Investment Summary

TPG Invests In EverFi

On April 26, 2017, private equity firm TPG invested in internet software and services company EverFi

Investment Highlights
  • This is TPG’s 18th transaction in the Internet Software and Services sector.
  • This is TPG’s 188th transaction in the United States.
  • This is TPG’s 1st transaction in District of Columbia.
Investment Fate
  • EverFi was sold to a publicly-traded strategic buyer in 2022 for 750M USD.

Investment Summary

Date 2017-04-26
Target EverFi
Sector Internet Software and Services
Investor(s) TPG
Deal Type Growth Capital

Target

EverFi

Washington, District of Columbia, United States
EverFi is an education technology company that provides learners of all ages education for the real world, through innovative and scalable digital learning. EverFi is fueled by its Software-as-a-Service (SaaS) subscription model and has certified over 16 million learners in critical skill areas. EverFi was founded in 2008 and is based in Washington, District of Columbia.

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Investor(S) 1

Investor

TPG

Fort Worth, Texas, United States

Investor Investor Investor Investor


Category Private Equity Firm
Founded 1992
PE ASSETS 296.0B 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 283 of 451
Sector: Internet Software and Services M&A 18 of 33
Type: Growth Capital M&A Deals 40 of 74
State: District of Columbia M&A 1 of 3
Country: United States M&A 188 of 298
Year: 2017 M&A 8 of 35
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-03-31 Concentric Agriculture

Montreal, Quebec, Canada

Concentric Agriculture manufactures biological stimulants for agriculture using a patented fermentation process to combine multi-strains of bacteria and yeasts into soil and plant optimizers. It offers two crop-enhancement products: Synergro, a live-cell formulation for high-value produce like strawberries, tomatoes, lettuce, and broccoli; and Synergro Free, a cell-free bio-fertilizer for commodity row crops such as soybean, corn, and wheat. Concentric Agriculture was founded in 2007 and is based in Montreal, Quebec.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-05-03 Dodla Dairy

Hyderabad, India

Dodla Dairy is a fresh dairy product company offering a wide range of milk products throughout South India. The company procures, processes, and sells dairy products, including fresh milk, butter, ghee, paneer, curd, flavored milk, doodh peda, ice cream, and skimmed milk powder across 66 regions in South India. Dodla Dairy was founded in 1995 and is based in Hyderabad, Telangana.

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