TPG's Rise Fund Makes Minority Investment in Healthcademia

TPG Growth and The Rise Fund Acquire Majority Stake in Greenhouse

January 14, 2021

Software

TPG Growth and The Rise Fund have signed a definitive agreement to become majority investors in Greenhouse, the hiring software provider. The investment will support product innovation, market expansion, and enhancements to Greenhouse’s diversity, equity and inclusion hiring solutions; financial terms were not disclosed.

TPG Rise Fund Leads $200M+ Growth Investment in Foodsmart

June 26, 2024

Healthcare Services

The Rise Fund, TPG's impact investing strategy, has signed definitive documentation to lead an investment of over $200 million in Foodsmart, the US telenutrition and food benefits management platform. The growth investment will support Foodsmart's expansion of capabilities and reach across Medicaid, Medicare Advantage, commercial health plans and employers; the deal is expected to close in July 2024.

The Rise Fund and Investcorp Acquire Majority Stake in Outcomes First Group

December 12, 2023

Education

The Rise Fund (TPG Rise) will make a majority investment in Outcomes First Group (OFG), with Investcorp joining as a minority investor, in a deal that transfers majority ownership from Stirling Square Capital Partners. OFG is a UK specialist provider of education and therapeutic care operating 56 schools serving over 3,000 students; the investment is intended to enhance OFG's clinical capabilities and support the group's next phase of growth.

The Rise Fund Acquires Majority Stake in Teachers of Tomorrow; Ridgemont Joins as Minority Investor

September 2, 2021

Education

The Rise Fund (TPG Rise) signed a definitive agreement to acquire a majority stake in Teachers of Tomorrow from Gauge Capital, with Ridgemont Equity Partners joining as a significant minority investor alongside The Rise Fund. The investment will support Teachers of Tomorrow’s geographic expansion, product-line growth, and scaling of its alternative teacher certification, professional development, and placement services across the U.S.

TPG Completes Majority Investment in iNova Pharmaceuticals

October 31, 2022

Pharmaceuticals

TPG (through its Asia platform) completed a majority investment in iNova Pharmaceuticals, a multinational consumer health and pharmaceutical company, with existing investor Pacific Equity Partners re-investing as a minority co-investor. The deal will support iNova's regional expansion and growth strategy across Southeast and North Asia, and fund channel expansion, product-in-fill and technology investments.

TPG Growth Invests in Compass Surgical Partners

January 23, 2024

Healthcare Services

TPG Growth has made a strategic growth equity investment in Compass Surgical Partners, participating alongside existing investor Health Velocity Capital. The capital will be used to accelerate Compass's expansion of ambulatory surgery center (ASC) joint ventures with health systems and physician groups across the U.S.; terms were not disclosed.