TPG Acquires Peppertree Capital Management
July 2, 2025
TPG Inc. has completed its acquisition of Peppertree Capital Management, adding a $7.8 billion communications infrastructure investing strategy that will operate as TPG Peppertree. The business will be led by Peppertree's Co-Managing Partners Howard Mandel and Ryan Lepene and expands TPG's footprint in digital infrastructure, bringing pro forma AUM to $258 billion.
- Buyers
- TPG Inc.
- Targets
- Peppertree Capital Management
- Industry
- Infrastructure
- Location
- Ohio, United States
- Transaction Type
- Buyout
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