ICG Enterprise Trust plc (ICGT) is pleased to announce that it is investing in Brooks Automation alongside funds advised by Thomas H. Lee Partners (“THL”).
The investment is being led by THL Fund IX (Fund) and the THL Automation Fund. ICGT will invest through the Fund and also through a direct investment.
In aggregate on a look-through basis, ICGT is expected to invest approximately $12.6m (£9.2m) in Brooks Automation. This figure relates to ICGT’s look-through position in the overall investment into Brooks Automation and is stated before any closing adjustments.
Brooks Automation is a market-leading provider of precision robotics, automation systems and contamination control solutions to the global semiconductor industry. The company serves the world’s leading semiconductor chip makers and equipment manufacturers. Headquartered in Chelmsford, Massachusetts, Brooks Automation has operations across North America, Europe and Asia.
Analyst / Investor enquiries: +44 (0) 20 3545 2000
Oliver Gardey, Head of Private Equity Fund Investments, ICG
Colm Walsh, Managing Director, ICG
Chris Hunt, Investor Relations, ICG
Clare Glynn, Corporate Communications, ICG: +44 (0) 20 3545 1395
About ICG Enterprise Trust
ICG Enterprise Trust is a leading listed private equity investor focused on creating long-term growth by delivering consistently strong returns through selectively investing in profitable private companies, primarily in Europe and the US.
As a listed private equity investor, our purpose is to provide shareholders with access to the attractive long-term returns generated by investing in private companies, with the added benefit of daily liquidity.
We invest in companies directly and through funds managed by ICG and other leading private equity managers who focus on creating long-term value and building sustainable growth through active management and strategic change.
We have a long track record of delivering strong returns through a flexible mandate and highly selective approach that strikes the right balance between concentration and diversification, risk and reward.