TPG Makes Strategic Investment in Sauce Labs

TPG Deepens Investment in Sauce Labs

March 9, 2021

Cloud & SaaS

Sauce Labs announced that TPG has significantly increased its investment stake in the company and that Art Heidrich from TPG has joined Sauce Labs' Board of Directors. The minority/growth investment will support Sauce Labs’ continued expansion of its continuous testing platform and follow recent product and tuck-in acquisition activity (AutonomIQ and API Fortress).

Riverwood Capital Invests $50M in Sauce Labs

March 26, 2019

Cloud & SaaS

Sauce Labs received a $50 million growth investment from Riverwood Capital to accelerate product development, R&D and expand its Continuous Testing Cloud platform. As part of the investment, Riverwood partner Jeff Parks will join the Sauce Labs board to support the company's rapid growth and strategic initiatives.

TPG Makes >$100M Growth Investment in EIS

June 29, 2021

Cloud & SaaS

TPG, via its TPG Tech Adjacencies fund, made a growth investment of more than $100 million in EIS, a San Francisco–based cloud-native insurance software platform. The capital will be used to accelerate product development across risk, health and wealth lines and to support geographic expansion.

TPG and Insight Partners Invest $500M+ in Kaseya

May 3, 2019

Software

Kaseya has completed an investment round of more than $500 million led by TPG (including TPG Growth, TPG Tech Adjacencies and TPG Sixth Street Partners) alongside existing investor Insight Partners to accelerate product R&D, strategic acquisitions and international expansion. The growth investment values Kaseya at approximately $1.75 billion and will be used to fuel further M&A, expand global reach, and accelerate development of the Kaseya IT Complete platform.

TPG Growth Invests $150 Million in Tessolve

September 4, 2025

Engineering Services

TPG Growth has invested $150 million in Tessolve, a global semiconductor and embedded engineering services provider, in a growth equity transaction. The capital will be used to expand R&D and test lab capacity, strengthen global delivery centers, and support strategic acquisitions as Tessolve scales its semiconductor engineering capabilities.

TPG Growth Makes Majority Strategic Investment in Sayari

January 16, 2024

Data & Analytics

TPG Growth, the middle market and growth equity platform of TPG, has completed a strategic majority investment in Sayari to support the company's global expansion, product development, and M&A initiatives. The upsized financing (reported as $228M–$235M across announcements) leaves Sayari's founders, employees, and existing investors with a significant stake and provides capital to accelerate Sayari's supply chain risk and counterparty intelligence offerings.