TowerBrook acquires a majority interest in MSA Mizar through a strategic partnership with Columna Capital and Giovanni Campus

Acquisition will support the Group’s next phase of Pan-European growth

Milan, January 21 2026 – TowerBrook, Columna Capital and Giovanni Campus, Entrepreneur and Executive Chairman, announce the establishment of a new partnership to support the continued development of MSA Mizar (the “Group” or the “Company”), a tech-enabled, end-to-end insurance claims management services provider headquartered in Milan, Italy, with operations across Spain, France, Belgium and Switzerland.

TowerBrook will join the shareholding structure as the majority owner, operating alongside existing investors Columna Capital and Giovanni Campus, who will reinvest and retain a significant minority interest. The management team will continue to be led by Group CEO Antonio Marchitelli, with Giovanni Campus continuing in his role as Executive Chairman, ensuring full entrepreneurial and operational continuity.

Founded in 1979, MSA Mizar is a fast-growing insurance claims management and third-party claims administration platform, specialising in high-frequency motor and property claims and delivering high-quality, end-to-end services through its proprietary technology platform. Since 2022, the Group has been backed by Columna Capital to accelerate growth, combining strong organic expansion with an active buy-and-build strategy. During this period, MSA Mizar has completed ten strategic acquisitions, expanded its offering into adjacent claims segments, entered new European geographies and continued to invest significantly in technology and operational capabilities. Today, the Group operates in six European countries, manages over 850,000 claims annually and employs approximately 850 people.

The transaction, which is subject to customary regulatory approvals, marks a significant new phase in the Group’s development. The new partnership aims to bring together complementary expertise and resources, allowing MSA Mizar to further strengthen its technology and AI-based capabilities, pursue selective M&A opportunities and continue scaling its service offerings.

The Group will benefit from TowerBrook’s deep expertise in insurance and technology-enabled business services, as well as its significant capital and strategic capabilities to support international expansion and continued consolidation in the sector. This transaction follows on TowerBrook’s long-held thematic pursuit of creating a pan-European insurance claims management leader, capitalising on the sector’s technological innovation and deployment of AI in insurance claims, secular tailwinds and significant opportunities for M&A. Columna Capital remains closely involved as a long-term partner, continuing to support management alongside TowerBrook.

Antonio Marchitelli, CEO of MSA Mizar, commented: “The partnership with TowerBrook allows the Group to build on the development path started with Columna Capital, which has supported MSA Mizar in achieving double digit year-on-year growth and will continue to contribute shaping our future. At the same time, this transaction will give us access to a significant pool of resources and expertise, leveraging the multidisciplinary background of TowerBrook’s investment team. The new shareholding structure reflects the strategic continuity of our industrial project, based on innovation, execution capabilities and international ambition.

Nikolay Skibnevsky of TowerBrook commented: “We are excited to be partnering with the exceptional team led by Giovanni Campus and Antonio Marchitelli to support MSA Mizar on its next stage of growth. MSA Mizar’s client focus, quality of technological assets, track record of innovation, as well as strong organic growth, profitability and proven M&A capabilities position the Company well to become the insurance claims technology leader in Europe.

Paolo De Bona of TowerBrook added: “MSA Mizar is our first investment headquartered in Italy, which marks an important milestone in our expanding European footprint, reflecting the momentum we’ve built since opening our Milan office last year.

Andrea Frecchiami, Partner at Columna Capital, commented: “We are proud to have supported MSA Mizar’s growth from a leading Italian provider of insurance claims management to a top pan-European industry player. Since our initial investment nearly four years ago, MSA Mizar has completed transformative platform acquisitions, entered the Swiss and Belgian markets, significantly expanded operations in Spain and France and recorded a revenue increase of more than 4x, a testament to the success of our buy-and-build strategy.

Gemma Zaino, Managing Director at Columna Capital, added: “We are confident that TowerBrook is the best partner for the next step in our long-term partnership with MSA Mizar and its team. We look forward to continuing to be a part of this Group’s exciting story.

