– THL Partners announced the final close of its flagship fund, THL Equity Fund X, with $6.35 billion in investable capital.
– Fund X attracted strong backing from a diverse global investor base, including public and corporate pension funds, sovereign wealth funds, financial institutions, and family offices across North America, Latin America, Europe, Asia, Australia, and the Middle East.
– The fund continues THL’s strategy of investing in middle-market companies across three core sectors: Financial Technology & Services, Healthcare, and Technology & Business Solutions.
– Investment approach is driven by the Identified Sector Opportunity (ISO) strategy, targeting subsectors where THL has deep expertise, strong relationships, and differentiated sourcing capabilities.
– THL combines its sector-focused model with operational support through its Strategic Resource Group (SRG), which works directly with portfolio company management teams to execute value creation and growth plans.
– Co-CEO Todd Abbrecht highlighted that the firm’s sector focus and operational engagement support sustainable growth and long-term value creation.
– Co-CEO Scott Sperling emphasized strong ongoing relationships with long-standing investors and welcomed new limited partners into Fund X.
– Since 1974, THL has invested over $50 billion in equity capital, partnered with more than 175 portfolio companies globally, and completed over 700 add-on acquisitions representing more than $260 billion in aggregate enterprise value.
