TPG Inc.

LifeStance Health Group Announces Pricing of Secondary Public Offering

Retrieved on: 
수요일, 5월 22, 2024
Security (finance), EDGAR, Goldman Sachs, Jefferies, Telephone, Varick Street, Sale, 2nd Floor, Prospectus, Common stock, TPG Inc., Morgan Stanley, File, UBS, Life

SCOTTSDALE, Ariz., May 21, 2024 (GLOBE NEWSWIRE) -- LifeStance Health Group, Inc. (“LifeStance” or the “Company”) (Nasdaq: LFST), one of the nation’s largest providers of virtual and in-person outpatient mental health care, today announced the pricing of a secondary underwritten public offering of 20,000,000 shares of LifeStance’s common stock, par value $0.01 per share (the “Common Stock”) at a public offering price of $6.25 per share, pursuant to a shelf registration statement filed with the Securities and Exchange Commission (the “SEC”).

Key Points: 
  • SCOTTSDALE, Ariz., May 21, 2024 (GLOBE NEWSWIRE) -- LifeStance Health Group, Inc. (“LifeStance” or the “Company”) (Nasdaq: LFST), one of the nation’s largest providers of virtual and in-person outpatient mental health care, today announced the pricing of a secondary underwritten public offering of 20,000,000 shares of LifeStance’s common stock, par value $0.01 per share (the “Common Stock”) at a public offering price of $6.25 per share, pursuant to a shelf registration statement filed with the Securities and Exchange Commission (the “SEC”).
  • The Selling Stockholders will receive all of the proceeds from the offering.
  • The Company is not selling any shares of Common Stock in the offering and will not receive any proceeds from the offering.
  • Morgan Stanley, Goldman Sachs & Co. LLC and TPG Capital BD, LLC are acting as lead book-runners for the offering.

LifeStance Health Group Announces Launch of Secondary Public Offering

Retrieved on: 
화요일, 5월 21, 2024
Security (finance), EDGAR, Goldman Sachs, Telephone, Varick Street, Sale, 2nd Floor, Prospectus, Common stock, TPG Inc., Morgan Stanley, File, Life

The underwriters will have a 30-day option to purchase up to an additional 3,000,000 shares of common stock from the Selling Stockholders.

Key Points: 
  • The underwriters will have a 30-day option to purchase up to an additional 3,000,000 shares of common stock from the Selling Stockholders.
  • The Selling Stockholders will receive all of the proceeds from the offering.
  • The Company is not selling any shares of Common Stock in the offering and will not receive any proceeds from the offering.
  • Morgan Stanley, Goldman Sachs & Co. LLC and TPG Capital BD, LLC are acting as the underwriters for the offering.

Private Equity Firm, Initium Management, Launched by Tested Team of Trusted Operators

Retrieved on: 
수요일, 5월 15, 2024
Telecommunications, Media, Intel, FourQ, CFO, Management, University, Sale, Software as a service, Blackline (software company), Philosophy, Colgate University, MBA, Columbia Business School, Growth, Research, Treasury, ARR, TPG Inc., Kerem, GE Capital, Partner (business rank), General Electric Company, Family

"As operators, we are used to being useful and are looking to collaborate with founders and management to transform their businesses into legacies."

Key Points: 
  • "As operators, we are used to being useful and are looking to collaborate with founders and management to transform their businesses into legacies."
  • Kerem Bolukbasi is a respected finance and operations leader with diverse industry background, extensive technical acumen, and two decades of progressive global management experience in operations and private equity.
  • In interim and permanent CFO roles within private equity portfolio companies, Kerem delivered strategy and execution, ensuring alignment between management and shareholders.
  • "Our team welcomes companies ready to ignite their next phase of growth to the world of Initium," concluded Carter Venkat, Founder and Managing Partner.

Keter Environmental Services and Waste Harmonics Name Bob Boucher as CEO of Combined Company

Retrieved on: 
금요일, 5월 3, 2024
Sustainability, Recycling, Environment, Republic Services, TPG Inc., TPG, Collection, Growth, Waste management, Cleanaway, Keter, Ecosystem

Keter Environmental Services and Waste Harmonics, which merged in 2023 to create a leading diversified managed waste service provider (the “Company”), today announced the appointment of Robert “Bob” Boucher as the combined company’s Chief Executive Officer.

