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New Deal


Announced

TPG Capital to invest in Syre.

Financials

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Transaction Value-
Consideration TypeCash
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Tags

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Sweden

Cross Border

Pending

Friendly

Single Bidder

textile impact

Textile Products

Acquisition

Minority

Private

Private Equity

Synopsis

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TPG Capital, an American private equity firm, agreed to invest in Syre, a textile impact company. Financial terms were not disclosed. “Syre marks the start of the great textile shift. We envision a world where every textile fiber sees a new day. By implementing true textile-to-textile recycling at hyperscale, we want to drive the transition from a linear to a circular value chain by putting textile waste to use, over and over again,” Dennis Nobelius, Syre CEO.

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