Investment Summary

TPG and CPP Investments Invest In Viking Cruises

On November 9, 2020, private equity firm TPG and pension CPP Investments invested in marine company Viking Cruises

Investment Highlights
  • This is TPG’s 1st and CPP Investments’ 1st transaction in the Marine sector.
  • This is TPG’s 236th and CPP Investments’ 18th transaction in the United States.
  • This is TPG’s 77th and CPP Investments’ 5th transaction in California.

Investment Summary

Date 2020-11-09
Target Viking Cruises
Sector Marine
Investor(s) TPG
CPP Investments
Deal Type Growth Capital

Target

Viking Cruises

Woodland Hills, California, United States
website
Viking Cruises offers destination-focused journeys on rivers, oceans, and lakes around the world. Designed for experienced travelers with interests in science, history, culture, and cuisine. Viking Cruises was founded in 1997 and is based in Woodland Hills, California.

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Investor(S) 2

Investor

TPG

Fort Worth, Texas, United States

Investor Investor Investor Investor

website


Category Private Equity Firm
Founded 1992
PE ASSETS 137.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

TPG Capital is a global, mega-sized private investment firm that manages a family of funds focused on private equity, real estate, venture capital, public equity and debt investing. TPG invests in opportunities across a broad range of industries and geographies. TPG generally seeks to invest in established businesses that can benefit from the Firm's operational experience and connections. Industries of interest include consumer, retail, healthcare, industrials, digital media, natural resources, energy, real estate, technology, and software. TPG was formerly known as Texas Pacific Group and was originally established in 1992 by David Bonderman, James Coulter and William Price. The Firm is based in Forth Worth, Texas with additional offices in Europe, Asia, and Australia.


DEAL STATS #
Overall 363 of 401
Sector (Marine) 1 of 1
Type (Growth Capital) 57 of 63
State (California) 77 of 82
Country (United States) 236 of 269
Year (2020) 10 of 11
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-02 LLamasoft

Ann Arbor, Michigan, United States

LLamasoft software helps organizations worldwide design and improve their supply chain operations. LLamasoft solutions enable companies across a wide range of industries to model, optimize and simulate their supply chain network, leading to major improvements in cost, service, sustainability and risk mitigation. Headquartered in Ann Arbor, Michigan, LLamasoft is a leader in supply chain excellence and innovation, advancing technology focused on continuous improvement of enterprise supply chains for the world’s largest organizations.

Sell $1.5B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-10 Planview

Austin, Texas, United States

Planview is a provider of IT Governance software solutions to the Global 2000 with applications that help companies optimize the utilization of resources and manage/monitor IT projects. Planview was formed in 1989 and is based in Austin, Texas.

Buy $1.6B
DESCRIPTION

CPP Investments is a Canadian pension fund focused on a variety of investing strategies, including public equities, debt, and alternative investments. The Firm's private equity arm looks to acquire direct stakes in private companies, as well as make fund investments and acquire secondary positions. For direct stakes in companies, CPP looks to invest across North American and Europe and seeks to commit a minimum of $150 million per transaction. CPP has no industry preferences however the Firm will not invest in real assets. CPP Investments was established in 1997 and is based in Toronto, Ontario.


DEAL STATS #
Overall 35 of 47
Sector (Marine) 1 of 2
Type (Growth Capital) 2 of 3
State (California) 5 of 7
Country (United States) 18 of 25
Year (2020) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-05-12 Éolien Maritime France SAS

Paris, France

Éolien Maritime France SAS is a French offshore wind development company with three large-scale offshore wind farms off the coast of France that would produce a combined 1,428 megawatts (MW) of power.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-13 Petco Health and Wellness Company

San Diego, California, United States

Petco Health and Wellness Company is a health and wellness company focused on improving the lives of pets, pet parents, and their own Petco partners. The company is focused on delivering comprehensive wellness solutions through its products and services, and creating communities that deepen the pet-pet parent bond. It operates more than 1,500 Petco locations across the U.S., Mexico, and Puerto Rico, including a growing network of more than 100 in-store veterinary hospitals, and offer a complete online resource for pet health and wellness. Petco Health and Wellness Company was founded in 1965 and is based in San Diego, California.

Sell -