🠈  Thomas H. Lee Partners  🠊

Thomas H Lee Partners

Thomas H. Lee Partners is a private equity firm based in Boston with several billion in assets. The company specializes in leveraged buyouts. When I visited the site in 2019, they listed 30 active investments and 100 retired investments. The site does not not indicate the size of the investments.

Corporate Events

The primary source of this investment list came from the site's list of historic investments. I will add additional information for select investments:

• 1983: THL invested in Carlin Foods Corporation.
  • Divested
• 1984: THL invested in Chadwick-Miller, Inc..
  • Divested
• 1984: THL invested in Federal Communication Corporation.
  • Divested
• 1984: THL invested in Kelley Manufacturing Co..
  • Divested
• 1985: THL invested in Corhart Refractories Corporation.
  • Divested
• 1985: THL invested in J. Baker, Inc..
  • Divested
• 1985: THL invested in Sterling Jewelers , Inc..
  • 1987: The Ratner Group (later rebranded as Signet) acquired Sterling.
• 1986: THL invested in Amerace Corporation.
  • Divested
• 1986: THL invested in Black Oak Industries.
  • Divested
• 1986: THL invested in United Cape Cod Cranberry.
  • Divested
• 1987: THL invested in Image Carpets Inc..
  • Divested
• 1987: THL invested in Marson-Marvel.
  • Divested
• 1987: THL invested in Panache Broadcasting, L.P..
  • Divested
• 1987: THL invested in Perseus Oil, L.P..
  • Divested
• 1988: THL invested in Signature Brands USA, Inc..
  • Divested
• 1989: THL invested in General Nutrition Centers, Inc..
  • Divested
• 1990: THL invested in Anchor Advanced Products, Inc..
  • Divested
• 1990: THL invested in Big V Supermarkets.
  • Divested
• 1990: THL invested in CST Office Products, Inc..
  • Divested
• 1990: THL invested in Fine Clothing/Oxxford.
  • Divested
• 1991: THL invested in EquiCredit.
  • Divested
• 1992: THL invested in Autotote.
  • Divested
• 1992: THL invested in Continental Cablevision Inc..
  • Divested
• 1992: THL invested in First Alert, Inc..
  • Divested
• 1992: THL invested in Ghirardelli.
  • Divested
• 1992: THL invested in Snapple.
  • Divested
• 1992: THL invested in Sun Pharmaceuticals.
  • Divested
• 1993: THL invested in Finlay Enterprises.
  • Divested
• 1993: THL invested in LaSalle Re Limited.
  • Divested
• 1993: THL invested in TAC Bancshares.
  • Divested
• 1994: THL invested in Celpage.
  • Divested
• 1994: THL invested in Restaurants Unlimited / Cinnabon.
  • Divested
• 1994: THL invested in Select Beverages Inc..
  • Divested
• 1994: THL invested in Thermoscan Inc..
  • Divested
• 1995: THL invested in Livent Inc..
  • Divested
• 1995: THL invested in PriCellular Corporation.
  • Divested
• 1996: THL invested in Experian Information Solutions, Inc..
  • Divested
• 1996: THL invested in HomeSide, Inc..
  • Divested
• 1996: THL invested in Rayovac Corporation.
  • Divested
• 1996: THL acquired Safelite Glass Corp from Forstmann, Little and Co...
  • Divested
• 1996: THL invested in Smith and Wollensky Restaurant Group.
  • Divested
• 1997: THL invested in DecisionOne Holdings Corporation.
  • Divested
• 1997: THL invested in Sneaker Stadium, Inc..
  • Divested
• 1997: THL invested in Syratech Corporation.
  • Divested
• 1997: THL invested in The Learning Company, Inc..
  • Divested
• 1997: THL invested in TransWestern Publishing, LLC.
  • Divested
• 1997: THL invested in Tucker Anthony Sutro.
  • Divested
• 1998: THL invested in Affordable Residential Communities.
  • Divested
• 1998: THL invested in Cott Corporation.
  • Divested
• 1998: THL acquired Eye Care Centers of America for $300 million. THL expanded chain from 243 to 378 stores
  • 1999: ECCA acquired World Vision.
  • 1999: ECCA acquired Stein Optical.
  • 1999: ECCA acquired Eye DRx.
  • 2004: Moulin International Holdings Ltd. and Golden Gate Capital acquired ECCA, which had 378 stores for $450 million in a transaction financed by JP Morgan.
• 1998: THL invested in Fisher Scientific International, Inc..
  • Divested
• 1998: THL invested in Metris Companies, Inc..
  • Divested
• 1999: THL invested in Big Flower Holdings, Inc..
  • Divested
• 1999: THL invested in Conseco, Inc..
  • Divested
• 1999: THL invested in LiveWire Corporation.
  • Divested
• 1999: THL invested in ProcureNet.
  • Divested
• 1999: THL invested in Spectrum Brands Inc..
  • Divested
• 1999: THL invested in Tibbar, LLC.
  • Divested
• 1999: THL invested in Wyndham International, Inc..
  • Divested
• 2000: THL invested in CTC Communications.
  • Divested
• 2000: THL invested in Digital Broadband.
  • Divested
• 2000: THL invested in Fairpoint Communications.
  • Divested
• 2000: THL invested in US LEC.
  • Divested
• 2001: THL invested in Allied World Assurance.
  • Divested
• 2001: THL invested in AXIS Capital Holdings.
  • Divested
• 2001: THL invested in Endurance Specialty.
  • Divested
• 2002: THL invested in Houghton Mifflin.
  • Divested
• 2002: THL invested in National Waterworks.
  • Divested
• 2003: THL invested in American Media Inc..
  • Divested
• 2003: THL invested in Michael Foods.
  • Divested
• 2003: THL invested in ProSiebenSat.1 Media.
  • Divested
• 2003: THL invested in Simmons Bedding Company.
  • Divested
• 2004: THL invested in Frontline Management.
  • Divested
• 2004: THL invested in Nortek.
  • Divested
• 2004: THL invested in Progressive Moulded Products.
  • Divested
• 2004: THL invested in Refco Group Ltd..

