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Alternative Assets  + Private Equity  | 
THL Taps Mark Forbis Executive Partner

THL Taps Mark Forbis Executive Partner

Thomas H. Lee Partners (THL), a private equity firm investing in middle-market growth companies, has appointed Mark Forbis, an industry veteran with 40 years of experience in fintech and services, executive partner.

Forbis will support the firm’s efforts in identifying, sourcing, and growing investment opportunities across the bank technology sector.

Prior to joining THL, Forbis spent over 30 years as an executive at fintech Jack Henry & Associates where he most recently served as EVP and CTO. During his time at Jack Henry, Forbis led the company’s national technology strategy and the development of numerous transformational banking technologies.

The move aligns with the broader industry trend of private equity firms recognizing the transformative potential of fintech and digital financial services.

“We are very pleased to welcome Mark to our team,” said Brian Radic, Director at THL. “He brings deep expertise across the bank technology spectrum, including core systems, lending solutions, digital banking, and payments.

Forbis currently serves on the boards of IncredibleBank, Citizens Bank, Teslar Software, Digital Check Corp., InvestorKeep and Allied Payment Network.

THL’s financial technology and services team has deployed $10.3 billion of fund and co-investment capital and partnered with 32 companies to date.

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About Joe Palmisano

Joe Palmisano is editorial director of Connect Money, where he oversees daily coverage of alternative assets, direct investments, financial advisory and the economy. He brings three decades of experience as a financial journalist, analyst and portfolio manager. Before joining Connect Money, Palmisano wrote for The Wall Street Journal, covering foreign exchange, global fixed-income and equity markets. He later served as a senior research analyst and portfolio manager, producing market analysis and managing foreign exchange and U.S. equity portfolios for FX Concepts. His work has also appeared in SFO Magazine and CMT Association publications. Palmisano earned a bachelor’s degree in finance from The American University and holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.