Press Releases

2018 | 2017 | 2016 | 2015
02/20/18Wikia, Inc.'s FANDOM Announces Investment Led by Media Veteran Jon Miller
Global investor TPG backs leading media executive, Jon Miller, to help accelerate company's growthSAN FRANCISCO, Feb. 20, 2018 -- Wikia, Inc.'s FANDOM announced today that it has signed a definitive agreement for an investment from TPG-backed media and technology veteran, Jon Miller. The transaction is expected to close in March and is subject to customary closing conditions. Additional terms of the transaction were not disclosed.The investment will provide Wikia, Inc. with industry-leading reso... 
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02/15/18Reflektive Raises $60 Million to Reimagine People Management
TPG Growth leads round for company powering the future of real-time performance management, talent and leadership development San Francisco and Fort Worth, Texas – February 15, 2018 – Reflektive, the real-time performance management cloud company, today announced it has raised $60 million in Series C funding. The round was led by TPG Growth, the global middle market and growth equity platform of alternative asset firm TPG. Existing investors Andreessen Horowitz and Lightspeed Venture Par... 
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02/09/18Medical Solutions to Acquire PPR
Transaction brings together complementary capabilities to further enable Medical Solutions’ growthCombination creates second largest travel nurse staffing Company in the U.S.OMAHA, Neb. & JACKSONVILLE, Fla. - February 9, 2018 - Medical Solutions, a leading provider of healthcare staffing solutions for hospitals across the United States, today announced it has signed a definitive agreement to acquire PPR, a provider of travel nurse staffing and interim leadership for acute and post-acute mark... 
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01/24/18RCN/Grande Closes Acquisition of Wave Broadband
Transaction expands RCN/Grande’s footprint to the West Coast, creating the nation’s sixth largest cable company Kirkland, Wash., Fort Worth, Texas, and San Francisco – January 24, 2018 – RCN/Grande, a nationwide broadband service platform controlled by TPG Capital, today closed its previously announced partnership with Wave Broadband (Wave). Wave is a leading regional broadband fiber company offering a full suite of high-speed data, video, and voice services to residential and business cu... 
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01/22/18Anand Mahindra joins The Rise Fund’s Founders Board
Chairman of India’s leading industrial group, Mahindra, to advise Rise on investment opportunities in IndiaSan Francisco and Fort Worth, Texas and Mumbai, India – January 22, 2018 – The Rise Fund, a global investment fund managed by TPG Growth that is committed to achieving measurable social and environmental outcomes alongside competitive financial returns, today announced that Anand Mahindra has joined the Rise Founders Board. As a member of the Founders Board Mahindra will grow The Rise Fund’... 
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01/19/18TPG Growth to Acquire TRACE, Africa’s Leading Music and Entertainment Company
Leveraging its global experience in media, entertainment and technology, TPG Growth to partner with TRACE’s co-founder and management to build a global leader for Afro-urban music and entertainment SAN FRANCISCO & PARIS & JOHANNESBURG—January 19, 2018 – TPG Growth, the middle market and growth equity investment platform of global alternative asset firm TPG, announced today that it has signed a definitive agreement to acquire a majority stake in TRACE, the market leader in afro-urb... 
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01/18/18Varo Money Closes $45M Series B Financing Round
Company Will Help Americans Achieve Better Financial Health With Frictionless, Mobile-First Banking With Tools That Smooth Cash Flow and Build SavingsSAN FRANCISCO—January 18, 2018—Varo Money, Inc., a mobile banking startup, announced today that it has closed a $45M Series B funding round led by existing investor Warburg Pincus, a global private equity firm focused on growth investing, and The Rise Fund, a global impact fund led by private equity firm TPG. The Rise Fund is committed to a... 
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01/17/18C3 IoT Raises $100 Million
Existing investors increase their positions validating C3 IoT’s leadershipTPG Growth is joined by The Rise Fund, recognizing C3 IoT’s contributions towards environmental and social benefitRedwood City, CA, Fort Worth, Texas and San Francisco – January 17, 2018 – C3 IoT, the leading AI and IoT software platform provider for digital transformation, today announced a new round of financing by existing investors TPG Growth, Breyer Capital, Sutter Hill, Pat House, and Thomas M. Siebel. Joining ... 
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01/12/18The Rise Fund Invests in Acorns, Marking Its First Social Impact Investment in FinTech
Investment underscores the acceleration of Acorns mission and commitment to financial inclusionIrvine, Calif., Fort Worth, Texas, San Francisco, Jan. 12, 2018 -- On the heels of its PayPal integration, Acorns, the country's leading micro-investing app, just surpassing          2.7 million investment accounts, today announced an investment from The Rise Fund, TPG’s global investment fund committed to achieving measurable social and ... 
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