Tracked deals
13
13 tracked deals across 2019-2026.
Private Equity Firm
Other
TPG Growth
San Francisco, California, United States
TPG Growth is TPG’s middle-market and growth equity platform investing in growth-oriented companies across sectors.
- Focus Areas
- Growth equity, Middle-market investing
Recent pace
2
2 tracked deals announced in the last 12 months.
Deal mix
Buyout
5 buyout · 4 growth capital · 3 addon
TPG Growth Acquisition Volume by Year
Last 7 years
Actual
Full-year estimate
Supporting Data
Recent Transactions
Showing the 12 most recent of 13 tracked deals for TPG Growth.
-
- Buyer
- TPG (through TPG Growth)
- Target
- Smith + Howard
- Seller
- Broad Sky Partners
- Industry
- Professional Services
- Location
- Georgia, United States
- Type
- Buyout
Broad Sky Partners completed the sale of Smith + Howard to TPG, with TPG funding the deal through TPG Growth. The transaction concludes Broad Sky’s roughly three-and-a-half-year partnership, during which Smith + Howard expanded from a single Atlanta office into a national platform with multiple locations and an offshore delivery center in India.
-
- Buyer
- TPG (through TPG Growth)
- Target
- Smith + Howard
- Seller
- Broad Sky Partners
- Industry
- Professional Services
- Location
- Georgia, United States
- Type
- Growth capital
TPG has signed a definitive agreement to make a significant investment in Smith + Howard through its middle-market and growth equity platform, TPG Growth. The investment is intended to support Smith + Howard’s national expansion, technology and AI integration, and growth of its advisory capabilities; Broad Sky Partners’ ownership stake is expected to be transferred as part of the investor “flip.” The transaction was expected to close in Q3 2026, subject to customary conditions.
-
- Buyer
- TPG, TPG Growth
- Target
- Irth Solutions
- Seller
- Blackstone Energy Transition Partners
- Industry
- Cloud & SaaS
- Location
- Ohio, United States
- Type
- Buyout
Irth Solutions, a provider of cloud-based enterprise software for critical energy and infrastructure companies, has entered into a definitive agreement to be acquired by TPG via TPG Growth. The transaction is expected to close in late 2025, subject to customary closing conditions, and represents a strategic exit for Blackstone Energy Transition Partners.
-
September 26, 2024
- Buyer
- TPG Growth
- Target
- Homrich Berg
- Industry
- Financial Services
- Location
- Georgia, United States
- Type
- Growth capital
Homrich Berg, an Atlanta-based independent wealth management firm, announced a strategic minority investment from TPG Growth. The deal terms were undisclosed, with Homrich Berg’s management team remaining the largest shareholder group and retaining operational control.
-
January 23, 2024
- Buyer
- TPG Growth (TPG), Health Velocity Capital
- Target
- Compass Surgical Partners
- Industry
- Healthcare Services
- Location
- North Carolina, United States
- Type
- Growth capital
TPG Growth has made a strategic growth equity investment in Compass Surgical Partners, participating alongside existing investor Health Velocity Capital. The capital will be used to accelerate Compass's expansion of ambulatory surgery center (ASC) joint ventures with health systems and physician groups across the U.S.; terms were not disclosed.
-
- Buyer
- Clayton, Dubilier & Rice (CD&R), TPG Capital
- Target
- Covetrus
- Industry
- Healthcare Services
- Location
- Maine, United States
- Type
- Buyout
Covetrus entered into a definitive agreement to be acquired by funds affiliated with Clayton, Dubilier & Rice (CD&R) and TPG Capital for $21.00 per share in cash, implying an enterprise value of approximately $4 billion. The transaction is expected to close in the second half of 2022, subject to regulatory approvals and Covetrus shareholder approval, after which Covetrus will become a private company.
-
April 26, 2022
- Buyer
- TPG Growth
- Target
- Morrow Sodali
- Seller
- Granite Creek Capital Partners, L.L.C.
