TPG to Invest in G&A Partners
23 Janvier 2024 - 2:00PM
Business Wire
G&A Partners, a leading human resources and technology
services platform, announced today that TPG, a leading global
alternative asset management firm, has partnered with the G&A
management team and employees to invest in G&A Partners. TPG is
investing in the business through TPG Capital, its U.S. and
European private equity platform.
G&A Partners, a professional employment organization (PEO),
supports more than 3,000 small and medium-sized businesses
nationwide through a full suite of technology-enabled human
resources services. The company leverages its deep history and
experience in human resources to customize offerings according to
customers’ needs, with comprehensive capabilities across HR
management software, payroll administration, health insurance and
benefits, risk management and compliance, and outsourced
accounting.
“For more than 25 years, we have served as a trusted partner to
growing organizations in supporting the unique needs of their
people, allowing them to reduce costs while retaining and competing
for the best talent,” said John W. Allen, Co-Founder, President,
and CEO of G&A Partners. “TPG’s long history of investing
behind industry-leading technology-enabled services companies makes
them an ideal partner for G&A as we look to expand the
capabilities and services we provide our customers.”
“As companies contend with increasingly complex regulatory
environments, the importance of the employee experience remains
paramount,” said Peter Munzig, Partner at TPG. “For nearly three
decades, G&A has demonstrated a track record of growth and
helping solve their customers’ most complex human capital needs. We
are thrilled to partner with the G&A team in the company’s next
phase of growth.”
“G&A is a leader in the PEO space that provides
organizations with high-quality, comprehensive services at scale as
they navigate and look to streamline key HR processes. We are
excited to support the company in the years ahead,” added Alex
Minasian, Principal at TPG.
Piper Sandler served as financial advisor to G&A, and
Dentons served as legal counsel to the company. Paul, Weiss,
Rifkind, Wharton & Garrison LLP and Ropes & Gray LLP served
as legal counsel to TPG. Terms of the transaction were not
disclosed.
About G&A Partners
G&A Partners, a leading national professional employer
organization (PEO), has been helping entrepreneurs grow their
businesses for almost 30 years. By delivering world-class services
with trusted experts in HR administration, benefits, and payroll,
clients now have the time and freedom they need to focus on what
matters most—their employees, products and services, and their
customers. Headquartered in Houston, G&A Partners has offices
located throughout the U.S.
About TPG
TPG (Nasdaq: TPG) is a leading global alternative asset
management firm, founded in San Francisco in 1992, with $212
billion of assets under management and investment and operational
teams around the world. TPG invests across a broadly diversified
set of strategies, including private equity, impact, credit, real
estate, and market solutions, and our unique strategy is driven by
collaboration, innovation, and inclusion. Our teams combine deep
product and sector experience with broad capabilities and expertise
to develop differentiated insights and add value for our fund
investors, portfolio companies, management teams, and communities.
For more information, visit www.tpg.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240122950016/en/
Media Courtney Power media@tpg.com
TPG (NASDAQ:TPG)
Graphique Historique de l'Action
De Fév 2025 à Mar 2025
TPG (NASDAQ:TPG)
Graphique Historique de l'Action
De Mar 2024 à Mar 2025