Firm at a glance
TPG is a platform private equity firm founded in 1992 and headquartered in San Francisco, CA, per its own website [S1]. The firm reports approximately $306 billion in assets under management and maintains 30 offices globally as of March 2026 [S2].
What they buy
Based on publicly disclosed transactions over the last 24 months, TPG appears to pursue acquisitions across a diverse range of sectors including infrastructure finance, healthcare real estate, waste management, professional services, technology, and media [S2]. Recent activity includes both domestic U.S. transactions and international deals in markets such as India and Europe. The firm’s transaction pattern suggests a focus on established businesses with significant scale, spanning both traditional industries and emerging technology platforms.
Portfolio
TPG does not publicly list its current portfolio companies on its website as of March 2026. The firm’s recent acquisition activity demonstrates investment activity across multiple sectors, but specific platform holdings and add-on structures are not disclosed in available public materials.
Recent activity (last 24 months)
* Aseem Infrastructure Finance, acquisition, July 6, 2026 [S2]
* Arcura Medical Properties (Premier German and Dutch Medical Outpatient Portfolio), acquisition, July 1, 2026 [S2]
* Waste Eliminator and Liberty Waste Solutions, acquisition, June 17, 2026 [S2]
* Smith + Howard, acquisition, June 9, 2026 [S2]
* ECHO Realty, acquisition, June 5, 2026 [S2]
* Zum, acquisition, April 16, 2026 [S2]
* Learfield, acquisition, April 14, 2026 [S2]
* Hologic, acquisition, April 7, 2026 [S2]
How this firm fits a seller
TPG’s scale and global footprint suggest the firm typically pursues larger platform acquisitions rather than lower middle market transactions. The firm’s recent activity demonstrates willingness to invest across geographies and sectors, which may appeal to sellers seeking a buyer with international expansion capabilities. With eight publicly disclosed acquisitions in the first half of 2026 alone, TPG appears to maintain an active deal pace. Sellers in healthcare, infrastructure, waste services, professional services, or technology sectors may find alignment with the firm’s observed investment areas, though the firm’s size suggests it likely targets businesses with substantial revenue scale.
Sources
[S1] https://tpg.com/about-us (as of 2026-03-31)
[S2] https://tpg.com (as of 2026-03-31)
Frequently asked questions
Does TPG buy healthcare businesses?
Yes, TPG has demonstrated investment activity in the healthcare sector. Recent transactions include the acquisition of Arcura Medical Properties, a portfolio of German and Dutch medical outpatient facilities, in July 2026, and Hologic in April 2026 [S2]. These deals suggest the firm pursues opportunities in both healthcare real estate and healthcare operating companies.
What companies has TPG acquired recently?
TPG’s recent acquisitions include Smith + Howard, a professional services firm acquired in June 2026, Learfield, a collegiate sports marketing company acquired in April 2026, and a combined waste management transaction involving Waste Eliminator and Liberty Waste Solutions in June 2026 [S2]. The firm completed eight publicly disclosed acquisitions between April and July 2026.
Where is TPG based and how big is the firm?
TPG is headquartered in San Francisco, CA, and operates approximately 30 offices globally as of March 2026 [S1][S2]. The firm reports approximately $306 billion in assets under management as of the same date [S2], positioning it among the larger private equity firms by capital base.
Is TPG still actively acquiring?
Yes, TPG appears to be actively acquiring businesses. The firm completed eight publicly disclosed acquisitions between April and July 2026, with the most recent transaction closing in early July 2026 [S2]. This pace suggests ongoing investment activity across multiple sectors and geographies.
This profile is maintained by CT Acquisitions as an independent third-party reference. CT Acquisitions is not affiliated with, endorsed by, or a representative of the firm profiled. All facts sourced from publicly available materials as of the dates cited.