TPG The Rise Fund completed the acquisition of Palmetto.

Synopsis

TPG The Rise Fund, a global impact investing platform, completed the acquisition of Palmetto, a clean energy marketplace, streamlining the process and lowering the cost for homeowners from renewable sources like solar. Financial terms were not disclosed.

Principals

target

Palmetto Clean Technology

bidder

Tpg Rise Climate

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Market Context

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Seller Team (1)

christopher kemper

Chairman, CEO and Founder at PALMETTO CLEAN TECHNOLOGY

Manager

target

Deals

£ 125 M

Total Value

Bidder Team (4)

neal reenan

Partner at Latham & Watkins

Lawyer

bidder

Deals

£ 6.10 B

Total Value

james coulter

Founding Partner at TPG RISE CLIMATE

Investor

bidder

Deals

£ 48.52 B

Total Value

john miller

Partner at Latham & Watkins

Lawyer

bidder

Deals

£ 7.47 B

Total Value

ian bushner

Partner at Latham & Watkins

Lawyer

bidder

Deals

£ 7.61 B

Total Value

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