Press Releases

2017 | 2016 | 2015
DateTitle 
05/22/17TPG Capital Backs RCN’s Acquisition of Wave Broadband for $2.365 billion
Combination creates the sixth largest cable company in the U.S. and expands a robust high-speed broadband services platform Transaction marks third addition to the platform, following TPG’s investment in RCN and Grande Kirkland, Wash., Fort Worth, Texas, and San Francisco – May 22, 2017 – TPG Capital, the global private equity platform of alternative asset firm TPG, announced today that it is backing RCN Telecom Services, LLC (RCN), a nationwide broadband service provider controlled by ... 
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05/09/17LLamasoft Partners with TPG Capital
Experienced technology investor provides new capital to global leader in supply chain software Builds on TPG’s thematic approach to investing in the next generation of supply chain technologyAnn Arbor, Michigan; Fort Worth, Texas and San Francisco– May 9, 2017 – LLamasoft, the global leader in supply chain modeling and design software, announced today an investment by TPG Capital, the global private equity fund of leading alternative asset firm TPG. With over 700 customers around the worl... 
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05/08/17TPG Growth to Acquire Leading Provider of Travel Nurse Staffing Solutions
Investment in Medical Solutions leverages Fund’s experience in healthcare and business services Omaha, NE, San Francisco, and Fort Worth, Texas – May 8, 2017 – TPG Growth, the middle market and growth equity platform of alternative asset firm TPG, today announced that it has entered into an agreement to acquire a majority stake in Medical Solutions, a leading provider of healthcare staffing solutions for hospitals across the United States. Beecken Petty O'Keefe & Company (BPOC), who ... 
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05/04/17TPG Pace Energy Holdings Corp. Announces Pricing of $600,000,000 Initial Public Offering
FORT WORTH, TX, May 4, 2017 – TPG Pace Energy Holdings Corp. (the “Company” or “TPG Pace Energy”), an energy-focused special purpose acquisition entity, led by Chairman and CEO Steve Chazen, today announced the pricing of its initial public offering of 60,000,000 units at a price of $10.00 per unit. The units will be listed on the New York Stock Exchange and trade under the ticker symbol “TPGE.U” beginning May 5, 2017. Each unit consists of one share of the Company’s Class A common stock... 
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05/04/17TPG Growth Partners with Club Pilates
Investment in leading boutique fitness brand builds on Fund’s health and wellness focus Los Angeles, San Francisco, and Fort Worth, Texas – May 4, 2017 – TPG Growth, the middle market and growth equity platform of alternative asset firm TPG, today announced it has invested in Club Pilates, the largest franchisor of Pilates studios in the United States. Additional terms of the transaction were not disclosed. Club Pilates is the nation’s largest and fastest growing Pilates brand. Foun... 
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05/03/17The Rise Fund Invests in Dodla Dairy Limited
TPG’s global impact fund invests in leading Indian dairy company Partnership will aim to promote sustainable farming practices across India Hyderabad, India; San Francisco; and Fort Worth, Texas – May 3, 2017 – The Rise Fund, a global fund committed to achieving measureable, positive social and environmental outcomes alongside competitive financial returns, today announced it has agreed to invest $50M in Dodla Dairy Limited (Dodla), a fresh dairy product company offering a wide ... 
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05/02/17Jonah Energy Announces Acquisition of Properties from LINN Energy
Consolidation of prolific Jonah field sets stage for multi-year growth while leveraging significant operating synergiesDenver, Colorado – May 2, 2017 – Jonah Energy LLC (“Jonah Energy”) announced today that it has signed a definitive agreement to acquire natural gas and oil producing properties in the Jonah and Pinedale fields and surrounding area from LINN Energy, Inc. (“LINN”) for approximately $580 million, subject to customary closing conditions and purchase price adjustments. Under the... 
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04/26/17The Rise Fund Invests in Education Technology Platform EverFi
Transaction marks first investment made by TPG’s global impact fund Washington; San Francisco; and Fort Worth, Texas – April 26, 2017 – The Rise Fund, a global fund committed to achieving measureable, positive social and environmental outcomes alongside competitive financial returns, today announced it has invested in EverFi, a leading provider of subscription-based digital learning to K-12 schools, universities, corporations, sports teams, and NGOs. This investment reaches two of t... 
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04/26/17The Rise Fund Appoints Education Sector Team
Established players in education John Rogers, Arne Duncan, and Rick Levin to further The Rise Fund’s investment strategy in the sector Fort Worth, Texas, and San Francisco — April 26, 2017 — The Rise Fund, a global fund committed to achieving measureable, positive social and environmental outcomes alongside competitive financial returns, today announced the first hires to its Education Sector Team: John Rogers as Sector Lead and Arne Duncan and Rick Levin as Senior Advisors. Rogers wi... 