Giovanni Campus, Executive Chairman of MSA Mizar, commented: “Together with TowerBrook and Columna, I am confident that the Group’s growth journey will be even stronger. I have been deeply impressed by the expertise, commitment, and networking capabilities of their teams, and I therefore look forward to continuing to contribute in my role as Executive Chairman.

MSA Mizar and Columna Capital were advised by Mediobanca as financial advisor, LMS as legal advisor, PwC as financial and technology, NCTM as tax and Oliver Wyman as commercial due diligence advisors. TowerBrook was advised by Lazard and Macquarie Capital as financial advisors, Chiomenti and Fried Frank as legal advisors, and Alvarez & Marsal, PwC and Capstone as commercial, financial, operational, technology, legal, tax and regulatory due diligence advisors.

Financial terms of the transaction were not disclosed.


MSA Mizar

MSA Mizar is the holding company of a European claims management group, originally founded by Salvatore Campus with the creation of MSA-Multi Serass. The Group has since expanded to operate across Europe, with reported revenues of €135 million as at December 31st, 2024.
In Italy, MSA Mizar is the only provider able to deliver outsourced services across the full claims management value chain. The Group encompasses nine highly integrated specialist companies, each focused on a distinct area of the process, spanning portfolio operations, claims handling, trustee and governing body services, recovery management, civil and criminal litigation, and hail damage claims, including MSA-Multi Serass, N4C, Legalade, RipArte, Acclàims and Dottor Hail.
The Group is also supported by Mizar Tech, a dedicated technology centre responsible for the development of proprietary IT solutions and digital platforms offered to corporate clients, including on a SaaS basis.
In 2024, MSA Mizar expanded into the Spanish Property & Casualty claims market through the acquisition of company Veta+, and further strengthened its presence in France with the acquisition of IMS. In 2025, the Group continued its expansion with the acquisitions of MedExpert and Dells Angels.

Columna Capital
Columna Capital is a London-based entrepreneurial lower mid-market private equity firm with an investment focus in Spain, France, Italy and Switzerland. Founded in 2009 and led by four partners, the Columna team consists of an engaged group of professionals that actively support dedicated management teams and entrepreneurs to drive organic growth and execute on strategic consolidation opportunities. Typically, Columna invests in companies with up to €100 million in revenue and significant growth potential and has a sector focus in (i) healthcare and well-being, (ii) animal health, (iii) financial and business services, as well as (iv) agri-food.
For more information, please visit: www.columnacapital.com

TowerBrook
TowerBrook is a modern value investor focused primarily on transforming services businesses across four sectors in Europe and North America: business services, consumer products and services, financial services and healthcare. It champions founders, entrepreneurs and management teams as they grow and transform their companies, helping them become long-lasting leaders in their industries. The firm is an experienced investor across the financial services, insurance, and tech-enabled services sectors, with investments such as The AA, Premium Credit, and others. It develops theses with intentionality and looks to build companies that deliver meaningful customer and shareholder value.
TowerBrook invests through private equity, structured opportunities, growth & impact, and strategic partnerships, offering flexibility across the capital structure, and has over $26 billion of assets under management.
It takes an entrepreneurial, multinational, single-team approach and has invested in more than 115 companies on both sides of the Atlantic since inception in 2000.
TowerBrook is the first mainstream private equity firm to be certified as a B Corporation, demonstrating leadership in commitment to responsible business practices.

Media contacts:

TowerBrook:
Prosek Partners
pro-towerbrook@prosek.com

Columna Capital:
Brackendale Consulting
Fabio Galloni-Roversi Monaco – fabio@brackendaleconsulting.com
+44 (0)7517 192047

MSA Mizar
Tommasina Cazzato: tommasina.cazzato@msamizar.com
LP Comunicazione
Lea Calvo Platero: lea.platero@lpcomunicazione.it – 335 7357146

TowerBrook announces Strategic Investment in the Irish infrastructure services provider and engineering firm GMC Group

London, September 15th 2025 — TowerBrook today announced an investment in GMC Group (“GMC” or the “Company”), one of Ireland’s leading civil and mechanical engineering firms. This investment comes at a time of significant growth and expansion for GMC, as the company continues to secure and deliver large-scale public and private sector infrastructure projects across Ireland.

