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THL.Org Our Leadership

Middle-market private equity with buy-and-build

Overview

THL is a private equity firm that targets middle-market companies in Financial Services, Healthcare, and Technology & Business Solutions. It uses a buy-and-build strategy: acquire a platform company and then add-on acquisitions to fuel growth, often taking controlling stakes and partnering with management. THL manages funds including a flagship buyout fund and an Automation Fund, earning management fees and carried interest from successful investments. Its goal is to build scalable platforms, grow portfolio companies over the long term, and deliver value for its investors.

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About THL.Org Our Leadership

Simplify's Rating
Why THL.Org Our Leadership is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Enterprise SoftwareFinancial ServicesHealthcare

Company Size

51-200

Company Stage

N/A

Total Funding

$295.2M

Headquarters

Alpharetta, GA

Founded

2014

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What believers are saying

  • THL added Dave Guilmette on April 14, 2026, deepening healthcare and benefits sourcing.
  • THL acquired Queue-it on August 18, 2026, expanding global software exposure.
  • THL completed the AMI sale in 2026, proving exit execution and recycling capital.

What critics are saying

  • Fund X’s larger pool pressures THL to chase bigger, pricier deals by 2027.
  • Private equity exits remain blocked; AMI’s sale only came in August 2026.
  • A bad underwriting cycle can strand Fund X performance, damaging fundraising and talent retention.

What makes THL.Org Our Leadership unique

  • THL closed Fund X at $6.35 billion on May 4, 2026.
  • THL still executes buy-and-build across healthcare, technology, and financial services.
  • THL’s Automation Fund II targets software, orchestration, and intelligent automation niches.

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Funding

Total Funding

$295.2M

Above

Industry Average

Funded Over

0 Rounds

Company News

THL
Nov 6th, 2026
Thomas H. Lee Partners Completes Acquisition of Majority Interest in Ten-X - THL

IRVINE, CA & BOSTON, MA – Thomas H. Lee Partners, L.P. (“THL”), a premier private equity firm investing in middle market growth companies, announced today that it has closed the acquisition of a majority interest in Ten-X, LLC (the “Company” or “Ten-X”), the nation’s leading online real estate marketplace. Members of Ten-X’s senior management team, […]

Associated Press
Oct 19th, 2026
THL Partners hires H.I.G. Capital's Bruce Robertson to lead medtech investing in healthcare team

THL Partners, a Boston private equity firm that invests in middle-market growth companies, has hired Bruce Robertson as a managing director on its healthcare investment team. He will focus on medtech products and on life science tools and diagnostics. Robertson joins from H.I.G. Capital, where he was a managing director leading investments in medical devices, digital health, and diagnostics. His past deals include Intact Vascular, Vesper Medical, Apollo Endosurgery, Vertiflex, Neuwave Medical, and RxSight. "Bruce's ability to assess both the technology behind a product and the business opportunity around it will be a tremendous asset to our team," said Joshua Nelson, head of healthcare at THL. THL has deployed over $8.7 billion in healthcare. It recently closed its tenth flagship fund with $6.35 billion in investable capital.

THL
Sep 24th, 2026
Bazaarvoice Announces Majority Investment from Thomas H. Lee Partners - THL

Bazaarvoice today announced a majority investment from Thomas H. Lee Partners, L.P. (“THL”), a premier private equity firm investing in growth companies. AUSTIN, Texas, March. 26, 2021– Bazaarvoice, Inc., the leading provider of product reviews and user-generated content (UGC) solutions, today announced a majority investment from Thomas H. Lee Partners, L.P. (“THL”), a premier private […]

THL
Sep 24th, 2026
RightHand Robotics Secures $66 Million in Series C Funding - THL

Safar Partners, Thomas H. Lee Partners L.P., and SoftBank Vision Fund 2 lead the investment. BOSTON, February 23, 2022 – RightHand Robotics, a leader in data-driven, autonomous robotic picking solutions for order fulfillment, announces today that it has secured $66 million in a Series C financing led by top growth investors: Safar Partners, a technology venture fund; Thomas […]

THL
Sep 24th, 2026
Ashling Partners Announces Growth Capital Investment by Thomas H. Lee Partners - THL

Investment will support growth in the U.S. and Internationally, expand automation offerings and support M&A CHICAGO & BOSTON–(BUSINESS WIRE)–Ashling Partners, LLC (“Ashling” or the “Company”), an award-winning service provider in the rapidly growing intelligent automation market and Thomas H. Lee Partners, L.P. (“THL”), a premier private equity firm investing in growth companies, today announced the […]

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