TPG to Acquire GE Vernova’s Proficy Manufacturing Software Business for $600 Million

GE Vernova Acquires Remaining 50% Stake in Prolec GE

February 3, 2026

Industrial Services

GE Vernova has completed the $5.275 billion acquisition of the remaining 50% stake in Prolec GE, its former unconsolidated joint venture with Xignux. With closing, Prolec GE and its affiliates are fully consolidated and will go to market as GE Vernova within the Electrification segment.

TPG Completes Majority Investment in iNova Pharmaceuticals

October 31, 2022

Pharmaceuticals

TPG (through its Asia platform) completed a majority investment in iNova Pharmaceuticals, a multinational consumer health and pharmaceutical company, with existing investor Pacific Equity Partners re-investing as a minority co-investor. The deal will support iNova's regional expansion and growth strategy across Southeast and North Asia, and fund channel expansion, product-in-fill and technology investments.

Abrigo Acquires TPG Software

March 27, 2024

Software

Abrigo has acquired TPG Software, a Houston-based provider of investment accounting and management solutions for financial institutions. The deal expands Abrigo's technical accounting, risk management, and reporting capabilities to better serve banks, credit unions, broker-dealers, and other financial institutions.

TPG to Acquire PTC’s Kepware and ThingWorx Industrial Connectivity and IoT Businesses

November 5, 2025

Cloud & SaaS

PTC (NASDAQ: PTC) and TPG announced a definitive agreement under which TPG will acquire PTC’s Kepware industrial connectivity and ThingWorx IoT businesses. The transaction is expected to close in the first half of calendar year 2026, subject to regulatory approvals and customary closing conditions.

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 Capital and TA Associates Acquire Planview from Thoma Bravo for $1.6 Billion

November 10, 2020

Cloud & SaaS

TPG Capital and TA Associates have agreed to acquire Planview, a provider of Portfolio Management and Work Management software, from Thoma Bravo in a $1.6 billion transaction. Thoma Bravo will retain a minority interest; the deal is intended to accelerate Planview’s growth and expand its enterprise SaaS capabilities as it transitions leadership following CEO Greg Gilmore’s planned departure.