is about the private equity firm . for private equity investor see thomas h. lee businessman . thomas h. lee partners l.p. type private ownership industry private equity founded 1974 founder thomas h. lee headquarters 100 federal street boston massachusetts united states products leveraged buyout growth capital total assets 10 billion 1 number of employees 50 2007 website www.thl.com see also lee equity partners thomas h. lee partners l.p. is an american private equity firm based in boston massachusetts specializing in leveraged buyouts growth capital special situations industry consolidations and recapitalizations . 2 founded in 1974 thomas h. lee partners often referenced as thl or thl partners 3 has raised approximately 22 billion of equity capital investing in more than 100 businesses with an aggregate purchase price of more than 150 billion completing over 200 add on acquisitions . in 2012 private equity international ranked thl partners 22nd of the top 300 private equity firms based on funds raised . 4 thomas h. lee partners team includes 21 senior partners led by anthony dinovi and scott m. sperling who became co presidents of the firm in 1999 . the firm s namesake thomas h. lee left the firm and formed lee equity partners in 2006 . 5 contents 1 investments 2 controversies 3 affiliates 4 notes 5 external links investments edit the firm has raised 22 billion since inception and is currently investing out of its 10 billion sixth fund 1984 fund i 66 million 1989 fund ii 568 million 1996 fund iii 1.4 billion 1998 fund iv 3.4 billion 2001 fund v 6.1 billion 2006 fund vi 10.1 billion source preqin thomas h. lee partners invests in growth oriented companies within three broad sectors business & financial services consumer & healthcare and media & information services . the firm seeks acquisition candidates with opportunities for sustainable growth in their core and or related businesses that are positioned to capitalize on key competitive advantages to increase market share expand distribution or product lines and participate in industry consolidation . notable transactions sponsored by thl include aramark 6 conseco 7 ceridian 8 dunkin brands 9 experian fidelity national information services homeside lending houghton mifflin 10 inventiv health 11 michael foods 12 the nielsen company prosiebensat .1 snapple 13 warner chilcott 14 warner music group 15 and west corporation . 16 on may 3 2006 wmg apparently rejected a buyout offer from emi in may 2011 the company announced its sale to access industries for us 3.3 billion in cash . 40 the price represented 8.25 a share a 34 % premium over the six month before average price and a 4 % premium over the day before price but a drop of 70 % since 2007 . 41 thomas h. lee partners most recent fund has performed well according to calpers . 17 controversies edit thomas h. lee partners is also known for its leveraged buyout acquisition in 2004 of refco a financial services company specializing in commodities and futures contracts which collapsed suddenly in october 2005 only months after its ipo . refco s collapse cost investors more than 1 billion sparking multiple suits for negligence against the firm . thomas h. lee partners in turn sued refco s auditors and former executives claiming they hid the fraud which caused refco s collapse . 18 thomas h. lee partners has since settled all claims by refco s brokerage customers bankruptcy trustee and shareholders . 19 affiliates edit thomas h. lee partners affiliates include thl credit advisors provides junior debt and equity to middle market companies seeking capital for growth acquisition recapitalization and or change of control . 20 th lee putnam ventures is a technology focused private equity firm affiliated with thomas h. lee partners and putnam investments a leading global money management firm . th lee putnam ventures manages 1.1 billion in capital commitments and has invested approximately 850 million in more than 43 companies since the firm s formation in 1999 . 21 notes edit pei 300 top 50 private equity international may 2012 . thomas h. lee partners l.p. private company information businessweek . investing.businessweek.com . retrieved 13 august 2012 . thomas h. lee forms new venture lee equity partners marketwatch 2006 private equity international 2012 thomas h. lee forms new venture lee equity partners marketwatch 2006 1 press release thomas h. lee and trouble forbes november 17 2005 . thomas h. lee partners and fidelity national financial complete acquisition of ceridian parent of dunkin donuts sold for 2.4 billion to equity firms new york times 2005 vivendi confirms houghton mifflin sale new york times 2002 inventiv health to be taken private in deal with thomas h. lee partners columbus business first 2010 michael foodsmichael foods to be bought for 1 billion new york times 2003 thomas h. lee in snapple deal new york times 1992 press release warner chilcott acquired for 3.1 billion press release investor group led by thomas h. lee partners edgar bronfman jr. bain capital and providence equity partners to purchase warner music group and create one of the world s largest independent music companies press release recapitalization of west corporation by an investor group led by thomas h. lee partners and quadrangle group calpers private equity investments refco bankruptcy trustee sues thomas h. lee partners new york times august 9 2007 . thomas h. lee reaches 145 million settlement with refco trustee and brokerage customers american lawyer 2011 thl credit . thl credit 2013 06 30 . retrieved on 2013 08 16 . th lee . thlpv.com . retrieved on 2013 08 16 . external links edit thomas h. lee partners website thomas h. lee fundinguniverse.com from international directory of company histories vol . 24 . st. james press 1999 . banks balk at paying for clear channel deal new york times 2008 v t e private equity and venture capital basic investment types buyout venture mezzanine growth secondaries equity co investment history history of private equity and venture capital early history of private equity private equity in the 1980s private equity in the 1990s private equity in the 2000s terms and concepts buyout financial sponsor management buyout divisional buyout buy sell agreement leveraged recapitalization dividend recapitalization venture angel investor business incubator post money valuation pre money valuation seed money startup company venture capital financing venture debt venture round structure private equity firms and funds limited partnership limited liability company carried interest management fee publicly traded private equity business development company venture capital trust private investment in public equity pipe pledge fund investors corporations institutional investors pension funds insurance companies fund of funds endowments foundations investment banks merchant banks commercial banks high net worth individuals family offices sovereign wealth funds crowdfunding related financial terms aum cap table capital call capital commitment capital structure distribution waterfall ebitda envy ratio high yield debt ipo irr leverage liquidation preference m & a pme taxation of private equity and hedge funds undercapitalization vintage year private equity and venture capital investors private equity firms venture capital firms angel investors portfolio companies v t e largest private equity investment firms 3i group aac capital partners advent international alpinvest partners american capital apax partners apollo global management ares management bain capital bc partners berkshire partners the blackstone group bridgepoint capital candover the carlyle group ccmp capital cerberus capital management charterhouse capital partners cinven clayton dubilier & rice cvc capital partners doughty hanson & co encap investments eqt partners first reserve corporation fortress investment group general atlantic goldman sachs capital partners gtcr hellman & friedman h.i.g. capital jrk property holdings kkr trilantic capital partners leonard green & partners madison dearborn partners nordic capital oak investment partners oaktree capital management onex teachers private capital pacific equity partners pai partners permira providence equity partners sentinel capital partners silver lake partners summit partners sun capital partners ta associates terra firma capital partners thomas h. lee partners tpg capital warburg pincus welsh carson anderson & stowe private equity private equity firms venture capital firms portfolio companies retrieved from https en.wikipedia.org w index.php title thomas h. lee partners & oldid 743301604 categories financial services companies of the united statesprivate equity firms of the united statescompanies based in bostoncompanies established in 1974 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main 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