TowerBrook Acquires Majority Stake in TXO

TXO Adds AirWay Group in US Expansion

April 8, 2025

Telecommunications

TXO, a PE-backed global technology lifecycle services platform, has acquired the AirWay Group to expand its North American presence and broaden lifecycle management, staging, logistics, and network engineering capabilities. AirWay — which operates an R2/ISO-certified facility in Hebron, Kentucky and serves more than 250 telecom and broadband customers worldwide — will operate under the AirWay name while integrating with TXO's global platform.

TowerBrook Capital Partners Makes Majority Investment in JSM Group Services Ltd.

July 29, 2024

Infrastructure

TowerBrook Capital Partners L.P. has made a majority equity investment in JSM Group Services Ltd., a UK independent connections provider focused on high-voltage works and communications infrastructure for data centers, renewables and battery storage. The deal will support JSM's continued UK growth, international expansion into Europe and further development of its power and communications capabilities.

TowerBrook Capital Partners Acquires Majority Stake in LiftWerx

June 17, 2024

Renewable Energy

TowerBrook Capital Partners has made a majority equity investment in LiftWerx Holdings Inc., a Canada-based provider of turnkey operations and maintenance (O&M) services to the onshore wind industry. The investment — the third for TowerBrook Delta, the firm’s impact strategy — will support LiftWerx’s fleet expansion, hiring and service-capability growth across North America.

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.

TowerBrook Makes Strategic Growth Investment in Envevo

April 24, 2023

Engineering Services

TowerBrook Capital Partners has made a strategic investment in Envevo, a UK-based provider of EV charging design and installation engineering services, as one of the first investments for its dedicated impact strategy. The capital will support Envevo’s accelerated growth and expansion as the UK transitions to net zero; TowerBrook replaces BW Ventures LLP as an investor.

EQT (via Otello BidCo AB) Acquires OX2 AB

October 8, 2024

Energy

EQT Infrastructure VI, through acquisition vehicle Otello BidCo AB, completed a recommended public offer to acquire 100% of OX2 AB at SEK 60 per share and now controls 98.81% of the company; OX2 has applied for delisting from Nasdaq Stockholm. EQT says it will support OX2's evolution from a pure developer to an integrated renewables developer and asset owner and provide additional investment to grow the company's pipeline across onshore/offshore wind, solar and storage.