Founded over four decades ago, GMC has built long-standing partnerships with semi-state bodies and public agencies, positioning itself as a trusted, mission-critical partner for essential national infrastructure. The company delivers full turnkey solutions across seven core sectors: water, gas, power, telecoms, transportation, public sector and renewables. The Company plans to leverage TowerBrook’s partnership to scale its organization, accelerate its growth ambitions, and continue delivering high quality, critical infrastructure works that communities can rely on.

TowerBrook has a strong track record in the infrastructure services sector, having identified it as a core area of focus and demonstrated its capabilities through prior investments such as JSM in the UK and Langan in the US. Over the past several years, the firm has built deep expertise in multi-utility service models and industrial services, supported by an extensive network of industry experts. This experience, together with TowerBrook’s history of backing management teams to scale and grow, positions it as a suitably qualified partner to support GMC in its next phase of growth.

Following the conclusion of the deal, the management team at GMC, led by CEO Shane McCloskey, will remain the majority shareholders in the business and will continue to lead the company.

This investment by TowerBrook marks an exciting new chapter for GMC Group,” said Shane McCloskey. “It provides us with the resources and strategic support we need to ensure that we continue to deliver projects across Ireland with the same reliability and excellence our customers have come to expect. Importantly, it will help accelerate our growth ambitions and ensure we remain a trusted partner for the delivery of critical infrastructure developments and services into the future.

We are delighted to announce our investment in GMC Group,” said Joseph Knoll, Managing Director, and Sumit Dheir, Senior Principal, TowerBrook Capital Partners. “We consider that GMC’s technical excellence, operational reliability, and its deep-rooted relationships with Ireland’s key infrastructure stakeholders make it an ideal partner. We look forward to supporting the team as GMC continues to scale its operations and deliver mission-critical services that benefit communities across the country.

The transaction is subject to approval by the Competition and Consumer Protection Commission (CCPC).

TowerBrook appoints Jack Azagury as Senior Advisor to support growth in Business Services Sector

NEW YORK – September 9, 2025 – TowerBrook Capital Partners L.P. (“TowerBrook”), an international investment firm, is pleased to announce the appointment of Jack Azagury as a Senior Advisor. In this role, Mr. Azagury will advise TowerBrook’s portfolio companies in the Business Services sector and work closely with the sector investment team to identify and evaluate future opportunities. Mr. Azagury will also serve as the Chair of the Board for BRG, and as a Board Member at CBTS.

Mr. Azagury joins TowerBrook after a 29-year career at Accenture, where he most recently served as Group Chief Executive for Consulting, leading Accenture’s global consulting team, its 42 industries and enterprise functions, including Industry X, and serving on the company’s Executive and Global Management Committees. He brings extensive international experience from the UK, France, Japan, and the U.S., and has held senior roles including Market Unit Lead for the U.S. Northeast and Lead for North America Resources.

Mr. Azagury brings deep strategy, technology, and operational experience and is a recognized thought leader on digital and AI based transformation, operational improvement programs, and the energy industry. He is a frequent speaker and author on these topics.

Jonathan Bilzin, co-CEO and Managing Parter of TowerBrook Capital Partners said: “We are thrilled to welcome Jack to TowerBrook. His nearly three decades at Accenture and leadership at the highest levels of the firm reflect the depth of his experience in global professional services. Jack’s track record in driving large-scale transformation and technology-enabled change will make him an exceptional partner as we continue to grow and shape the future of our firm.

Walter Weil, Managing Director and Business Services Sector Lead of TowerBrook Capital Partners, said: “Jack’s guidance will be invaluable as we continue to support our portfolio companies and innovate in the professional services sector. His outstanding leadership experience and deep knowledge will be invaluable as we continue to expand our portfolio and drive growth across these lines.

I’m excited to embark on my next chapter as a Senior Advisor at TowerBrook. The firm’s commitment to building enduring, resilient, and responsible businesses deeply aligns with my own values and experience in leading global teams and helping clients through their large-scale transformations,” said Jack Azagury, “I look forward to working with the TowerBrook team and with BRG and CBTS, to help these very talented teams achieve their full potential.