  Refco was a commodities trader that collapsed due to a huge accounting scandal.

  • 1969 by Raymond Earl Friedman establishe Refco
  • 2005: THL held an IPO for Refco at $30 per share. It rose to $47.35.
  • 2005: Refco disclosed $430 million in hidden debt and filed chapter 11. The stock collapses to $0.45 before being delisted.
  • 2005: Goldman Sachs acquired Refco's futures-trading division for $768 in bankruptcy sale.
• 2004: THL invested in Warner Music Group.
  • Divested
• 2005: THL invested in Arden Holdings.
  • Divested
• 2005: THL invested in Grupo Corporativo ONO.
  • Divested
• 2005: THL invested in Warner Chilcott.
  • Divested
• 2006: THL invested in Hawkeye Renewables.
• 2006: THL invested in Cumulus Media Inc..
  • Divested
• 2006: THL invested in Dunkin' Brands.
  • Divested
• 2006: THL invested in Sedgwick CMS.
  • Divested
• 2006: THL invested in The Nielsen Company.
  • Divested
• 2006: THL invested in West Corporation.
  • Divested
• 2007: THL invested in Ceridian Corporation.
• 2007: THL invested in Univision Communications.
• 2007: THL invested in Aramark Corporation.
  • Divested
• 2007: THL invested in FleetCor.
  • Divested
• 2008: THL invested in iHeartMedia, Inc..
• 2008: THL invested in MoneyGram International.
• 2009: THL invested in Fidelity Information Services.
  • Divested
• 2010: Lee Equity Partners acquired Papa's Murphy's Pizza.
  • 2014: Papa Murphy had a mock IPO. The IPO paid a divident to the owners of the preferred stock ... Lee.
  • 2019: MTY Group of Canada bought Papa Murphy's.
• 2010: THL invested in Syneos Health.
• 2010: THL invested in Intermedix Corporation.
  • Divested
• 2010: THL invested in Systems Maintenance Services.
  • Divested
• 2010: THL invested in Umpqua Holdings Corporation.
  • Divested
• 2011: THL invested in Acosta.
  • Divested
• 2011: THL invested in Agencyport Software.
  • Divested
• 2011: THL invested in First Bancorp.
  • Divested
• 2012: THL invested in Party City.
  • 2015: Party City held an IPO.
• 2012: THL invested in Fogo de Chão.
  • Divested
• 2013: THL invested in CTI Foods.
• 2013: THL invested in Office Depot.
  • Divested
• 2014: THL acquired 1-800 CONTACTS, based in Draper, Ut.
  • 2016: AEA Investors acquired a majority stake in 1-800-Contacts.
• 2014: THL invested in Phillips Pet Food & Supplies.
• 2014: THL invested in Prime Risk Partners.
• 2014: THL invested in ServiceLink.
• 2014: THL invested in Black Knight.
  • Divested
• 2015: THL invested in Bargain Hunt.
• 2015: THL invested in Healthcare Staffing Services (HSS).
• 2015: THL invested in Curo Health Services.
  • Divested
• 2016: THL invested in CSafe.
• 2016: THL invested in Give and Go.
• 2016: THL invested in PCI Pharma Services.
• 2016: THL invested in Professional Physical Therapy (ProPT).
• 2016: THL invested in System One.
• 2016: THL invested in ABM.
  • Divested
• 2017: THL invested in Art Van Furniture.
• 2017: THL invested in Auction.com.
• 2017: THL invested in Material Handling Systems, Inc..
• 2017: THL invested in Ten-X Commercial.
• 2018: THL invested in 8th Avenue Food & Provisions.
• 2018: THL invested in Alfresco Software, Inc..
• 2018: THL invested in Guaranteed Rate.
• 2018: THL invested in HighTower Advisors.
• 2018: THL invested in Juvare.
• 2019: THL invested in Agiliti Health, Inc..
• 2019: THL invested in Fortna.
• 2019: THL invested in The Dun and Bradstreet Corporation.

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References:

1. Market Watch - Beleaguered Refco (Drawn 6/2/2019)

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