TPG and CPP Investments Inject ~$500M into Viking Holdings Ltd

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 Capital and Vida Ventures Invest $225M in Asklepios BioPharmaceutical (AskBio)

April 11, 2019

Biotechnology

Asklepios BioPharmaceutical (AskBio) raised $235 million in new capital, with TPG Capital and Vida Ventures investing $225 million for a minority stake while AskBio’s founders and board co-invested $10 million. The funding will be used to accelerate clinical development and expand manufacturing capabilities, particularly for AskBio’s AAV gene therapy platform and pipeline.

Hg Increases Ownership in Visma; Cinven Sells Remaining Stake

April 18, 2019

Software

Hg Saturn (Hg) and its investors agreed to a further ~€640 million equity investment in Visma, with the Canada Pension Plan Investment Board (CPPIB) committing ~€110 million. As part of the transaction Cinven sells its remaining stake, valuing Visma at an enterprise value of over €6.5 billion and leaving Hg-managed funds with about a 63% ownership alongside co-investors including GIC, ICG and Montagu.

StoneTree Investment Partners Invests in Viking Engineering & Development

October 29, 2024

Manufacturing

StoneTree Investment Partners, a lower middle market industrials-focused private equity firm, has invested in Viking Engineering & Development, a Blaine, Minnesota-based manufacturer of automated assembly and fastening equipment for the pallet and bed frame industries. The investment will support Viking's growth and operational/technology initiatives; financial terms were not disclosed.

TPG Capital and Rory McIlroy's Symphony Ventures Invest in Troon

November 15, 2021

Restaurants & Hospitality

TPG Capital, joined by Rory McIlroy's Symphony Ventures, has agreed to make a significant strategic investment in Troon, the Scottsdale-based golf and club management company. Existing investor Leonard Green & Partners will retain a substantial stake; the capital will be used to accelerate Troon's growth and expand its market-leading services globally.

TPG Invests ₹1,837.5 Crore in Reliance Retail Ventures

October 2, 2020

Retail

Global private equity firm TPG will invest ₹1,837.5 crore in Reliance Retail Ventures Limited (RRVL), taking a ~0.41% fully diluted stake and valuing RRVL at a pre-money equity value of ₹4.285 lakh crore. The minority growth investment, made from TPG's TPG Capital Asia fund, is intended to support Reliance Retail's New Commerce transformation and expansion of its omnichannel and merchant platform.