TPG Capital Backs Merger of CollabNet VersionOne and XebiaLabs

TPG Capital Acquires CollabNet VersionOne from Vector Capital

September 4, 2019

Software

TPG Capital signed a definitive agreement to acquire CollabNet VersionOne from Vector Capital; terms were not disclosed. TPG said it will commit up to $500 million of equity to build an integrated, enterprise-focused DevOps platform and pursue acquisitions to expand capabilities in Agile planning, DevOps and Value Stream Management.

Digital.ai (TPG-backed) Acquires Arxan Technologies

April 16, 2020

Cybersecurity

Arxan Technologies, a provider of application protection and mobile app security solutions, has been acquired and combined with CollabNet VersionOne and XebiaLabs to form the TPG-backed Digital.ai value stream platform. TA Associates sold its stake in Arxan as part of the combination; financial terms were not disclosed. The deal integrates Arxan’s application-security capabilities into Digital.ai’s DevOps/DevSecOps platform to deliver a unified intelligent value stream for enterprise customers.

TPG Capital and TA Associates Acquire Planview from Thoma Bravo for $1.6 Billion

November 10, 2020

Cloud & SaaS

TPG Capital and TA Associates have agreed to acquire Planview, a provider of Portfolio Management and Work Management software, from Thoma Bravo in a $1.6 billion transaction. Thoma Bravo will retain a minority interest; the deal is intended to accelerate Planview’s growth and expand its enterprise SaaS capabilities as it transitions leadership following CEO Greg Gilmore’s planned departure.

TPG Capital Acquires Majority Stake in Nintex

October 5, 2021

Software

TPG Capital has agreed to acquire a majority stake in Nintex, the Bellevue, Washington–based provider of digital process automation software. Existing majority investor Thoma Bravo will make a new equity investment and retain a significant minority stake; the transaction is expected to close by the end of 2021 and aims to accelerate Nintex's product R&D and go-to-market expansion.

Thycotic and Centrify Merge to Form ThycoticCentrify, Backed by TPG Capital

April 13, 2021

Cybersecurity

Thycotic and Centrify have completed their merger to form ThycoticCentrify, a combined cloud privileged identity security vendor backed by TPG Capital. Insight Partners, Thoma Bravo, and PSP Investments took minority stakes in the combined business as the new company begins product and go-to-market integrations.

Partners Group Acquires Majority Stake in Version 1

April 20, 2022

IT Services

Partners Group will acquire a majority stake in Version 1, the Dublin-headquartered digital and cloud transformation partner, subject to regulatory approvals. Version 1, currently owned by Volpi Capital and management, employs over 2,100 staff and has revenues above €240 million; Partners Group will partner with management to drive further growth and international expansion.