The Rise Fund (TPG) Acquires Majority Stake in Teachers of Tomorrow
September 2, 2021
The Rise Fund, TPG’s global impact investing strategy, signed a definitive agreement to acquire a majority stake in Teachers of Tomorrow, a teacher alternative certification program, from Gauge Capital. The deal is subject to customary closing conditions and regulatory approvals and was expected to close by the end of September; terms were not disclosed.
- Buyers
- The Rise Fund
- Targets
- Teachers of Tomorrow
- Sellers
- Gauge Capital
- Industry
- Education
- Location
- United States
- Transaction Type
- Buyout
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