Investment Summary

Thomas H. Lee Partners Invests In Ashling Partners

On February 8, 2021, private equity firm Thomas H. Lee Partners invested in information technology company Ashling Partners

Investment Highlights
  • This is Thomas H. Lee Partners’ 7th transaction in the Information Technology sector.
  • This is Thomas H. Lee Partners’ 66th transaction in the United States.
  • This is Thomas H. Lee Partners’ 3rd transaction in Illinois.

Investment Summary
Date 2021-02-08
Target Ashling Partners
Sector Information Technology
Investor(s) Thomas H. Lee Partners
Deal Type Growth Capital
Advisor(s) Horwood Marcus & Berk (Legal)

Target

Ashling Partners

Chicago, Illinois, United States
Ashling Partners is a professional services & technology firm that drives efficiency gains and process improvement through Robotic Process Automation (RPA), Process Discovery, and targeted Artificial Intelligence (AI). Ashling Partners was founded in 2017 and is based in Chicago, Illinois.

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Investor(S) 1

Investor

Thomas H. Lee Partners

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1974
PE ASSETS 35.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Thomas H. Lee Partners (THL) is a private equity firm that seeks buyout, expansion, consolidation, distressed, and recapitalization investments across various industries. Sectors of interest include business and information services, consumer products/retail, financial services, healthcare, industrial, and media/communications. THL looks to invest $100 to $400 million in companies valued up to $2.5 billion. THL was formed in 1974 and is based in Boston, Massachusetts.

DEAL STATS #
Overall 77 of 90
Sector (Information Technology) 7 of 8
Type (Growth Capital) 7 of 8
State (Illinois) 3 of 4
Country (United States) 66 of 77
Year (2021) 1 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-24 CSafe Global

Monroe, Ohio, United States

CSafe Global is a provider of cold chain packaging solutions that address the global supply chain needs of the biopharmaceutical industry. CSafe Global’s climate-controlled containers are designed to maintain high-value and temperature-sensitive biopharmaceutical cargo at precise temperatures for extended periods of time and in extreme external conditions. CSafe Global is based in Monroe, Ohio.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-10 CARET

San Diego, California, United States

CARET is a vertical SaaS provider for compliance-focused professional services markets. Our purpose-built cloud infrastructure puts customers’ business data and vital applications into a virtual workspace that is accessible anywhere, anytime and from any device, enabling small and midsize legal and accounting firms to grow an efficient, secure, client-focused practice. CARET was founded in 1983 and is based in San Diego, California.

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Mergr

Product

Company

Legal