Announced
Completed
Financials
Tags
Domestic
United States
intelligent automation
Private Equity
Single Bidder
Minority
Private
IT Services: Other
Acquisition
Friendly
Completed
Synopsis
Thomas H. Lee Partners, an American private equity firm, completed the investment in Ashling Partners, a service provider for intelligent automation market. Financial terms were not disclosed. “As much as intelligent automation and RPA has grown over the last few years due to many organizations recognizing the value and resilience that their automation program can drive, we believe the future will require even more breadth and innovation. The investment and partnership with THL not only enables our global scale, but it also helps to expand our broader intelligent automation capabilities and enables quicker time-to-market on creating reusable products and bringing concepts of leverage to life,” Marshall Sied, Ashling Partners Co-Founder.
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