M&A - TPG Inc.

Form Type: 424B7

Filing Date: 2025-05-20

Corporate Action: Acquisition

Type: New

Accession Number: 000119312525123170

Filing Summary: TPG Inc. is preparing to offer 21,000,000 shares of Class A common stock as a part of an upcoming transaction with a selling stockholder under the terms of an Exchange Agreement dated November 1, 2023. The shares will be issued in exchange for Common Units, with an expected date of issuance on May 21, 2025, effectively canceling an equal number of Class B shares. This offering follows a robust performance report with $250.6 billion in assets under management (AUM) as of March 31, 2025, reflecting a diversified investment strategy across private equity, credit, and real estate sectors. The Class A common stock will continue to trade under the symbol 'TPG' on the NASDAQ, with the last recorded trade at $50.83 per share. The company emphasizes the risks associated with investing in the stock and provides a detailed account of its governance and operational structure in the prospectus supplement.

Form Type: 8-K

Filing Date: 2025-05-06

Corporate Action: Acquisition

Type: New

Accession Number: 000119312525113855

Filing Summary: On May 3, 2025, TPG Inc. entered into a definitive agreement with Peppertree Capital Management for a cash and equity transaction involving the acquisition of the Peppertree business. The deal includes approximately $660 million payable at closing, consisting of $242 million in cash and 5,873,939 common units of TPG Operating Group II, L.P., alongside shares of Class A and Class B common stock. Additionally, there is a potential earnout payment of up to $300 million contingent on performance metrics related to post-closing revenue and fundraising. The agreement and related securities will not be registered under the Securities Act, relying on certain exemptions. On May 6, 2025, TPG and Peppertree issued a press release and posted an investor presentation regarding the agreement.