TowerBrook Capital Partners completed the acquisition of a majority stake in TXO.

TowerBrook Capital Partners, an investment firm, completed the acquisition of a majority stake in TXO, a provider of telecom asset management and asset disposal services. Financial terms were not disclosed. “We are thrilled to announce our partnership with TXO, one of our first investments in our dedicated impact strategy. TXO is a great example of a high-impact business model with a complementary focus on societal and financial value creation. TXO is a market-leading business, growing strongly and profitably, and is led by a committed and talented management team. We are excited to support TXO in accelerating their growth and impact, while also generating positive returns for our investors," Gordon Holmes, TowerBrook Managing Director and Chief Investment Officer.