TowerBrook Capital Partners announces strategic investment in high-growth protein manufacturer Amylu Foods

NEW YORK – August 7, 2025 – TowerBrook Capital Partners L.P. (“TowerBrook”), together with Prelude Growth Partners, today announced an investment in Amylu Foods (“Amylu” or the “Company”), a manufacturer of all-natural, value-added protein products. The partnership positions the Company to continue building on its 100+ year history of delivering healthy and convenient specialty protein products to a growing base of retailers and consumers across the U.S.


Founded in 1924 and headquartered in Chicago, Illinois, Amylu is a high-growth manufacturer of value-added chicken products, including sausages, meatballs, and burgers, sold under the Amylu brand and private label. The Company’s broad portfolio of innovative and flavorful products is tailored to address consumer preferences for all-natural, high-protein options with verifiable heath attributes (e.g., organic, antibiotic-free, nitrate-free). Amylu’s products, produced in-house at the Company’s dedicated manufacturing facilities, allow consumers to prepare nutritious, high-quality meals quickly, combining premium ingredients with unmatched convenience. Amylu plans to leverage the TowerBrook partnership to scale operations, further expand across channels, and deliver high-quality products to a growing base of consumers nationwide.


Steven Zoll, Chief Executive Officer of Amylu, stated: “At Amylu, our success has always been built on delivering great-tasting, clean-ingredient products that our consumers genuinely love and trust. This partnership with TowerBrook is the natural next step for our growth strategy, and we’re confident they’re the right partner to help us expand our business across the nation given their strong track record of scaling food businesses, particularly in the protein space.”


“Amylu’s long-standing commitment to quality, innovation, and health-conscious convenience has earned it a strong reputation in the industry and outstanding commercial momentum,” said Michael Recht, Managing Director of TowerBrook. “We look forward to partnering with Steve and the Amylu team to continue to build upon the Company’s legacy of delivering unique products to its loyal consumers.”


Sidley Austin acted as legal counsel to TowerBrook. J.P. Morgan served as financial advisor and Winston & Strawn acted as legal counsel to Amylu. Funds managed by MidCap Financial and Benefit Street Partners acted as joint lead arrangers and bookrunners for the financial facilities together with funds affiliated with Eldridge, Sumitomo Mitsui Banking Corporation, Willow Tree Credit Partners, and Stifel.


TowerBrook Fund VI completes acquisition of RYDGE Conseil, the former Chartered Accountancy division of KPMG France

TowerBrook Capital Partners (“TowerBrook”), an international investment management firm, announced that TowerBrook Fund VI has completed its acquisition of RYDGE Conseil (“RYDGE” or the “Company”), formerly the Chartered Accountancy division of KPMG France, and a leading provider of essential business services to French SMEs.

RYDGE delivers mission-critical solutions across accounting, payroll, tax & legal, and advisory, with a focus on supporting small and medium-sized enterprises in navigating complexity and scaling sustainably. The firm combines strong technical expertise with a partnership-driven model that aligns closely with TowerBrook’s values and long-term investment approach.

TowerBrook’s investment in RYDGE reinforces the firm’s leadership in the accounting and professional services sector. The firm brings a strong track record and sector knowledge, shaped by:

  • EisnerAmper – the first partnership of its kind between a private equity firm and top 20 US accounting firm, marking a historic milestone and opening the door for private capital in the sector.
  • ECIT – a Nordic-headquartered accounting and IT services group, further deepening TowerBrook’s understanding of platform growth in regulated, people-driven service models.

These investments have equipped TowerBrook to navigate the complex carve-out from KPMG and support RYDGE through a transformational phase. With deep familiarity across both regulatory environments and professional culture, TowerBrook believes it is well positioned to deliver value from day one.

RYDGE is a highly respected business with strong capabilities and a longstanding culture of client service,” said Jean Rollier, Managing Director at TowerBrook. “Our prior experience in this sector gives us the confidence and insight to support RYDGE’s leadership through this pivotal carve-out and beyond.

Edouard Peugeot, Managing Director at TowerBrook, added: “We’re excited to partner with RYDGE at this transformational stage. We look forward to accelerating the company’s growth and strengthening its position as a trusted partner to SMEs across France.

