1. Home >
  2. M&A >
  3. Going Private >
  4. United States >
  5. Wisconsin >
  6. TPG Acquires Midwest Airlines

M&A Deal Summary

TPG Acquires Midwest Airlines

On February 1, 2008, private equity firm TPG acquired airliner Midwest Airlines for 450M USD

Acquisition Highlights
  • This is TPG’s 3rd transaction in the Airlines sector.
  • This is TPG’s 94th largest (disclosed) transaction.
  • This is TPG’s 82nd transaction in the United States.
  • This is TPG’s 1st transaction in Wisconsin.
Investment Fate
  • Midwest Airlines was sold to a strategic buyer in 2009 for 31M USD.

M&A Deal Summary
Date 2008-02-01
Target Midwest Airlines
Sector Airlines
Buyer(s) TPG
Deal Type Going Private
Deal Value 450M USD

Target

Midwest Airlines

Oak Creek, Wisconsin, United States
Midwest Airlines features nonstop jet service to major destinations throughout the U.S. Midwest Connect offers connections to Midwest Airlines flights, as well as point-to-point service between select markets on regional jet and turboprop aircraft.

Search 214,107 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 115 of 451
Sector: Airlines M&A 3 of 4
Type: Going Private M&A Deals 20 of 39
State: Wisconsin M&A 1 of 2
Country: United States M&A 82 of 298
Year: 2008 M&A 7 of 20
Size (of disclosed) 94 of 113
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-01-04 Cranium

Seattle, Washington, United States

Cranium develops and sells award-winning family, adult and children's games focused on knowledge and discovery with a mission to lighten and enlighten people's lives'.

Sell $78M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-02-05 M8 Pharmaceuticals

Brewyn, Pennsylvania, United States

M8 Pharmaceuticals is a pharmaceutical company focused on licensing, marketing, and distributing therapeutics serving Brazil and Latin American markets. M8 Pharmaceuticals was founded in 2007 and is based in Berwyn, Pennsylvania.

Buy -
Mergr

Solution for

Product

Company

Legal