THL Partners makes majority investment in Queue-it

THL Partners has announced that it has entered into a definitive agreement with the sellers of Queue-it, including GRO Capital, for a majority investment in Queue-it.

Queue-it is a global provider of online traffic orchestration solutions, headquartered in Copenhagen, Denmark. Queue-it helps enterprises and public organizations across ticketing, retail, government, financial services, and other mission-critical industries manage online traffic surges, protect digital infrastructure, mitigate bots and abuse, and deliver fair, reliable access to critical online services. 

THL Partners is a premier private equity firm investing in middle-market growth companies. THL's partnership with Queue-it builds on the firm's longstanding investment focus on IT Operations & Data, which includes software companies that help organizations operate, secure, and optimize increasingly complex digital infrastructure. 

The completion of the transaction is subject to customary closing conditions, including receipt of required regulatory approvals.

Plesner and Freshfields acted as legal counsel to THL Partners.  

Plesner's core M&A team consisted of Thomas Holst Laursen, Henrik Laursen, Simon Mejer and Kirstine Juel Månsson.

Congratulations to all parties.