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04/11/17TSSP Announces Strategic Minority Investment by Dyal Capital Partners
SAN FRANCISCO – April 11, 2017 – TSSP, a global credit and credit-related investment firm affiliated with TPG Holdings, announced today that TSSP has signed definitive agreements with Dyal Capital Partners (“Dyal”), a division of Neuberger Berman Group, for Dyal to take a passive, non-voting minority interest in TSSP. All proceeds from the transaction will be retained in TSSP to expand the platform’s capabilities and further strengthen alignment with its investors. Since being founded by... 
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03/13/17Pace Holdings Corp. Completes Business Combination with Playa Hotels & Resorts
Combined company named Playa Hotels & Resorts and will trade on NASDAQ under PLYA Transaction provides significant capital and complementary capabilities to further Playa’s leading positionFAIRFAX, Va., and FORT WORTH, Texas, March 13, 2017 -- Pace Holdings Corp. (“Pace”) a special-purpose acquisition company sponsored by an affiliate of TPG, today announced that it has completed its business combination with Playa Hotels & Resorts (“Playa”), a leading owner, operator, and devel... 
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03/01/17Pace Holdings Corp. Announces Shareholder Approval of Business Combination with Playa Hotels & Resorts
Transaction provides significant capital and complementary capabilities to further enable Playa’s growthFAIRFAX, Va., and FORT WORTH, Texas – March 1, 2017– Pace Holdings Corp. (“Pace”) (NASDAQ:PACE), a special-purpose acquisition company sponsored by an affiliate of TPG, today announced that shareholders of Pace have approved the previously announced business combination (the "Business Combination") of Pace and Playa Hotels & Resorts (“Playa”), a leading own... 
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02/09/17TPG Capital Finalizes Acquisition of Mediware Information Systems
Leading healthcare and human services software provider to continue advancing into emerging markets under new ownershipLENEXA, KS, FORT WORTH, TX, and SAN FRANCISCO – February 9, 2017 – Today, TPG Capital, the global private equity platform of alternative asset firm TPG, finalized its agreement to acquire Mediware Information Systems, Inc. (“Mediware” or “Company”) from private equity firm Thoma Bravo. Terms of the transaction were not disclosed. Mediware is a leading supplier of so... 
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02/01/17TPG Capital Closes Acquisitions of RCN and Grande Communications
Combined company creates a market-leading high-speed broadband provider FORT WORTH, Texas and SAN FRANCISCO – February 1, 2017 – TPG Capital, the global private equity platform of alternative asset firm TPG, today closed its previously announced acquisitions of RCN Telecom Services LLC (RCN) and Grande Communications Networks LLC (Grande), two regional broadband service providers. The transaction combines the two companies into the seventh largest U.S. cable company and a market-leading p... 
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01/25/17Bradford Berenson to Join TPG as General Counsel
Vice President and Senior Counsel for Litigation and Legal Policy for General Electric to Join Global Alternative Asset Firm Fort Worth, TX and San Francisco—January 25, 2017—Global alternative asset firm TPG announced today that Bradford Berenson, the current Vice President and Senior Counsel for Litigation and Legal Policy for General Electric (GE), will join the firm as General Counsel, based in San Francisco. Mr. Berenson brings to TPG extensive experience working with a broad spectrum of... 
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01/16/17Uxin Group, China’s Leading Used Car Platform, Completes $500 Million Round of New Financing
BEIJING — January 16, 2017 — Uxin Group, China’s leading online trading platform for used cars, announced that it has raised $500 million in recent financing rounds co-led by TPG Growth, Jeneration Capital, and China innoVision Capital, with Warburg Pincus, Tiger Global Management, Hillhouse Capital, KKR, Everbright Zhongwei Capital, and Huasheng Capital participating as co-investors. China Renaissance and China International Capital Corporation Limited (CICC) served as joint financial ad... 
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01/04/17TPG Real Estate Acquires A&O Hotels and Hostels
LONDON and FORT WORTH, Texas – 4 January 2017 – TPG Real Estate, the real estate platform  of leading global private investment firm TPG, announced today that it has completed the purchase of A&O Hotels and Hostels (“A&O”), the largest fully integrated, privately-owned, hostel platform in Europe. The transaction will help A&O expand and enhance its operations, strengthening its position as one of Europe’s leading budget hotel investment, development, and management groups.Under ... 
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