ST. LOUIS, October 19, 2021--(BUSINESS WIRE)--Thompson Street Capital Partners (TSCP), a private equity firm based in St. Louis, today announced the acquisition of CommonLook by T-Base Communications, a TSCP portfolio company. CommonLook is a leading provider of software and services enabling electronic document accessibility and remediates more than one million pages annually for more than 600 customers. T-Base simplifies the fast, secure delivery of accessible communications in a wide range of print, web, and digital formats for financial, education, healthcare, telecommunications, and government entities. Terms of the transaction were not disclosed.
Through the combination, T-Base Communications and CommonLook will broaden their accessibility portfolio of offerings to accessible print, PDF and website auditing designed to help organizations achieve compliance with accessibility standards including PDF/UA, WCAG and Section 508.
"We are incredibly excited for this combination," commented CommonLook CEO Monir ElRayes. "T-Base’s strategy for the accessibility market, their strong financial backing by TSCP, and their renowned accessibility expertise make them the ideal partner for CommonLook. Most importantly, this endeavor will greatly benefit our customers—enabling us to further strengthen our relationships through a wide range of additional offerings."
"Our PDF standards-compliance expertise allows CommonLook to deliver sophisticated and ground-breaking developments in remediation automation that can be integrated into complex workflows. Our capacity to expand accessibility technology has been taken to another level because of this powerful alliance with T-Base," added Ferass ElRayes, CTO at CommonLook.
"CommonLook’s advanced technology platform and strong customer relationships in key markets make it an excellent fit with T-Base’s long-term strategy. The addition of CommonLook will broaden our range of innovative product offerings and expand our geographic and industry reach," said Ariel Kunar, CEO of T-Base.
"The combination of T-Base with CommonLook delivers immediate benefits to the customers of both companies," said Craig Albrecht, Managing Director at TSCP. "These customers now have access to a comprehensive suite of document and web accessibility technology and services that ensure not merely compliance, but a better experience for low-vision and blind individuals."
For information regarding Thompson Street Capital Partners, visit www.tscp.com.
About Thompson Street Capital Partners
Thompson Street Capital Partners (www.tscp.com) is a St. Louis-based private equity firm focused on investing in founder-led middle market businesses in the Life Sciences & Healthcare, Software & Technology, and Business and Consumer Services and Products sectors. Founded in 2000, the firm has acquired more than 150 companies and has managed more than $2.6 billion in equity. TSCP partners with management teams to increase value by accelerating growth, both organically and via acquisitions.
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