TPG
TPG takes majority control of A-Gas, doubles down on impact investing
KKR partially exits its 2017 investment in the specialty gas and chemical distributor, retaining a minority stake
52 Entertainment sale enters final round in sponsor-heavy auction
PE owner HLD invested in the Paris-based gaming platform in 2018; it has since made nine add-ons
TPG Growth invests in lyric library Musixmatch
The sponsor closed its latest growth fund in August 2021 at USD 3.6bn, and has seen fast deployment
TPG raises USD 835m in USD 9bn IPO
TPG sold 28.3 million shares, raising USD 835m at a valuation of USD 9bn
TPG sets pricing for USD 9.5bn IPO
Private equity firm hopes to raise USD 877m by selling 28.3 million shares on the Nasdaq exchange
Aeternum et al. invest in Hg's Visma at EUR 16bn EV
Deal sees Aeternum Capital, Government Pension Fund Norway (Folketrygdfondet), Vind and GIC invest
Capita in exclusive talks with Montagu to sell its ESS division
Capita engaged with Goldman Sachs in June 2020 to sell the asset for around £500-700m
The Deals Pipeline
A highlight of deal processes underway and involving PE, either on the buy- or sell-side, across Europe
Hg increases stake in Visma, valued at $12.2bn
New investors Warburg Pincus and TPG will invest in the business for the first time, acquiring minority stakes
TPG invests $60m in Au10Tix
PE firm TPG has invested $60m in Au10Tix, a Cyprus-based ID verification and authentication software firm
TPG holds interim $11.2bn close for TPG Partners VIII
Fund was launched in 2018 with an $11bn target, which it surpassed with its interim close
Impala exits Electropoli in sale to Trail
CICC's China Synergy Fund and TPG will also invest in the company alongside management
VC firms back $58m financing for Frontier Car Group
Balderton Capital, TPG Growth, Fraser McCombs Capital and AutoTech Ventures provide $41m in equity
Wind Hellas, Apax and TPG $1bn court case adjourned
Case related to the telecommunications company's PE-backed pre-crisis sale is delayed again
TPG acquires Trace from MTG in €40m deal
Deal values the business at €40m, according to a statement by Modern Times Group (MTG)
3i makes £73m from sale of US-based Quintiles Transnational
Total return on investment reaches 3.3x with the GP’s full exit from the biopharma services business
TPG acquires Transporeon in SBO
New owner hopes to benefit from the digitisation trend in the supply chain space
TPG Growth acquires FRG from Livingbridge
Deal is understood to give the recruitment company an enterprise value of around £200m
TPG and Goldman Sachs in $1bn convertible loan for Spotify
Latest funding deal, which had been rumoured for weeks, follows on from a $526m round in June 2015
TPG’s Poundworld secures £50m debt package
Debt financing comes six months after TPG's all-equity acquisition
Impetus-PEF triathlon: only one month to go
Sign up now to compete in the Imeptus-PEF triathlon
Rutland acquires Gardman from TPG et al.
TPG, Goldman Sachs, Barclays exit following restructuring
TPG takes £150m stake in Poundworld
All-equity deals taps into growing UK value retailer market
Goldman Sachs and TPG to fully exit Ontex
Remaining shares sold at €25.5 apiece