Hg Acquires Majority Stake in Transporeon Group from TPG Capital

Trimble Acquires Transporeon from Hg for €1.88 Billion

December 12, 2022

Transportation

Trimble has agreed to acquire Transporeon, a cloud-based transportation management and freight marketplace platform, from private equity firm Hg for an enterprise value of €1.88 billion. The deal expands Trimble’s transportation and logistics capabilities by adding Transporeon’s SaaS platform, network of shippers and carriers, and data/visibility offerings; the transaction was expected to close in the first half of 2023, subject to regulatory approvals.

Uber Freight Acquires Transplace from TPG Capital for $2.25B

July 22, 2021

Logistics & Distribution

Uber Freight has entered into a definitive agreement to acquire Transplace from TPG Capital for approximately $2.25 billion, consisting of up to $750 million in Uber common stock and the remainder in cash. The deal combines Uber Freight's large digitally-enabled carrier network with Transplace's managed transportation and shipper-facing technology to create a scaled end-to-end logistics platform and accelerate Uber Freight's path to profitability.

Hg Acquires Majority Stake in GTreasury

May 18, 2023

Cloud & SaaS

Hg has made a majority investment in GTreasury, the Chicago-based treasury, payments, and risk management SaaS provider. GTreasury's management team and former majority owner Mainsail Partners will remain investors; Hg's capital and software operating expertise will support product development and geographic expansion. Terms were not disclosed.

Transportation Insight Acquires The Transportation Specialist's Group (TSG)

September 25, 2019

Transportation

Transportation Insight, a Gryphon Investors-backed enterprise logistics provider, has acquired The Transportation Specialist's Group (TSG) to strengthen its enterprise logistics leadership and expand its service offering. The deal preserves TSG's Atlanta-area office and leadership engagement to ensure continuity while integrating TSG's technology-enabled transportation management capabilities into Transportation Insight's platform.

TPG Growth Acquires Majority Stake in People 2.0

February 2, 2021

Staffing & HR

TPG Growth, the middle-market and growth equity platform of TPG, has acquired a majority stake in P20 Global Holdings Inc. (People 2.0), a global provider of employer of record (EOR) and agent of record (AOR) services. The investment will support People 2.0's organic growth initiatives, cross-border hiring solutions, and further strategic acquisitions to expand its global workforce-deployment platform.

Hg Acquires Majority Stake in Nomadia

July 20, 2023

Cloud & SaaS

Hg has made a majority investment in Nomadia, a Paris-based SaaS provider of smart mobility and field service management software. Nomadia's management team and former majority owners remain investors; Hg will support international expansion, R&D (including AI and IoT) and potential M&A to build a European leader. Terms were not disclosed.