Thompson Street Capital Partners Acquires T-Base Communications
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.”