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Synopsis
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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