TPG completed a $150m investment in Hero Electronix-backed Tessolve.

TPG, an alternative asset management firm, completed a $150m investment in Hero Electronix-backed Tessolve, a semiconductor engineering services company. “Over the years, Tessolve has grown from a test engineering lab to a full-scale semiconductor engineering services provider, with end-to-end capabilities across the semiconductor value chain. As a partner-of-choice for many of the world’s fast growing, tech-forward organizations, we are excited to partner with Srini and his team and have Tessolve among our portfolio of innovative tech businesses,” Bhushan Bopardikar, TPG Growth Business Unit Partner.