- Industry
- Consulting
- Location
- New York, United States
- Type
- Buyout
TPG Growth has acquired a majority stake in Morrow Sodali, the global shareholder engagement and governance advisory firm, with Granite Creek Capital Partners retaining a minority position. The investment is intended to accelerate Morrow Sodali’s global growth, expand its services and M&A capabilities, and support continued investments in ESG, governance, and shareholder engagement offerings.
-
January 12, 2022
- Buyer
- TPG Growth (TPG)
- Target
- AnovoRx Holdings, Inc. (Anovo)
- Industry
- Healthcare Services
- Location
- Tennessee, United States
- Type
- Growth capital
TPG Growth has made a significant minority investment in AnovoRx Holdings, Inc. (Anovo), a specialty pharmacy and patient-support services provider that partners with biopharmaceutical manufacturers to deliver therapies to patients with rare and complex diseases. Financial terms were not disclosed; TPG said the investment will help Anovo expand its service offering, scale operations, and deepen relationships with manufacturer clients and patients.
-
March 8, 2021
- Buyer
- Resource Label Group, LLC, First Atlantic Capital, TPG Growth
- Target
- New England Label
- Industry
- Packaging
- Location
- Massachusetts, United States
- Type
- Addon
Resource Label Group, a PE-backed label manufacturer, has acquired New England Label of Andover, Massachusetts to expand its Northeast footprint. Resource Label is a portfolio company of First Atlantic Capital and TPG Growth; the deal is an add-on acquisition that broadens the platform's flexographic, digital and screen printing capabilities across food, beverage, medical/pharmaceutical and personal care end markets.
-
October 27, 2020
- Buyer
- Resource Label Group, LLC, First Atlantic Capital, TPG Growth
- Target
- McDowell Packaging & Advertising Co., Inc. (McDowell Label)
- Industry
- Packaging
- Location
- Texas, United States
- Type
- Addon
Resource Label Group, a portfolio company of First Atlantic Capital and TPG Growth, has acquired Dallas-based McDowell Packaging & Advertising Co., Inc. (McDowell Label) to strengthen Resource Label's presence in the U.S. Southwest. McDowell Label will continue serving consumer brand customers across premium beverage, cosmetics/personal care, nutraceutical, food, pet care and automotive markets, adding complementary label, shrink sleeve and RFID/NFC capabilities to the platform.
-
- Buyer
- TPG Capital, Leonard Green & Partners
- Target
- WellSky
- Industry
- Healthcare Services
- Location
- Kansas, United States
- Type
- Recapitalization
WellSky has agreed to a new capital partnership that adds Leonard Green & Partners alongside existing investor TPG Capital, with TPG making a new equity investment and creating a new capital structure for the company. The recapitalization is intended to accelerate WellSky's technology innovation and expansion across the post-acute and community care continuum; terms were not disclosed and the deal was expected to close in Q3 2020.
-
- Buyer
- TPG Growth, Crunch Fitness management (Jim Rowley, Mark Mastrov, Ben Midgley, Keith Worts)
- Target
- Crunch Fitness
- Industry
- Healthcare Services
- Location
- New York, United States
- Type
- Buyout
TPG Growth partnered with Crunch Fitness management to acquire Crunch Fitness, including its company-owned "Signature" facilities and global franchising business. Financial terms were not disclosed; the partnership aims to accelerate Crunch's franchise expansion and enhance its capabilities to grow the brand internationally.
Related Acquisition Pages
Healthcare Services Buyers & Acquisitions
6 tracked deals by TPG Growth.
Packaging Buyers & Acquisitions
2 tracked deals by TPG Growth.
Professional Services Buyers & Acquisitions
2 tracked deals by TPG Growth.
Cloud & SaaS Buyers & Acquisitions
1 tracked deal by TPG Growth.
Acquisitions in Georgia
3 tracked deals by TPG Growth.
Acquisitions in New York
2 tracked deals by TPG Growth.
Acquisitions in Kansas
1 tracked deal by TPG Growth.
Acquisitions in Maine
1 tracked deal by TPG Growth.
Selling a company? Get in front of buyers like TPG Growth
Turn tracked acquisition activity into an outreach-ready buyer list.