TPG Growth Takes Minority Stake in Ideal Image

TPG Capital Makes Minority Investment in Creative Planning

September 30, 2024

Wealth Management

TPG Capital has made a substantial minority growth investment in Creative Planning, a leading independent wealth management firm, joining existing investor General Atlantic. Terms were not disclosed; Creative Planning CEO Peter Mallouk will remain in place and retain a majority stake. The capital will support continued expansion and enhancement of the firm's wealth-management and planning-led service offerings.

TPG Growth Makes Strategic Growth Investment in K2 Medical Research

June 17, 2024

Healthcare Services

TPG (TPG Growth) has made a strategic growth investment in K2 Medical Research to partner with management and scale K2’s integrated clinical trial site platform. K2, headquartered in the Orlando/Maitland, Florida area, operates several de novo sites focused on CNS and other complex therapeutic-area trials and has participated in more than 150 studies for over 35 pharma and biotech sponsors; terms were not disclosed.

BV Investment Partners Makes Growth Investment in Imagenet, LLC

December 7, 2022

Healthcare Services

BV Investment Partners announced a growth investment in Imagenet, LLC to partner with management and accelerate the expansion of Imagenet's health plan–oriented operational and administrative technology and tech-enabled services. The investment will support scaling Imagenet's JetStream workflow platform, claims adjudication, and back-office support capabilities to serve health plans nationwide.

Evolent Health Acquires IPG from TPG Growth for $375M

June 29, 2022

Healthcare Services

Evolent Health agreed to acquire IPG, a provider of surgical cost management solutions for musculoskeletal conditions, from TPG Growth for $375 million in cash plus up to $87 million of contingent consideration. The IPG platform will be integrated into Evolent’s New Century Health business to expand the company's value-based specialty care capabilities and add new payer and ambulatory surgery center relationships; the deal is expected to be immediately accretive to adjusted EBITDA.

TPG Growth Acquires Implantable Provider Group (IPG)

April 20, 2021

Healthcare Services

TPG Growth, the middle-market and growth equity platform of TPG, has acquired Implantable Provider Group, Inc. (IPG), a provider of surgical cost management solutions. The transaction represents an exit for Camden Partners (and acknowledges prior investor Sequoia Capital) and positions IPG to accelerate geographic expansion and scale its surgical cost-management and analytics platform.

TPG, Summit Partners and Silversmith Provide Growth Capital to LifeStance Health

April 16, 2020

Healthcare Services

LifeStance Health announced that TPG Capital will join existing investors Summit Partners and Silversmith Capital Partners, alongside management, to provide growth capital to expand the company's geographic footprint and digital/telehealth capabilities. The investment will support LifeStance's efforts to increase access to outpatient behavioral health services across the United States.