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New Deal


Announced

Completed

Thomas H. Lee Partners completed the investment in Ashling Partners.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
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Tags

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Domestic

United States

intelligent automation

Private Equity

Single Bidder

Minority

Private

IT Services: Other

Acquisition

Friendly

Completed

Synopsis

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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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