TowerBrook Capital completed the acquisition of a majority stake in LiftWerx.

TowerBrook Capital, an international investment firm, completed the acquisition of a majority stake in LiftWerx, an operations and maintenance services provider to the onshore wind industry. Financial terms were not disclosed. “We are thrilled to partner with the founders and leadership team of LiftWerx to support the company through its next phase of growth. Thanks to its innovative and proprietary uptower crane technology and industry-leading service teams, LiftWerx has become a dominant force among wind O&M independent service providers in less than a decade, working with a loyal and growing customer base that includes some of the largest blue-chip original equipment manufacturers and owner operators. LiftWerx provides a solution that is not only faster and cheaper than the existing alternatives but is also safer and more environmentally friendly, helping to drive the energy transition,” Alex Nisichenko, TowerBrook Managing Director.