Investment Summary

TowerBrook Capital Partners Invests In ECIT

On September 4, 2024, private equity firm TowerBrook Capital Partners invested in business services company ECIT

Investment Highlights
  • This is TowerBrook Capital Partners’ 14th transaction in the Business Services sector.
  • This is TowerBrook Capital Partners’ 1st transaction in Norway.

Investment Summary

Date 2024-09-04
Target ECIT
Sector Business Services
Investor(s) TowerBrook Capital Partners
Deal Type Stake Purchase
Advisor(s) SpareBank 1 Markets (Financial)
Wikborg Rein & Co. (Legal)

Target

ECIT

Fornebu, Norway
ECIT offer high competence and products within accounting, payroll, IT and business solutions. ECIT was founded in 2013 and is based in Fornebu, Norway.

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Investor(S) 1

Investor

TowerBrook Capital Partners

New York, New York, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2001
PE ASSETS 22.8B 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 98 of 101
Sector: Business Services M&A 14 of 16
Type: Stake Purchase M&A Deals 12 of 12
Country: Norway M&A 1 of 1
Year: 2024 M&A 7 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-08-01 R1 RCM

Murray, Utah, United States

R1 RCM is a provider of services and technology to healthcare providers. The Company helps clients strengthen their financial stability and deliver better care at a more affordable cost to the communities they serve, increasing healthcare access for all. R1 RCM was founded in 2003 and is based in Murray, Utah.

Buy $8.9B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-10-03 The Learning Network

Kampen, Netherlands

The Learning Network is a provider of value-added content and services to schools and higher education institutions in the Netherlands. The company sells, leases and distributes educational materials (both physical books and digital content) to over 780 educational institutions and 1.3 million students in the Benelux region. The Learning Network is based in Kampen, Netherlands.

Sell -