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New Deal


Announced

Completed

TPG Capital completed $199m investment in Morrow Sodali.

Financials

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Transaction Value£156m
Consideration TypeCash, Preference Shares
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Business Process Outsourcing

consulting

management consulting

financial services

United States

Friendly

Acquisition

Completed

Private

Single Bidder

Private Equity

Domestic

Synopsis

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TPG Capital, a private equity firm, completed the acquisition of a majority stake in Morrow Sodali, a financial services company, for $199m. "We are thrilled to become a TPG portfolio company. Joining forces with an organization of TPG's strength and breadth will allow us to further enhance our market leadership position, forged over decades of guiding clients through every critical trend impacting corporations, shareholders, and the financial markets. Our focus is on delivering value creation and as we move forward with TPG’s backing, we’ll grow that value for our clients, especially as they increase their focus on corporate purpose and the goals of diversity, inclusiveness, and sustainability," Alvise Recchi, Morrow Sodali CEO.

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