TowerBrook will partner with CEO Jerome Kieffer, the RYDGE partner group, and François Enaud, who joins as Chairman, to support the Company’s transformation and long-term strategic ambitions.

This investment reflects TowerBrook’s conviction in the value of people partnerships with scalable infrastructure, strong governance, and a differentiated service offering in resilient sectors.

Railsr and Equals combine to create one of Europe’s largest embedded finance providers

The consortium of funds managed by TowerBrook Capital Partners L.P., funds managed by J.C. Flowers & Co., and Railsr shareholders led by D Squared Capital and Moneta, has completed its acquisition of Railsr.

The acquisition closely follows the Consortium’s take-private of Equals, and marks the official combination of two fintech innovators: Equals Money and Railsr – creating one of the largest embedded finance providers in Europe.

This transaction combines Equals Money’s leadership in multi-currency accounts, FX, corporate cards, and financial solutions with Railsr’s pioneering embedded finance, BaaS (Banking-as-a-Service), and CaaS (Cards-as-a-Service) infrastructure and creates one of the largest and most capable embedded finance platforms in Europe. The combined business will empower multi-geographical businesses and direct-to-consumer brands.

By integrating cross-border transaction expertise with next-generation embedded finance solutions, the newly combined group offers businesses a seamless way to embed financial services into their products, enabling them to launch, scale, and operate globally, with confidence.

The newly combined group is backed by majority investors TowerBrook Capital Partners L.P. and J.C. Flowers & Co. Lingotto Investment Management, through its Lingotto Horizon Strategy, also co-invested with J.C. Flowers & Co.

A stronger, more comprehensive offering

The newly combined group will provide customers with an expanded suite of services, including:

  • Multi-currency accounts with enhanced payment capabilities
  • Consumer and corporate-branded cards
  • Embedded finance solutions tailored for fintech, corporates, and brands
  • FX and international payment services with speed and efficiency
  • Dual issuing of both Visa and Mastercard Cards Services
  • Branded digital wallets for budgeting, tracking and rewards

By merging Equals’ deep industry expertise with Railsr’s infrastructure and embedded finance capabilities, the combined group will be positioned to drive innovation in the global fintech landscape.

Leadership and future vision

The newly combined group will initially operate under their existing brands, with co-CEOs and an aligned vision to empower companies and brands with seamless, borderless financial solutions.

Ian Strafford-Taylor, CEO of Equals Money and co-CEO of the new entity, said:

“Today marks an exciting milestone in our journey. By joining forces with Railsr, we are enhancing our ability to deliver flexible, scalable financial services that empower businesses of all sizes. Our customers will benefit from expanded capabilities, a stronger global presence, and a commitment to continuous innovation.”

Philippe Morel, CEO of Railsr and co-CEO of the new entity, says:

“This transaction will create an embedded finance leader with a strong balance sheet and real critical mass, positioning us to provide enhanced products and services to our customers while promoting financial stability and compliance in an otherwise fragmented sector.”

Lord Philip Hammond, Chairman of Railsr and the newly combined group, said:

“The combined Equals-Railsr business will be a major player and tech leader in embedded finance across the UK and Europe. I look forward to the business delivering strong growth and ground-breaking innovation in this dynamic area of fintech services in the years ahead.”

In a combined quote, Joseph Knoll, Managing Director of TowerBrook Capital Partners L.P.; Nikolay Skibnevsky, Principal at TowerBrook Capital Partners L.P.; Tughan Alioglu, Managing Director of J.C. Flowers & Co; Dan Adler, Managing Director of D Squared Capital; and Meirav Har Noy, Managing Partner of Moneta Capital, said:

“This transaction brings together two complementary businesses with a shared vision of delivering innovative, seamless financial solutions to global enterprises. The strengthened capabilities, enhanced product offering, and experienced leadership team position the combined business well for sustainable, long-term growth in the evolving embedded finance and payments landscape.”

Seamless integration and next steps

During the coming months, Equals Money and Railsr will work closely to integrate operations while ensuring uninterrupted customer service. Existing services will continue seamlessly, and clients will receive updates as enhancements are rolled out.

