974, THL has raised more than $30 billion of equity capital, invested in 160 companies, and completed more than 500 add-on acquisitions representing an aggregate enterprise value at acquisition of over $210 billion. THL will remain the majority owner of the combined company, while a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA) will acquire…
Found in News & Content, with a score of 0.89
…RightHand investors follow growing market Safar Partners, Thomas H. Lee Partners (THL), and the SoftBank Vision Fund led RightHand's latest funding, which brings its valuation to $240 million. Tenzer said he expects the company make $10 million in revenue this year. Zebra Technologies, Epson, and Global Brain also join the Series C round, along with previous investors GV (Google Ventures), F-Prime Capital, Menlo Ventures, Matrix Partners and Future Shape. Menlo Ventures and Playground Global led previous rounds. “The RightHand Robotics…
Found in News & Content, with a score of 3.51
Thomas H. Lee Partners L.P., or THL, today announced a definitive agreement with Brooks Automation Inc. to acquire its Semiconductor Solutions Group for $3 billion in cash. The transaction is expected to close in the first half of calendar year 2022 upon satisfaction of customary closing conditions and regulatory approvals. “We are excited to be joining forces with THL, with whom we share a vision for the future of our business,” said David Jarzynka, president of Brooks Automation. “We are…
Found in News & Content, with a score of 2.08
…of the company from funds affiliated with Thomas H. Lee Partners L.P. and EQT Private Equity, among other shareholders. AutoStore said the funding will enable it to accelerate its global expansion, “with particular emphasis on the Asia-Pacific region.” Nedre Vats, Norway-based AutoStore was founded in 1996 and develops proprietary software and hardware to make warehouse operations more efficient. The company claimed that its Cube Storage Automation is “the densest storage technology.” AutoStore said that more than 20,000 of its robots…
Found in News & Content, with a score of 1.18
…company through a recapitalization in partnership with Thomas H. Lee Partners, L.P. (“THL”), followed by a series of acquisitions that expanded the Company’s global footprint, capabilities and product and service lines. “Kentucky has been a fantastic place to grow our global business during the past 20-plus years, and we are pleased to be expanding our presence in our home state,” said MHS CEO Scott McReynolds. “Our customers are experiencing new peak demand levels, which means our products and services are…
Found in News & Content, with a score of 3.82
Private equity firm Thomas H. Lee Partners, L.P. announced on Tuesday, June 25, 2019, that it had a definitive agreement to acquire AutoStore, a Norwegian-based provider of robotics and software order fulfillment solutions to warehouses and distribution centers around the world. This marks at least third investment by THL in the supply chain and materials handling space in recent years. In 2017, THL acquired MHS, a Louisville-based provider of parcel handling systems. More recently, in March 2019, the firm announced…
