Investment Summary

Cohesive Capital Partners and TowerBrook Capital Partners Invest In Battea

On November 3, 2021, private equity firms Cohesive Capital Partners and TowerBrook Capital Partners invested in financial services company Battea

Investment Highlights
  • This is Cohesive Capital Partners’ 1st and TowerBrook Capital Partners’ 6th transaction in the Financial Services sector.
  • This is Cohesive Capital Partners’ 24th and TowerBrook Capital Partners’ 38th transaction in the United States.
  • This is Cohesive Capital Partners’ 1st and TowerBrook Capital Partners’ 2nd transaction in Connecticut.

Investment Summary

Date 2021-11-03
Target Battea
Sector Financial Services
Investor(s) Cohesive Capital Partners
TowerBrook Capital Partners
Deal Type Growth Capital
Advisor(s) Olshan Frome Wolosky (Legal)

Target

Battea

Stamford, Connecticut, United States
Battea is a provider of securities claims management services to nearly 1,000 global financial institutions, including many of the world’s largest banks, hedge funds, asset managers and buy-side investors. Battea was founded in 1997 and is based in Stamford, Connecticut.

Search 201,292 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Investor(S) 2

Investor
DESCRIPTION

Cohesive Capital Partners is private equity co-investment firm. The Firm looks to invest and work alongside deal sponsors in small to mid-sized companies and will consider businesses operating in any sector. Prospective deal situations include buyouts, growth equity financings, and other opportunistic situations. Cohesive Capital Partners was formed in 2010 and is based in New York City.


DEAL STATS #
Overall 26 of 32
Sector (Financial Services) 1 of 1
Type (Growth Capital) 9 of 10
State (Connecticut) 1 of 1
Country (United States) 24 of 30
Year (2021) 5 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-20 ScalePad

Vancouver, British Columbia, Canada

ScalePad provides a SaaS platform that automates hardware, software, and warranty asset lifecycle management for MSPs. ScalePad helps MSPs easily identify and prioritize their asset risks and revenue-generating opportunities. The insightful reports not only communicate asset status to customers but also drive them to make important IT investments to improve their environment. ScalePad was formed in 2015 and is based in Vancouver, British Columbia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-03 Beekman 1802

Schenectady, New York, United States

Beekman 1802 is a goat milk-based skincare company that operates certified microbiome-friendly brand at Ulta stores for the moisturizing, exfoliation, and nourishing properties of the goat milk found in their products across the board. Beekman 1802 was formed in 2008 and is based in Schenectady, New York.

Buy $92M
Investor

TowerBrook Capital Partners

New York, New York, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2001
PE ASSETS 17.4B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

TowerBrook Capital Partners is a private equity firm focused on leveraged buyouts, leveraged build-ups and distressed situation investments throughout North America and Europe. TowerBrook prefers control-oriented investments and actively pursues complex situations that other firms may avoid. Target sectors include consumer services, distribution, beverages, pharmaceuticals, media, technology, communications, software, and healthcare. TowerBrook Capital Partners was established in 2001 and is headquartered in New York City.


DEAL STATS #
Overall 83 of 99
Sector (Financial Services) 6 of 7
Type (Growth Capital) 8 of 12
State (Connecticut) 2 of 2
Country (United States) 38 of 44
Year (2021) 10 of 11
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-25 IGNITE Fitness Holdings

Orange, Connecticut, United States

IGNITE Fitness Holdings is one of the largest Planet Fitness franchises in North America, operating over 120 gyms in the U.S. and Canada serving more than 670,000 members. With c. 18.1 million members and 2,440+ stores worldwide. The company’s mission is to enhance people’s lives by providing a high-quality fitness experience in a welcoming, non-intimidating environment. IGNITE Fitness Holdings was founded in 2003 and is based in Orange, Connecticut.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-17 PT Solutions

Atlanta, Georgia, United States

PT Solutions is a provider of physical therapy services through stand-alone, outpatient physical therapy clinics, hospitals, physician groups, and other partners. PT Solutions was founded in 2003 and is based in Atlanta, Georgia.

Buy -