TPG Acquires AT&T's Remaining 70% Stake in DIRECTV

TPG to Acquire Majority Stake in Conservice

December 23, 2025

IT Services

TPG signed a definitive agreement to acquire a majority stake in Conservice, a tech-enabled utility management platform serving the U.S. property management industry. Advent International will retain a significant minority stake, while TA Associates will fully exit its stake; the deal is expected to close in the first quarter of 2026, subject to customary approvals.

TPG Acquires Peppertree Capital Management

July 2, 2025

Infrastructure

TPG (NASDAQ: TPG) completed its previously announced acquisition of Peppertree Capital Management in a cash and equity transaction with earnouts. Peppertree’s wireless communications tower and related digital infrastructure investment strategy will operate within TPG as “TPG Peppertree.”

DIRECTV Acquires Majority Ownership of INVIDI Technologies

January 15, 2025

Media & Entertainment

DIRECTV acquired a majority ownership stake in INVIDI Technologies, a leading provider of addressable television advertising solutions. INVIDI will continue to operate independently under its existing leadership and will be jointly owned by DIRECTV, DISH, and WPP as the company expands its U.S. and international addressability efforts.

DIRECTV to Acquire EchoStar’s Video Distribution Business (DISH TV and Sling TV)

September 30, 2024

Media & Entertainment

DIRECTV and EchoStar entered into a definitive agreement under which DIRECTV will acquire EchoStar’s video distribution business, DISH DBS, including DISH TV and Sling TV, via a debt exchange transaction. The transaction is expected to close in the fourth quarter of 2025, subject to regulatory approvals and successful completion of the DISH DBS exchange offer and pre-closing reorganization.

TPG to Acquire Majority Stake in Elite Legal Tech from Thomson Reuters

April 4, 2023

Legal Services

TPG has signed a definitive agreement to acquire a majority stake in Elite, a provider of financial and practice management solutions for law firms, valuing the business at approximately US$500 million. Thomson Reuters will retain a minority ownership stake and board representation, and the transaction is expected to close in the second quarter of 2023 subject to regulatory approvals and customary closing conditions.

Standard General to Acquire TEGNA for $24.00 Per Share

February 22, 2022

Media & Entertainment

TEGNA Inc. and an affiliate of Standard General entered into a definitive agreement under which TEGNA will be acquired for $24.00 per share in cash, valuing the deal at about $5.4 billion equity value and $8.6 billion enterprise value (including assumed debt). The transaction is subject to shareholder and regulatory approvals and is expected to close in the second half of 2022; after closing TEGNA will become private.