TPG completed the acquisition of a majority stake in Trustwell from The Riverside Company.

TPG, an alternative asset management firm, completed the acquisition of a majority stake in Trustwell, a provider of SaaS-based regulatory, compliance, and traceability solutions for the food industry, from The Riverside Company, a global investment firm. Financial terms were not disclosed. “Visibility into the foods we eat, and their ingredients, continues to grow in importance. Trustwell is a market leading provider of software and data solutions that help food & beverage companies increase visibility into their supply chains and enhance the transparency of the items they bring to market. We look forward to partnering with Trustwell to drive further innovation and sustained organic growth,” Akash Pradhan, TPG Business Unit Partner The Rise Funds.