TowerBrook Delta makes fifth investment amid strong momentum for dedicated impact fund

TowerBrook Delta (“Delta” or “the fund”), the SFDR Article 9 Impact Fund of transatlantic investment firm TowerBrook Capital Partners (“TowerBrook”), based in London and New York, is pleased to announce the fund’s fifth platform investment – Axil, a resource management firm specialising in innovative waste reduction, recycling, and resource recovery solutions across Europe.

Delta’s investment in Axil comes amid positive momentum for the fund, which closed in 2024 and today has AUM across all managed vehicles of $525m. The fund has made four previous investments which are all performing strongly:

  • Envevo, a UK-based electric vehicle infrastructure services provider has secured two acquisitions since partnering with TowerBrook in 2023, helping the business to expand internationally and diversify across the value chain, delivering substantial organic growth
  • TXO, a UK-headquartered, international telecom infrastructure company has almost tripled in size in terms of revenue since TowerBrook invested in 2023, pursuing a global consolidation strategy supported by acquisitions in the UK, Germany and the US
  • AQUAchiara, a French filtered water solutions provider for the HoReCa (Hotel, Retail and Catering) and corporate sectors, achieved over 30% revenue CAGR growth for the last 3 years and will pursue acquisitive and international expansion with TowerBrook’s support following investment in H2 2024
  • LiftWerx, a Canadian wind turbine repair & maintenance provider, is experiencing over 40% YoY growth by utilising its innovative up-tower crane technology to service clients across North America. TowerBrook is providing investment capital and expertise to help LiftWerx meet the growing demand for maintaining an aging onshore wind fleet

Axil, the latest UK-headquartered investment by Delta, is a resource management firm specialising in innovative waste reduction, recycling, and resource recovery solutions. Its business model maximises the recycling and reuse of manufacturing and industrial waste, conserving natural resources and reducing emissions, pollution and ecosystem damage from waste disposal. By supporting the transition to a circular economy, Axil aims to reduce carbon emissions and generate positive natural environment outcomes, aligned with Delta’s Resource Sustainability pillar and UNSDGs 9, 11 & 12.

As global resource scarcity rises, raw material costs increase, and supply chains grow more complex, Resource Sustainability is more critical than ever. In Europe, stricter regulations, higher disposal costs, and limited access to raw materials are driving a stronger push for resource sovereignty. Axil’s innovative resource management solutions help businesses reduce waste at the source, improve recycling rates, and lower operational costs.

With a 43% 4-year revenue CAGR and approximately 70% YoY EBITDA growth, Axil reflects the high-growth profile seen across the rest of the Delta portfolio.

Tom Redpath, European lead for TowerBrook Delta, commented:

“We are delighted to be making our fifth Delta investment into Axil, an innovator in waste management that has an exciting growth profile. Axil is a great example of the deep thematic work we do to identify high growth, high potential, high impact opportunities with enduring economic and behavioural tailwinds. Axil is closely aligned with one of Delta’s six key investment themes: resource sustainability.

Our investment in Axil comes at the perfect time, with our four existing investments performing well and benefiting significantly from TowerBrook’s investment and partnership on both organic and inorganic growth initiatives.

We believe this strong momentum reflects the continued demand for innovative services and technologies that underpin more sustainable supply chains while also enhancing business resilience and profitability.

We are excited to partner with the Axil team to support their organic and inorganic growth aspirations, while maintaining their award-winning culture.”

TowerBrook Capital Partners Announces Strategic Investment in BRG

TowerBrook Capital Partners L.P. (“TowerBrook”) today announced a majority equity investment in Washington D.C.-based Berkeley Research Group (“BRG”), an industry-leading expert services and consulting firm.

Founded in 2010, BRG is a global consulting firm whose top-tier experts bring a diversity of real-world experience to economics, disputes, investigations, corporate finance, and performance-improvement services that address the most complex challenges for organizations across the globe.

Since its founding just 15 years ago, BRG has built a premier reputation and brand in the industry. It has achieved strong year-over-year growth, broadly doubling in revenue every four years. The firm now boasts more than 1,600 professionals serving the world’s largest law firms, government agencies and corporations, with deep expertise across a variety of sectors including healthcare, energy, construction, technology, retail and financial services.

