Behind the Buyouts: THL’s Carlisle on Middle Market Robotics, Tech – The Deal Pipeline

In this installment of The Deals Behind the Buyouts podcast,Thomas H. Lee Partners LPmanaging director Jim Carlisle discusses the firms strategy in middle market technology, including robotics, automation, software and marketplace businesses.

Robotics may call to mind George Jetson, but Carlisle described practical applications in such diverse settings as warehouses, via portfolio companiesAutoStore ASand RightHand Robotics Inc., and hospitals, through technology developed byQventus Inc.Portfolio company Kinexon GmbH develops technology that monitors machinery on factory floors and can also track performance of professional athletes on a basketball court or soccer pitch.

Carlisle also explained how THL breaks down opportunities in vertical software, horizontal software and infrastructure, and the appeal of marketplaces such as food delivery serviceGrubHub Inc.and real estate outfit Ten-X LLC.

Meanwhile, the THL managing director discussed building up portfolio companies through M&A and the symbiotic relationship between the firms Automation and Flagship funds.

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Behind the Buyouts: THL's Carlisle on Middle Market Robotics, Tech - The Deal Pipeline