TXO is a provider of telecom network hardware and asset management services and has a global presence, as well as sites in Chepstow and Solihull. It provides clients with services for the sourcing, maintenance, reuse, recycling and disposal of their communications infrastructure, which supports TowerBrook’s impact strategy, targeting purpose-driven businesses with meaningful and positive impact for community and society.
The shareholders of TXO were advised by Capital Law’s Angelina Drljaca-Chandler, Melanie Williams, Sarah Hale, Hakeem Din, Alex Prothero, Nadira Islam and Nicole Crumbie.
Angelina Drljaca-Chandler, Capital Law’s corporate & private equity partner, said:
It has been a real pleasure acting for the shareholders of TXO on this deal. The founders and the management team have built a great business which this transaction shows, and we wish them all the best as they work with TowerBrook to continue the growth.
TXO group chief executive Darren Pearce, said:
We are immensely proud that TXO has developed into one of the largest and most respected solution providers in critical telecom network hardware and asset management services, with sustainability in our core values from the very beginning.
With the opportunity to accelerate our international journey and expand our customer offering, while remaining anchored in our sustainability values, we are delighted to embark on this journey with TowerBrook.
TXO were advised by Capital Law who provided a clear path throughout the transaction and consistently rallied the right resources and knowledge to every step of the transaction. The team led by Angelina were there to support and provide the right guidance which delivered a fabulous transaction. A sincere thank you from the shareholders and management of TXO.
London and New York-based TowerBrook is one of the first mainstream private equity firms to be certified as a B Corporation and will support in the continued scaling of TXO via international expansion and strategic acquisitions such as this.