Investments
191Portfolio Exits
67Funds
14Partners & Customers
1Service Providers
3About TPG Growth
TPG Growth is the middle market and growth equity investment platform of TPG, the global private investment firm. With $3.0 billion under management, TPG Growth targets investments in a broad range of industries and geographies, utilizing leveraged buyout, growth equity, and private investment in public equity (PIPE) structures. TPG and its affiliates have significant healthcare experience with investments in Aptalis Pharma, Healthscope, Biomet, Fenwal, IASIS Healthcare, IMS Health, Oxford Health Plans, Parkway Holdings, Quintiles Transnational, ShangPharma, and Surgical Care Affiliates, among others. The firm is backed by the resources of TPG with $51.5 billion of assets under management. TPG Growth has offices in the United States, China, and India.
TPG Growth Headquarter Location
2882 Sand Hill Road Suite 106
Menlo Park, California, 94025,
United States
650-289-5800
Expert Collections containing TPG Growth
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Find TPG Growth in 2 Expert Collections, including Vitamin & Supplement Startups.
Vitamin & Supplement Startups
237 items
Unicorns- Billion Dollar Startups
113 items
Latest TPG Growth News
Nov 9, 2021
Seasoned , a San Francisco, CA-based provider of an app-based recruitment and hiring tool for restaurants, raised $18.7m in Series A financing. The round was led by Horizons Ventures, with participation from TPG Growth and existing investors. The company intends to use the funds to enhance its its hiring platform and expand its restaurant worker network to new markets. Led by Ware Sykes, CEO, Seasoned provides two core products: a community for industry employees to review openings, schedule interviews themselves, and connect with their peers for advice and guidance, and an app-based hiring tool that reduces friction, accelerates time to hire, substantially lowers restaurants costs, and frees up managers time. Following the release of its hiring product in Dallas, the company has partnered with more than 300 national and local restaurant brands that own and operate more than 100,000 locations across the country, and has added Houston, Austin, Orlando, and Miami to its platform. FinSMEs
TPG Growth Investments
191 Investments
TPG Growth has made 191 investments. Their latest investment was in Seasoned as part of their Series A - III on November 11, 2021.
TPG Growth Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
11/10/2021 | Series A - III | Seasoned | $18.7M | No | 2 | |
11/2/2021 | Series D | Everlaw | $202M | Yes | 3 | |
11/2/2021 | Recap | Keter Environmental Services | Yes | 2 | ||
6/28/2021 | Series F | |||||
5/13/2021 | Series E |
Date | 11/10/2021 | 11/2/2021 | 11/2/2021 | 6/28/2021 | 5/13/2021 |
|---|---|---|---|---|---|
Round | Series A - III | Series D | Recap | Series F | Series E |
Company | Seasoned | Everlaw | Keter Environmental Services | ||
Amount | $18.7M | $202M | |||
New? | No | Yes | Yes | ||
Co-Investors | |||||
Sources | 2 | 3 | 2 |
TPG Growth Portfolio Exits
67 Portfolio Exits
TPG Growth has 67 portfolio exits. Their latest portfolio exit was Nykaa on November 01, 2021.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
|---|---|---|---|---|---|
11/1/2021 | IPO | 1 | |||
10/13/2021 | IPO | 3 | |||
9/29/2021 | Acquired | 7 | |||
Date | 11/1/2021 | 10/13/2021 | 9/29/2021 | ||
|---|---|---|---|---|---|
Exit | IPO | IPO | Acquired | ||
Companies | |||||
Valuation | |||||
Acquirer | |||||
Sources | 1 | 3 | 7 |
TPG Growth Acquisitions
30 Acquisitions
TPG Growth acquired 30 companies. Their latest acquisition was Microgame on July 22, 2021.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
|---|---|---|---|---|---|---|
7/22/2021 | Shareholder Liquidity | Shareholder Liquidity | 2 | |||
2/2/2021 | Private Equity | Acq - Fin | 2 | |||
1/14/2021 | Series E | $156.5M | Acq - Fin | 2 | ||
10/27/2020 | Angel | |||||
1/23/2020 | Private Equity |
Date | 7/22/2021 | 2/2/2021 | 1/14/2021 | 10/27/2020 | 1/23/2020 |
|---|---|---|---|---|---|
Investment Stage | Shareholder Liquidity | Private Equity | Series E | Angel | Private Equity |
Companies | |||||
Valuation | |||||
Total Funding | $156.5M | ||||
Note | Shareholder Liquidity | Acq - Fin | Acq - Fin | ||
Sources | 2 | 2 | 2 |
TPG Growth Fund History
14 Fund Histories
TPG Growth has 14 funds, including TPG GROWTH II GATOR.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
|---|---|---|---|---|---|
12/27/2019 | TPG GROWTH II GATOR | $675.9M | 6 | ||
10/21/2019 | The Rise Fund II | Diversified Private Equity | 1 | ||
12/18/2017 | TPG Growth Fund IV | $3,700M | 1 | ||
10/4/2017 | The Rise Fund | ||||
3/15/2016 | Evercare Health Fund LP |
Closing Date | 12/27/2019 | 10/21/2019 | 12/18/2017 | 10/4/2017 | 3/15/2016 |
|---|---|---|---|---|---|
Fund | TPG GROWTH II GATOR | The Rise Fund II | TPG Growth Fund IV | The Rise Fund | Evercare Health Fund LP |
Fund Type | Diversified Private Equity | ||||
Status | |||||
Amount | $675.9M | $3,700M | |||
Sources | 6 | 1 | 1 |
TPG Growth Partners & Customers
1 Partners and customers
TPG Growth has 1 strategic partners and customers. TPG Growth recently partnered with Smile Group on April 4, 2014.
Date | Type | Business Partner | Country | News Snippet | Sources |
|---|---|---|---|---|---|
4/17/2014 | Partner | Smile Group | India | Harish Bahl of Smile Group on Katalyzers, TPG’s role and Springstar — Medianama Smile Group has created a joint venture with TPG Growth called Katalyzers to help companies from developed markets launch their products in developing markets . | 1 |
Date | 4/17/2014 |
|---|---|
Type | Partner |
Business Partner | Smile Group |
Country | India |
News Snippet | Harish Bahl of Smile Group on Katalyzers, TPG’s role and Springstar — Medianama Smile Group has created a joint venture with TPG Growth called Katalyzers to help companies from developed markets launch their products in developing markets . |
Sources | 1 |
TPG Growth Team
8 Team Members
TPG Growth has 8 team members, including current Managing Partner, Steve Ellis.
Name | Work History | Title | Status |
|---|---|---|---|
Steve Ellis | Managing Partner | Current | |
Matthew T. Hobart | Managing Director | Current | |
Badri Nathan | General Partner | Current | |
William E McGlashan | J.H. Whitney, and Pharmanex | Managing Partner | Former |
Anjali Bansal | Managing Director | Former |
Name | Steve Ellis | Matthew T. Hobart | Badri Nathan | William E McGlashan | Anjali Bansal |
|---|---|---|---|---|---|
Work History | J.H. Whitney, and Pharmanex | ||||
Title | Managing Partner | Managing Director | General Partner | Managing Partner | Managing Director |
Status | Current | Current | Current | Former | Former |