Two Firms Lead as Sixth Street Invests in Aquiline’s Fullsteam

December 7, 2021, 11:55 AM UTC

Cleary Gottlieb advised private equity firm Sixth Street Growth on its minority investment in Fullsteam, a holding company focused on payments technology and vertical software.

Willkie Farr & Gallagher advised Fullsteam and its owner, private equity firm Aquiline Capital Partners. No financial details were disclosed, according to a statement.

Auburn, Alabama-based Fullsteam was founded in 2018 by its CEO, Michael Lawler, and Aquiline Capital. It provides integrated payments and vertical software to small and mid-size businesses across health care, specialty retail, automotive and other markets, according to the company.

In three years, Fullsteam has acquired nearly 50 founder-led software companies, the statement said.


To contact the correspondent on this story: Rick Mitchell in Paris at rmitchell@correspondent.bloomberglaw.com
To contact the editor on this story: Chris Opfer in New York at copfer@bloomberglaw.com; John Hughes in Washington at jhughes@bloombergindustry.com

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