Tri MacDonald, Chief Executive Officer and President of BRG, stated: “BRG’s incredible success in our first 15 years is rooted in our multi-disciplinary, entrepreneurial platform built with a best-in-class team of experts. We look forward to BRG’s next chapter of growth in partnership with TowerBrook, a highly sophisticated and well-respected financial sponsor. TowerBrook is committed to and experienced in the professional services space, has known BRG well as a client for many years, shares our strategic vision and has the resources and relationships to help us drive profitable growth and success in the coming years.”

“We are excited to partner with BRG and its management team,” said TowerBrook Managing Director Walter Weil. “BRG’s experienced team of experts, distinctive culture and innovative growth model have helped the company secure a strong market position. We believe TowerBrook’s expertise and shared vision for success make us ideal partners to support BRG in its next phase of growth.”

As part of the transaction, Endeavour Capital will exit its investment in BRG following several years of strong partnership and exceptional growth. Endeavour made a strategic investment in 2017 to support the firm’s organic growth initiatives and partially redeem early seed investors.

BRG’s executive management team will not change. Tri MacDonald will continue to lead the organization as Chief Executive Officer and President. David Teece will step down as Executive Chairman but will remain active as a professional within the firm.

Jefferies served as financial advisor to TowerBrook. Benesch, Friedlander, Coplan & Aronoff, LLP served as legal counsel to TowerBrook. Debevoise & Plimpton LLP served as debt financing legal counsel. Royal Bank of Canada leads a group including Deutsche Bank, Wells Fargo, TD, Jefferies, and Sumitomo Mitsui Banking Corporation that will provide committed financing on the transaction.

JP Morgan Securities LLC served as lead financial advisor and American Discovery Capital served as financial advisor to BRG. Kirkland & Ellis served as transaction counsel.

Important Notice: likely Cryptocurrency scam

We have been made aware of a cryptocurrency platform that falsely claims to be associated with TowerBrook Capital Partners. Please be advised that TowerBrook has no involvement with any cryptocurrency trading operations. The platform is likely carrying out a scam operation, using TowerBrook’s business name and branding to convince people to invest in cryptocurrency. The operation is largely targeting people in Australia via social media, including Facebook and messaging app WhatsApp.

If you receive any communication or come across any information suggesting our involvement in cryptocurrency transactions or investments, please disregard it.

TowerBrook has reported the operation to the relevant authorities.

For any concerns or to report suspicious activity, please contact us at contact@towerbrook.com

TowerBrook Capital Partners Earns Equality 100 Award in Human Rights Campaign Foundation’s 2025 Corporate Equality Index

TowerBrook has received a score of 100 on the Human Rights Campaign Foundation’s (HRCF) 2025 Corporate Equality Index, the nation’s foremost benchmarking survey and report measuring corporate policies and practices related to LGBTQ+ workplace equality. TowerBrook joins the 765 U.S. businesses that will be honored with HRCF’s Equality 100 Award as Leaders in LGBTQ+ Workplace Inclusion. This year’s CEI includes 1,449 businesses – the highest number of rated companies since the start of the CEI in 2002.

Abrielle Rosenthal, Managing Director and Chief Sustainability Officer for TowerBrook said, “This score reflects our continuing efforts to further inclusive workplace policies and practices. We champion a working environment where every individual is represented, respected and able to thrive.”

The results of the 2025 CEI showcase how U.S.-based companies are promoting LGBTQ+ friendly workplace policies in the U.S. and abroad. The first year of the CEI included 319 participants, and the 2025 CEI now surveys 1,449 participants, further demonstrating the tremendous growth of the CEI. A record-breaking 98 percent of CEI businesses have non-discrimination protections specific to gender identity.

The CEI rates companies on detailed criteria falling under four central pillars:

  • Non-discrimination policies across business entities;
  • Equitable benefits for LGBTQ+ workers and their families;
  • Supporting an inclusive culture; and,
  • Corporate social responsibility.

The full report is available online at www.hrc.org/cei.