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The Independents

The Independents

IT Services·France·Exited 2023·Held 6yr
Entry
2017
Hold
6yr
Exit
2023

Who owns The Independents?

The Independents is a French IT Services company, now owned by TowerBrook Capital Partners / FL Entertainment, which acquired it in 2023 from Cathay Capital.

Hand-verified · updated 2026-04-21

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Cathay Capital
Most recent investor
Cathay Capital
Cathay Capital Small Cap III · 2016 · Growth
2 ownership periods · full history below

Key facts

HQFrance
SectorIT Services

Ownership history

1 ownership period · 1 lender on file

Exited
Last exited in 2023 to TowerBrook Capital Partners / FL Entertainment.
Cathay Capital
Cathay CapitalExited 2023
2017 · 2023(6yr) · Cathay Capital Small Cap III · 2016 · Growth
Secondary · to TowerBrook Capital Partners / FL Entertainment

Cathay Capital sold The Independents to TowerBrook Capital Partners / FL Entertainment in 2023 after 6 years.

Capza
CapzaLender
2023 · present(3yr) · Artemid Senior Loans III · 2020 · Private Debt

Questions

Who owns The Independents?

The Independents is now owned by TowerBrook Capital Partners / FL Entertainment, which acquired it in 2023 from Cathay Capital.

When did TowerBrook Capital Partners / FL Entertainment acquire The Independents?

TowerBrook Capital Partners / FL Entertainment acquired The Independents in 2023, buying from Cathay Capital.

Who did The Independents sell to?

Cathay Capital sold The Independents to TowerBrook Capital Partners / FL Entertainment in 2023 (Secondary).

Who has owned The Independents over time?

The Independents has been through 2 private-equity ownership periods: Cathay Capital · via Cathay Capital Small Cap III · 2017–2023 · sold to TowerBrook Capital Partners / FL Entertainment · (Secondary); Capza · via Artemid Senior Loans III · since 2023.

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