Thompson Street Capital Partners, a private equity firm based in St. Louis, has completed a single-asset secondary market transaction to continue its partnership with Gurobi Optimization, a provider of mathematical optimization software.
Gurobi provides more than 1,200 customers globally with mathematical optimization software. The transaction was co-led by Hamilton Lane and StepStone and represents TSCP’s second continuation fund. It was established to acquire Gurobi and includes access to add-on capital to drive growth initiatives, including strategic acquisitions. The firm acquired Gurobi in 2017.
Evercore served as financial advisor to TSCP in the transaction with Kirkland & Ellis serving as TSCP’s legal counsel. Sidley Austin served as legal counsel to Gurobi.