Thomas H. Lee Partners Recapitalizes Fortna to Accelerate Growth

MHS Global and Fortna to Combine; ADIA Takes Minority Stake

April 18, 2022

Logistics & Distribution

MHS Global and Fortna will combine to form a multinational e-commerce and logistics automation company, with Thomas H. Lee Partners (THL) remaining the majority owner. A wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA) will acquire a significant minority stake to support the combination, creating a scale player that pairs MHS's automation and systems-integration capabilities with Fortna's warehouse optimization software and services.

Thomas H. Lee Partners Provides Growth Capital to Ashling Partners

February 8, 2021

IT Services

Thomas H. Lee Partners (THL) has completed a growth capital investment in Ashling Partners, an intelligent automation services provider. THL principals Josh Bresler and Kearney Shanahan will join Ashling's board as the firm looks to expand its global scale, broaden automation capabilities, and pursue M&A opportunities.

Thomas H. Lee Partners Recapitalizes AutoStore

June 19, 2019

Logistics & Distribution

Thomas H. Lee Partners (THL) has entered a definitive agreement to acquire AutoStore in a recapitalization transaction, with AutoStore management and EQT retaining minority stakes. The deal will provide capital to accelerate AutoStore’s product innovation and global expansion in warehouse automation; terms were not disclosed and the transaction was expected to close in Q3 2019.

Thomas H. Lee Partners Makes Growth Investment in Carpe Data

April 11, 2022

Data & Analytics

Thomas H. Lee Partners (THL) has made a strategic growth investment in Carpe Data, becoming the majority shareholder while the company's founders, management and existing strategic investors retain meaningful stakes. The investment will fund continued innovation in Carpe Data's AI-driven alternative data platform for insurance and support expansion across core segments and adjacent markets.

Thomas H. Lee Partners Leads Recapitalization of AmeriLife

January 7, 2020

Financial Services

AmeriLife Group, a national distributor of life, health and retirement solutions, agreed to a recapitalization led by Thomas H. Lee Partners with participation from Cannae Holdings and certain THL limited partners. THL is acquiring a majority stake from J.C. Flowers & Co. and other investors to provide financial flexibility and support AmeriLife's continued growth and strategic expansion.

Thomas H. Lee Partners Invests in Odessa

September 15, 2021

Software

Thomas H. Lee Partners (THL) has made a strategic growth investment in Odessa, a Philadelphia-based provider of asset finance and leasing software. The investment will fund Odessa's platform roadmap, capability expansion across financial services, geographic growth (U.S. and international), and potential M&A activity to accelerate product and market expansion.