TPG Acquires Majority Stake in Five Good Friends
April 8, 2025
TPG has acquired a majority interest in Five Good Friends, the Australian technology-enabled home care provider, with co-founders Simon Lockyer and Nathan Betteridge retaining significant stakes and EQT retaining a minority stake. The investment will fund scaling of Five Good Friends' home care operations and its Lookout care-management SaaS platform to expand service delivery across Australia.
- Buyers
- TPG
- Targets
- Five Good Friends
- Sellers
- EQT
- Industry
- Healthcare Services
- Location
- Queensland, Australia
- Transaction Type
- Buyout
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