TPG to acquire a majority stake in Nintex.

TPG Capital agreed to acquire a majority stake in Nintex, a global standard for process management and automation. Thoma Bravo plans to make a new equity investment in the company and maintain a significant minority interest. Financial terms were not disclosed. "In today's landscape, digital process automation and management are critical to any company's ability to work effectively and efficiently. The automation of the enterprise is a core investment theme for our software team, and we believe Nintex is at the forefront of enabling this transformation. While the company serves thousands of organizations today, we believe they are only scratching the surface in terms of the breadth of departmental and industry process solutions needed. We look forward to working with the teams at Nintex and Thoma Bravo to accelerate the company's growth," Nehal Raj, TPG Co-Managing Partner.