M&A Deal Summary

TPG Acquires InStride

On March 20, 2019, private equity firm TPG acquired education company InStride

Acquisition Highlights
  • This is TPG’s 8th transaction in the Education sector.
  • This is TPG’s 229th transaction in the United States.
  • This is TPG’s 75th transaction in California.

M&A Deal Summary

Date 2019-03-20
Target InStride
Sector Education
Buyer(s) TPG
Deal Type Buyout (LBO, MBO, MBI)

Target

InStride

Los Angeles, California, United States
InStride is a human capital management company that partners with academic institutions to offer workforce education solutions, enabling employers to provide personalized, career-aligned, debt-free education through a digital platform and consultative support. InStride was founded in 2019 and is based in Los Angeles, California.

Search 214,239 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

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 349 of 451
Sector: Education M&A 8 of 14
Type: Buyout (LBO, MBO, MBI) M&A Deals 41 of 53
State: California M&A 75 of 88
Country: United States M&A 229 of 298
Year: 2019 M&A 5 of 19
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-03-11 STX Entertainment

Burbank, California, United States

STX Entertainment is a fully integrated, diversified, global media company designed from inception to unlock value from the 21st century’s changing media landscape. STX specializes in the development, production, marketing, and distribution of talent-driven films, television, and digital media content, with a unique ability to maximize the impact of content across worldwide, multiplatform distribution channels, including unparalleled global capabilities and direct passage into the China market. STX Entertainment was founded in 2014 and is based in Burbank, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-03-26 EP

Burbank, California, United States

EP provides workforce management services, including a bundle of payroll processing, tax administration and workers’ comp services and production management technology solutions to the TV, film, and broader entertainment industries. EP was founded in 1976 and is based in Burbank, California.

Buy -