The London Private Equity team has advised TowerBrook Capital Partners (“TowerBrook”) on its acquisition of a stake in TXO, a provider of telecom network hardware and asset management services. The investment has been made as part of TowerBrook’s impact strategy, which targets growing sectors where purpose-driven businesses can deliver meaningful positive impact for communities and society.

TowerBrook is a purpose-driven, transatlantic investment firm headquartered in London and New York that works to grow and improve large and middle-market businesses by partnering with management teams and employees to build companies that make a positive impact on society.

TXO is a business-to-business provider of telecom asset management and asset disposal services, providing clients with end-to-end solutions for the sourcing, maintenance, reuse, recycling and disposal of their communications infrastructure. TXO’s business model supports the critical transition towards a circular economy, which TowerBrook will support in the continued scaling of the business, including through international expansion and strategic acquisitions.

The Goodwin team consisted of Christian Iwasko, Michelle Tong, Erik Dahl, Priya Rupal, Stefania Athanassopoulou, George Fagan, Amber Bagshaw (Private Equity), Dulcie Daly, Matthew Birchall (Tax), Sarah Jordan, Eram Khan, Amy Josselyn, William Robert, Sophie Entwisle, Chloe Birkett (Antitrust), Martin Smith (Real Estate), Hugh O’Sullivan, Patrick Clarke, and Rebecca Palfreman (Finance).