Private Equity Firm Financial Services

Sixth Street

San Francisco, California, United States

Sixth Street is a global investment firm using long-term flexible capital, data-enabled capabilities, and a One Team approach to develop themes and offer solutions to companies across growth stages and asset classes.

Focus Areas
Private credit, Alternative investment management, Asset-based finance
Website
sixthstreet.com

Tracked deals

60

60 tracked deals across 2020-2026.

Recent pace

11

11 tracked deals announced in the last 12 months.

Deal mix

Growth capital

34 growth capital · 23 buyout · 2 divestiture

Sixth Street Acquisition Volume by Year

Last 7 years

Acquisition volume by year Annual acquisition counts for the last 7 years for Sixth Street. 3 2020 7 2021 12 2022 8 2023 11 2024 9 2025 ~13 est. 10 2026
Actual Full-year estimate

Supporting Data

Recent Transactions

Showing the 12 most recent of 60 tracked deals for Sixth Street.

  • Buyer
    Warburg Pincus Capital Solutions Founders Fund (WPCS FF), Goldman Sachs Alternatives, Sixth Street
    Target
    Paradigm Oral Health
    Seller
    BlackRock Long Term Private Capital (BlackRock LTPC)

    Paradigm Oral Health announced a buyback of BlackRock Long Term Private Capital’s ownership stake, returning majority control to its surgeons and management. The buyback is backed by an investment led by Warburg Pincus, in partnership with Goldman Sachs Alternatives and Sixth Street.

  • Buyer
    Summit Partners, Insight Partners, Sixth Street Growth
    Target
    Keyfactor
    Industry
    Cloud & SaaS

    Keyfactor, a trust infrastructure platform for the AI and quantum era, announced a $1 billion+ strategic growth investment led by Summit Partners. Following the close, existing investors Insight Partners and Sixth Street Growth will maintain significant ownership, supporting Keyfactor’s product innovation, global expansion, and strategic acquisitions.

  • Buyer
    Sixth Street
    Target
    Monument Re
    Seller
    Hannover Re
    Location
    United Kingdom
    Type
    Buyout

    Sixth Street announced that its investment vehicles have entered into a definitive agreement to acquire a majority stake in Monument Re. The transaction is expected to provide Monument Re with fresh capital and resources to accelerate strategic initiatives, with Monument Re continuing to operate as a standalone company after closing.

  • Buyer
    Sixth Street Growth
    Target
    Chronograph
    Industry
    IT Services

    Chronograph, a provider of portfolio monitoring, valuations, and analytics technology for institutional private capital investors, announced a minority growth equity investment of over $140 million from Sixth Street Growth. Existing investors including Summit Partners, Carlyle AlpInvest, Nasdaq Ventures, and Sidekick Partners will retain minority positions, with proceeds earmarked for expanded AI product capabilities, a new private credit portfolio monitoring platform, and global footprint growth.

  • Buyer
    Sixth Street (certain funds managed by)
    Target
    Pinnacle Gas Services LLC
    Seller
    Comstock Resources, Inc.
    Industry
    Energy

    Comstock Resources sold a 27% non-controlling minority equity interest in its midstream subsidiary Pinnacle Gas Services LLC to certain funds managed by Sixth Street for $600 million. The investment values Pinnacle at a $2.2 billion enterprise value, while Comstock retained 73% controlling equity and continues to manage, operate, and control Pinnacle under a management services agreement.

  • Buyer
    Sixth Street (Sixth Street Growth), Insight Partners, Five Arrows
    Target
    Kpler
    Seller
    Five Arrows
    Industry
    Data & Analytics
    Location
    Belgium

    Sixth Street Growth (Sixth Street) announced it will invest over $1 billion for a minority strategic growth equity stake in Belgian global physical trade intelligence and analytics company Kpler. Kpler’s management will remain majority owners, Insight Partners will remain a shareholder (rolling part of its original investment), and Five Arrows will exit its position.

  • Buyer
    Bain Capital, Sixth Street, Harvest Partners Structured Capital
    Target
    Power Home Remodeling

    Power Home Remodeling (POWER) announced it secured growth investment from Bain Capital, Sixth Street, and Harvest Partners Structured Capital. The investors will partner with management and existing investor Harvest Partners to fund POWER’s continued footprint expansion and investment in its proprietary operating platform.

  • Buyer
    Paratek Pharmaceuticals, Inc., B-FLEXION Life Sciences, Blackstone Credit & Insurance, Sixth Street, Oaktree Capital Management, L.P., Silver Point Capital, Pharmakon Advisors, LP
    Target
    Radius Health, Inc.
    Industry
    Pharmaceuticals
    Type
    Buyout

    Paratek Pharmaceuticals completed its combination with Radius Health, adding Radius’s osteoporosis therapy TYMLOS (abaloparatide) to Paratek’s specialty pharmaceutical portfolio. The combined company is expected to generate nearly $1 billion in revenue in 2026 and expands the platform across multiple high-need therapeutic areas.

  • Buyer
    HPS Investment Partners, Ares Management Corporation (Ares' private equity arm), DaVita, Sixth Street
    Target
    Elara Caring

    HPS Investment Partners led a roughly $700 million private-credit financing for home healthcare provider Elara Caring. The deal also includes a strategic investment from Ares’ private equity arm and DaVita, with Sixth Street participating in the financing to help fuel Elara’s growth.

  • Buyer
    Enstar Group, Sixth Street
    Target
    AF Group
    Seller
    Blue Cross Blue Shield of Michigan
    Industry
    Insurance
    Type
    Buyout

    Blue Cross Blue Shield of Michigan entered into a definitive agreement to sell its wholly owned subsidiary AF Group to Enstar Group, a global insurance and reinsurance group backed by investment vehicles managed by Sixth Street. AF Group will become a wholly owned subsidiary of Enstar and is expected to continue operating largely as a standalone company from its Lansing headquarters, subject to regulatory approvals. The transaction is expected to close in the fourth quarter of 2026; financial terms were not disclosed.

  • Buyer
    Sixth Street
    Target
    CR Fitness Holdings

    Sixth Street has made a strategic growth investment in CR Fitness Holdings, the largest Crunch Fitness franchisee, to support aggressive club expansion and member-experience initiatives. North Castle Partners remains the largest shareholder and Golub Capital provided a new senior debt facility to support the transaction.

  • Buyer
    Sixth Street
    Target
    Global Lending Services
    Type
    Buyout

    Global Lending Services (GLS) entered into a definitive agreement to be acquired by Sixth Street, a global investment firm. GLS and its long-tenured management team will continue to lead the company after the transaction; deal terms were not disclosed.

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