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New Deal


Announced

Completed

TPG Growth and The Rise Fund completed the acquisition of CLEAResult from General Atlantic.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

renewable energy programs

energy efficiency programs

Private

Consumer Services: Other

Completed

Acquisition

Friendly

energy management services

Majority

Single Bidder

Private Equity

Synopsis

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TPG Growth, the middle-market and growth equity platform within TPG, and The Rise Fund, a investing fund managed by TPG, completed the acquisition of CLEAResult, designer and implementor of technology-enabled energy efficiency programs for utilities, from General Atlantic. Financial terms were not disclosed. “We look forward to continued growth in providing innovative energy efficiency services in partnership with TPG. Delivering exceptional value to our clients will continue to be our driving force, and we look forward to our next phase of growth with TPG,” Aziz Virani, CLEAResult CEO.

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