Key Points: 
  • Keter Environmental Services and Waste Harmonics, which merged in 2023 to create a leading diversified managed waste service provider (the “Company”), today announced the appointment of Robert “Bob” Boucher as the combined company’s Chief Executive Officer.
  • Waste Harmonics Founder, Michael Hess, and Keter Founder, Steven Schlussel, will continue their involvement with the Company in their roles on the Board and will work closely with Boucher to ensure a smooth transition.
  • “Bob is a veteran of our industry, and we are pleased to welcome a CEO of his caliber at an exciting time for the combined company,” said Hess.
  • “Keter and Waste Harmonics have long been leading players in the waste management space and the growth opportunities ahead for the combined company are impressive,” said Boucher.

Resolute Investment Managers Appoints Veteran Company Executive as Interim CEO Following 2023 Recapitalization

Retrieved on: 
수요일, 5월 1, 2024
Banking, Asset Management, Professional Services, Finance, Investment, Corporate development, Senior, Product management, TPG Inc., Growth, Management

Resolute Investment Managers, Inc. (“Resolute” or the “Company”), a diversified, multi-affiliate asset management platform with more than 30 affiliated and independent relationships, announced today that the Board of Directors has appointed Rebecca L. Harris as interim President and CEO of Resolute.

Key Points: 
  • Resolute Investment Managers, Inc. (“Resolute” or the “Company”), a diversified, multi-affiliate asset management platform with more than 30 affiliated and independent relationships, announced today that the Board of Directors has appointed Rebecca L. Harris as interim President and CEO of Resolute.
  • Ms. Harris has more than 30 years of experience in the industry and has been with Resolute and its affiliate, American Beacon Advisors, since 1991.
  • She currently serves on the executive team of the Company as Senior Vice President leading several strategic areas of the business, including Product Management, Corporate Development and Affiliate Relations.
  • Ms. Harris’s appointment follows the planned resignation of Jeffrey K. Ringdahl, President and Chief Executive Officer of Resolute since 2022.

Sayari Closes $235 Million Strategic Investment from TPG, Inclusive of Additional Capital for Organic Growth and M&A

Retrieved on: 
수요일, 4월 17, 2024
Finance, Banking, Professional Services, Technology, Fintech, Logistics, Supply Chain Management, Transport, Security, Law enforcement, TPG, Government, TPG Inc., Growth, Risk

The upsized investment includes additional capital to support continued organic growth initiatives and M&A opportunities.

Key Points: 
  • The upsized investment includes additional capital to support continued organic growth initiatives and M&A opportunities.
  • Sayari’s founders, employees, and existing investors retain a significant stake in the company.
  • Sayari Graph, Sayari's flagship product that integrates publicly available global corporate and supply chain data, provides risk insights for investigative purposes, analytics, and supply chain risk management.
  • The close of this investment marks a period of considerable growth for Sayari, which has earned consecutive accolades from Deloitte and Inc. Magazine as one of North America's fastest-growing technology companies.

Former Dreambox CEO Jessie Woolley-Wilson Joins Owl Ventures as Operating Partner

Retrieved on: 
목요일, 4월 11, 2024
Education, News, Partnership, Growth, Harvard Business School, GeekWire, University, Internet celebrity, LeapFrog Enterprises, ASU, TPG Inc., Puget Sound Business Journal, Learning, Corner, Conference, The New York Times, TED (conference), K-12, NPR, Corner office, SAN, Chair, Aspen Institute, Aspen, Publication, Business Insider, Blackboard, Operation, College Board, Student, Discovery, Inc., Partner, Quizlet, MBA, Dreambox, Management

Jessie was most recently the CEO and President of DreamBox Learning, an Owl Ventures portfolio company since 2015 that was acquired by Discovery Education in 2023.

