Momentum advises management as part of TowerBrook's majority investment in TXO

Momentum Corporate Finance is delighted to announce it has advised the management team of TXO, a critical telecom network hardware and asset management services provider, as they reinvest alongside TowerBrook Capital Partners (“TowerBrook”) who will acquire a majority stake in the business.

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 by reducing waste and extending the life of network assets, reducing the need for new materials and reducing the environmental impact associated with their production. TowerBrook has committed to assisting with the ongoing growth and advancement of the company, which includes expanding into international markets, pursuing strategic acquisitions, and offering valuable guidance and counsel to the management team.

TXO is one the first investments from TowerBrook’s dedicated impact strategy. The dedicated impact strategy is a natural evolution of TowerBrook’s established investment strategy, investing in businesses designed to generate a specific measurable social or environmental impact, while delivering market returns.