M&A Deal Summary

TowerBrook Capital Partners Acquires LiftWerx

On June 17, 2024, private equity firm TowerBrook Capital Partners acquired business services company LiftWerx

Acquisition Highlights
  • This is TowerBrook Capital Partners’ 13th transaction in the Business Services sector.
  • This is TowerBrook Capital Partners’ 1st transaction in Canada.
  • This is TowerBrook Capital Partners’ 1st transaction in Ontario.

M&A Deal Summary
Date 2024-06-17
Target LiftWerx
Sector Business Services
Buyer(s) TowerBrook Capital Partners
Deal Type Buyout (LBO, MBO, MBI)

Target

LiftWerx

Cambridge, Ontario, Canada
LiftWerx is an independent service provider of turnkey, mission-critical operations and maintenance (O&M) services to the onshore wind industry specializing in the replacement of major components of wind turbines, such as gearboxes, main bearings, and generators. LiftWerx was founded in 2016 and is based in Cambridge, Ontario.

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Buyer(S) 1

Buyer

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 95 of 99
Sector (Business Services) 13 of 13
Type (Buyout (LBO, MBO, MBI)) 35 of 35
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2024) 2 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-02-06 CBTS

Cincinnati, Ohio, United States

CBTS is a provider of IT services and solutions focused on enterprise and upper-middle-market customers. Combining deep technical expertise with a full suite of flexible technology solutions, CBTS serves over 3,000 customers in all industries across the United States and Canada. CBTS was founded in 1994 and is based in Cincinnati, Ohio.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-03 AQUAchiara

Paris, France

AQUAchiara is a provider of micro-filtered water dispenser solutions for hotels, restaurants, and corporate clients. AQUAchiara was founded in 2007 and is based in Paris, France.

Buy -
Mergr

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