TowerBrook Capital Partners Acquires Majority Stake in LiftWerx

TowerBrook Acquires Majority Stake in TXO

April 24, 2023

Industrial Services

TowerBrook Capital Partners has acquired a majority stake in TXO as one of the first investments for its dedicated impact strategy. TXO is a B2B provider of telecom network hardware and asset management, offering sourcing, maintenance, reuse, recycling and disposal services; TowerBrook said it will support TXO's international expansion, strategic acquisitions and continued ESG-focused growth.

TowerBrook Capital Partners to Acquire Majority Stake in Bruneau from Equistone

July 28, 2021

E-Commerce

TowerBrook Capital Partners has signed a binding agreement to acquire a majority stake in Bruneau from Equistone Partners Europe, subject to regulatory approval and employee consultations. Bruneau is a leading European online distributor of office furniture and supplies (active in six countries with ~930 employees), and TowerBrook intends to support the group's organic growth, product offering expansion and digital customer acquisition.

Braemont Capital Acquires Loenbro from Tailwind Capital

February 1, 2024

Industrial Services

Braemont Capital has acquired Loenbro, LLC, a Westminster, Colorado-based provider of specialized electrical, mechanical, structural, instrumentation and inspection services across data center, infrastructure and industrial markets, from Tailwind Capital. The privately held deal (terms not disclosed) positions Loenbro for continued organic growth and M&A-driven expansion under Braemont's ownership.

TowerBrook Capital Partners Makes Minority Investment in Langan Engineering & Environmental Services

October 26, 2023

Engineering Services

Investment funds managed by TowerBrook Capital Partners have entered into a definitive agreement to take a minority stake in Langan Engineering & Environmental Services. Langan's management and employee shareholders will retain majority ownership; the financing package includes support from Blackstone Credit, CPPIB Credit Investments III and SMBC, and the deal is expected to close in Q1 2024.

TowerBrook Acquires Controlling Stake in CarTrawler

May 19, 2020

Transportation

TowerBrook Capital Partners has made a controlling equity investment in CarTrawler, providing in excess of €100 million to strengthen the company's balance sheet and accelerate growth as travel demand recovers. The investment positions CarTrawler to expand its travel technology platform and scale its partnerships with airlines, OTAs and car-rental firms.

Berkshire Partners Acquires Majority Stake in TowerNorth

October 5, 2023

Telecommunications

Berkshire Partners has made a majority growth investment in TowerNorth, a developer, owner and operator of wireless infrastructure assets across the United States and Europe. Founding investor Wincove Private Holdings re-invested in the transaction; financial terms were not disclosed.