Homrich Berg Announces New Minority Investment Partner TPG Growth
TPG Inc. - Class A (TPG)
Company Research
Source: Business Wire
ATLANTA & SAN FRANCISCO--(BUSINESS WIRE)--Homrich Berg (“HB” or the “Firm”) proudly announces a new chapter in its 35-year history, with a strategic minority investment from TPG Growth, the middle market and growth equity platform of TPG (NASDAQ: TPG), a leading global alternative asset management firm. Terms of the transaction were not disclosed.This partnership marks a milestone for the Atlanta-based registered investment adviser (RIA) with $18 billion in assets under management and builds upon the success of HB’s 2021 minority equity partnership with New Mountain Capital (“New Mountain”), which helped fuel HB’s growth and expansion of the client experience, while maintaining its commitment as a fiduciary advisor. HB’s management team will remain the largest shareholder group and New Mountain will remain invested in the Company."We are thrilled to welcome TPG Growth as a strategic partner alongside New Mountain," said Homrich Berg President and CEO Thomas Carroll. "Partnering wi
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TPG
Earnings
- 8/6/24 - Beat
TPG
Sec Filings
- 9/13/24 - Form S-3ASR
- 8/6/24 - Form 10-Q
- 8/6/24 - Form 8-K
- TPG's page on the SEC website