TPG Recapitalizes Quarterra with Lennar Retaining Minority Stake

TPG Acquires 99.02% Stake in Poonawalla Housing Finance

July 27, 2023

Financial Services

TPG, through its Asia-focused private equity platform TPG Capital Asia, has completed the acquisition of a 99.02% equity stake in Poonawalla Housing Finance Limited from Poonawalla Fincorp Limited and will infuse up to INR 1,000 crore of additional equity to support growth. PHFL is a pan‑India affordable housing finance company with a deep branch network and ~Rs. 6,571 crore AUM (Jun'23); TPG intends to partner with existing management to scale the business in the affordable housing segment.

TPG Real Estate Acquires Majority Stake in Three Northern Virginia Hyperscale Data Centers from Digital Realty

July 27, 2023

Real Estate

TPG Real Estate (through TPG Real Estate Partners) has acquired a majority stake in a portfolio of three stabilized hyperscale data centers in Ashburn, Northern Virginia, in a joint venture with Digital Realty, which retains a minority interest and will continue to manage the assets. The three facilities were contributed at an aggregate value of $1.5 billion (approx. 104 MW IT capacity), with the transaction valuing the portfolio at roughly a 6.0% cap rate and Digital Realty receiving about $1.3 billion of gross proceeds.

TPG (via TPG NEXT) Announces Strategic Minority Investment in Demopolis Equity Partners

November 13, 2024

Financial Services

TPG will make a strategic minority growth investment in Demopolis Equity Partners through its TPG NEXT strategy, providing growth capital and operational support to help scale the Demopolis platform. Demopolis, a technology-focused lower-middle-market private equity firm founded in 2022, will gain access to TPG's capital formation, capital markets, sourcing, and diligence capabilities.

TPG Capital Acquires Majority Stake in Centrify from Thoma Bravo

January 28, 2021

Cybersecurity

TPG Capital has signed a definitive agreement to acquire a majority stake in Centrify, a provider of privileged access management (PAM) solutions, from Thoma Bravo. Terms were not disclosed; as part of the transaction Art Gilliland will join Centrify as CEO and TPG said it will build on Centrify's leadership in identity security and privileged access management.

Capital A Investment Partners Takes Stake in Quintor

December 6, 2021

Software

Capital A Investment Partners has taken a minority (or small majority) stake in Quintor, a Dutch software development specialist focused on cloud-native development and platform engineering. The investment will support Quintor’s growth strategy — including continued focus on public cloud and expanded security capabilities — as the company scales its teams across multiple Dutch offices.

PSG and TPG Complete Recapitalization of Government Brands

August 5, 2021

Software

Government Brands, an Alpharetta, Georgia-based provider of government software and integrated payment solutions, announced a recapitalization co-led by growth equity firm PSG and global alternative asset firm TPG. PSG retains its majority stake, TPG becomes a significant minority investor, and Greater Sum Ventures (GSV) exits; proceeds will be used to accelerate technology development and expand the company's government-focused software and payments platform.