Key Points: 
  • Jessie was most recently the CEO and President of DreamBox Learning, an Owl Ventures portfolio company since 2015 that was acquired by Discovery Education in 2023.
  • In addition to being a former Owl Ventures portfolio company CEO, Jessie currently serves on the boards of Owl Ventures portfolio companies Quizlet and Class Technologies.
  • She created enormous enterprise value alongside deep scaled social impact at DreamBox Learning", said Tory Patterson, Co-Founder & Managing Director at Owl Ventures.
  • "I was introduced to Owl Ventures in 2015 when Tory Patterson decided to make a bet on DreamBox Learning and me as a CEO", said Jessie Woolley-Wilson.

Former Dreambox CEO Jessie Woolley-Wilson Joins Owl Ventures as Operating Partner

Retrieved on: 
목요일, 4월 11, 2024
Education, News, Partnership, Growth, Harvard Business School, GeekWire, University, Operating partner, Internet celebrity, LeapFrog Enterprises, ASU, TPG Inc., Puget Sound Business Journal, Learning, Corner, Conference, The New York Times, TED (conference), K-12, NPR, Corner office, SAN, Chair, Aspen Institute, Aspen, Publication, Business Insider, Blackboard, College Board, Student, Discovery, Inc., Partner, Quizlet, MBA, Dreambox, Management

Jessie was most recently the CEO and President of DreamBox Learning, an Owl Ventures portfolio company since 2015 that was acquired by Discovery Education in 2023.

Key Points: 
  • Jessie was most recently the CEO and President of DreamBox Learning, an Owl Ventures portfolio company since 2015 that was acquired by Discovery Education in 2023.
  • In addition to being a former Owl Ventures portfolio company CEO, Jessie currently serves on the boards of Owl Ventures portfolio companies Quizlet and Class Technologies.
  • She created enormous enterprise value alongside deep scaled social impact at DreamBox Learning", said Tory Patterson, Co-Founder & Managing Director at Owl Ventures.
  • "I was introduced to Owl Ventures in 2015 when Tory Patterson decided to make a bet on DreamBox Learning and me as a CEO", said Jessie Woolley-Wilson.

TPG Agrees to Acquire Classic Collision

Retrieved on: 
수요일, 4월 3, 2024
Professional Services, Automotive, General Automotive, Other Automotive, Finance, Asset Management, BofA Securities, Culture, Partnership, Calibration, ADAS, Acquisition, TPG Inc., DeBevoise, Classic, Martha Plimpton, Investment, Kirkland & Ellis, Collision, Management

TPG (NASDAQ: TPG), a global alternative asset management firm, announced today that it has signed a definitive agreement to acquire Classic Collision, a leading, national collision repair multi-site operator.

Key Points: 
  • TPG (NASDAQ: TPG), a global alternative asset management firm, announced today that it has signed a definitive agreement to acquire Classic Collision, a leading, national collision repair multi-site operator.
  • TPG Capital, the U.S. and European private equity platform of TPG, will acquire the business from New Mountain Capital.
  • “Today’s announcement is an exciting milestone for Classic Collision and a great testament to the strength of our team and our collective commitment to providing the highest quality service with integrity,” said Toan Nguyen, CEO of Classic Collision.
  • With longstanding industry relationships and numerous manufacturer certifications, Classic Collision is broadly recognized as a trusted partner in comprehensive collision repair.

Delinea Completes Acquisition of Fastpath, Modernizing Identity Security with Intelligent Authorization to Keep Data Secure

Retrieved on: 
화요일, 4월 2, 2024
Software as a service, SAN, Identity, Acquisition, Organization, TPG Inc., Administration, IGA, PAM, Cryptocurrency

Together, Delinea is committed to providing unparalleled oversight to combat credential compromise, eliminate excessive privileges, and prevent toxic entitlement combinations.

Key Points: 
  • Together, Delinea is committed to providing unparalleled oversight to combat credential compromise, eliminate excessive privileges, and prevent toxic entitlement combinations.
  • "The addition of Fastpath expands how we solve our customers' most complex identity security challenges," said Art Gilliland, CEO of Delinea.
  • "Organizations are struggling with siloed identity security solutions," said Tim Millikin, Delinea Chairman of the Board and Partner at TPG Capital.
  • "With the addition of Fastpath, Delinea solves modern identity security challenges by connecting access controls, identity governance, identity threat detection and remediation, and privileged access management with a single cloud-native platform."