TPG Growth acquired an 80% stake in global governance consulting firm Morrow Sodali.
Terms of the deal are not being disclosed, Morrow Sodali spokeswoman Jennifer Carberry said in an email. TPG Growth is the middle-market and growth equity business of alternative money manager TPG.
Morrow Sodali, which specializes in shareholder services, corporate governance, proxy solicitation and capital markets transactions, said in a joint news release Tuesday that it plans to accelerate its efforts to make strategic global acquisitions with the support of TPG.
One recent acquisition in 2017 was a majority interest in Global Proxy Solicitation, an Australian proxy and corporate governance firm.
TPG has about $114 billion in assets under management, with TPG Growth accounting for about $14.7 billion in AUM.
TPG spokesman Ari Cohen declined to comment.
