M&A Deal Summary

TPG Acquires Sayari

On January 16, 2024, private equity firm TPG acquired software company Sayari from Centana Growth Partners and Arsenal Growth Equity

Acquisition Highlights
  • This is TPG’s 33rd transaction in the Software sector.
  • This is TPG’s 271st transaction in the United States.
  • This is TPG’s 3rd transaction in District of Columbia.

M&A Deal Summary

Date 2024-01-16
Target Sayari
Sector Software
Buyer(s) TPG
Sellers(s) Centana Growth Partners
Arsenal Growth Equity
Deal Type Secondary Buyout
Advisor(s) William Blair (Financial)
Manatt, Phelps & Phillips (Legal)

Target

Sayari

Washington, District of Columbia, United States
Sayari is a provider of financial intelligence and supply chain risk solutions. Sayari’s data intelligence platform powers the fight against global financial crime increases corporate transparency in high-risk places and supports critical national security mission sets. Sayari was founded in 2015 and is based in Washington, District of Columbia.

Search 200,500 Deals Now

SEARCH BY

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

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

TPG

Fort Worth, Texas, United States

Investor Investor Investor Investor


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 414 of 421
Sector (Software) 33 of 35
Type (Secondary Buyout) 69 of 72
State (District of Columbia) 3 of 3
Country (United States) 271 of 276
Year (2024) 1 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-12-12 Outcomes First Group

Bolton, United Kingdom

Outcomes First Group is a specialist provider of education and therapeutic care. The Group’s specialist education and therapeutic care services are provided by its nationwide teams, under the brands Acorn Education and Care and Options Autism. Outcomes First Group is based in Bolton, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-01-23 Compass Surgical Partners

Raleigh, North Carolina, United States

Compass Surgical Partners develops and manages surgery centers, with a specific focus on joint replacement and spine surgery. Compass Surgical Partners was founded in 2011 and is based in Raleigh, North Carolina.

Buy -

Seller(S) 2

DESCRIPTION

Centana Growth Partners is a growth oriented investment firm focused on opportunities in the fin tech and enterprise technology sectors. Centana looks to invest in rapidly growing companies to sustain or accelerate growth, for working capital, to fund acquisitions, or improve balance sheets. Centana has offices in Palo Alto, California and New York City.


DEAL STATS #
Overall 6 of 6
Sector (Software) 1 of 1
Type (Secondary Buyout) 2 of 2
State (District of Columbia) 1 of 1
Country (United States) 6 of 6
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-04-04 Ease

San Francisco, California, United States

Ease is an operator of a cloud-based benefits enrollment software platform built for insurance brokers and employers. Ease makes it simple to set up and manage benefits, onboard new hires, stay compliant, and offer employees one destination for all their human resources information. Ease was founded in 2015 and is based in San Francisco, California.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-11-08 First Connect Insurance Services

Austin, Texas, United States

First Connect Insurance Services is a digital platform designed to level the playing field for independent agents by providing access to over 100 carriers and MGAs across home, auto, cyber, small business, life, and specialty lines. First Connect is a licensed property casualty and life insurance agent with products underwritten by various insurance companies. First Connect Insurance Services was founded in 2014 and is based in Austin, Texas.

Buy -
DESCRIPTION

Arsenal Growth Equity is a growth capital firm focused on software businesses across the US. Specific areas of interest include online commerce, enterprise software, and digital health. Arsenal seeks businesses with $5 to $20 million of recurring revenue where it can commit $5 to $8 million of equity. Arsenal Growth Equity was established in 2000 and is headquartered in Winter Park, Florida.


DEAL STATS #
Overall 3 of 4
Sector (Software) 1 of 2
Type (Secondary Buyout) 1 of 1
State (District of Columbia) 1 of 1
Country (United States) 3 of 3
Year (2024) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-12-01 OneRail

Orlando, Florida, United States

OneRail is a provider of solutions in last mile delivery fulfillment. With a real-time connected network of 10 million drivers, OneRail finds the right vehicle for the right delivery, so shippers gain low prices and greater capacity to rapidly scale their businesses. OneRail was founded in 2018 and is based in Orlando, Florida.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-06-05 Orderbot

Vancouver, British Columbia, Canada

Orderbot is an order management system that offers inventory and purchasing management, B2B eCommerce platform and sales CRM services for businesses. Orderbot was founded in 2009 and is based in Vancouver, British Columbia.

Sell -