Thompson Street Capital Partners has acquired Ottawa, Ontario-based T-Base Communications Inc, a provider of accessible communications technology. Baird was financial adviser to T-Base on the deal. No financial terms were disclosed.
ST. LOUIS (November 12, 2019) – Thompson Street Capital Partners (TSCP), a private equity firm based in St. Louis, announced today that they have partnered with management to acquire T-Base Communications Inc. (T-Base), an Ottawa, Ontario-based provider of accessible communications technology. Baird served as the exclusive financial advisor to T-Base on this transaction. Terms of the transaction were not disclosed.
Founded in 1994, T-Base (www.tbase.com) leverages its proprietary software to ensure enterprise customers and education organizations provide accessible documents for their low-vision and blind (LVB) customers. The Company’s flagship software platforms, ADOCS and FASTtrack, enable accurate, high-quality transformation of complex input documents into multiple alternative formats, such as braille, reflowed large print and accessible PDF.
“This is an exciting new phase for T-Base. Thompson Street has a proven track record in building companies through technology innovation and acquisitions,” said Bruce Moszcelt, co-CEO of T-Base. “We are confident this partnership will not only enhance T-Base’s current North American leadership position but build our company into a global accessibility leader.”
Added Trevor Lwin, co-CEO of T-Base, “On the deal side, Thompson Street proved itself a solutions-focused private equity firm and consistently took a balanced approach throughout the transaction. From a cultural perspective, we knew immediately the Thompson Street team was a great fit for our business.”
Craig Albrecht, Managing Director, TSCP said, “Enterprises are increasingly recognizing the benefits of accessible communications for their low-vision and blind customers. T-Base has become a trusted accessibility partner for market-leading organizations through its investment in technology and focus on security, reliability and scalability.” Mr. Albrecht added, “We are thrilled to partner with the company’s outstanding leadership team to accelerate T-Base’s growth.”