Thomas H. Lee Partners Invests in Odessa

Thomas H. Lee Partners Acquires Majority Stake in Insurance Technologies

September 14, 2020

Cloud & SaaS

Thomas H. Lee Partners (THL) has agreed to acquire a majority stake in Insurance Technologies, LLC from NexPhase Capital. The investment will support Insurance Technologies' continued development of a SaaS cloud-based sales and regulatory automation platform for the insurance and financial services industries and enable further strategic acquisitions.

Thomas H. Lee Partners' THL Automation Fund Leads $23.5M Growth Investment in Phytech

September 22, 2020

Agriculture

Phytech Ltd., an Israeli digital farming and IoT provider, raised $23.5 million in growth funding from funds managed by Thomas H. Lee Partners (including THL Automation Fund L.P.) and existing anchor investors. The capital will be used to accelerate development of irrigation automation capabilities and support Phytech's global market expansion; THL Managing Director Josh Bresler joined Phytech's board as part of the transaction.

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 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 Fortna to Accelerate Growth

March 27, 2019

Logistics & Distribution

Fortna, a global distribution automation, engineering services and warehouse software provider based in Reading, Pennsylvania, has entered into a recapitalization agreement with funds affiliated with Thomas H. Lee Partners (THL). The investment will support Fortna's growth strategy, including potential M&A, capability expansion and continued geographic expansion; terms were not disclosed.

Thomas H. Lee Partners Majority Investment in inriver

May 19, 2022

Cloud & SaaS

Thomas H. Lee Partners (THL) has made a majority growth investment in inriver, a Malmö-headquartered provider of product information management (PIM) software. The capital will support inriver's product innovation and go-to-market expansion across North America and Europe; Verdane will remain a significant minority shareholder. The deal was announced May 19, 2022 and was expected to close in Q2 2022.