Wednesday, October 4, 2017

Ten-X Acquired By Thomas H. Lee

Ten-X, an online real estate marketplace operator which has offices in San Mateo, is now owned by private equity investor Thomas H. Lee Partners, T.H. Lee said this morning. Ten-X, formerly known as Auction.com, was venture backed by Stone Point Capital, and CapitalG (formerly Google Capital), who continue to hold minority stakes in the company. Financial details of the deal were not announced. The deal had originally been announced by Ten-X and Thomas H. Lee back in August.