TPG, Techem and GIC
TPG buys German energy firm Techem for $7.5 billion from Swiss Partners Group
Switzerland's Partners Group is selling German metering firm Techem for 6.7 billion euros ($7.46 billion) to US asset manager TPG, Techem said on Tuesday, changing hands to its third private equity firm.
Techem to Be Acquired for Total Consideration of €6.7 Billion With Investment From TPG and GIC
ESCHBORN, Germany & SAN FRANCISCO & SINGAPORE, October 01, 2024--TPG Rise Climate, the dedicated climate investing strategy of TPG’s global impact investing platform, and GIC, a leading global investor,
TPG, GIC Agree To Buy Techem For $7.5B: Look To Expand 'Across Europe And Beyond'
TPG Inc. shares are trading lower on Tuesday after the company's subsidiary teamed up with GIC to acquire Techem Group.
Partners Group to Sell Metering Company Techem to TPG, GIC in $7.5 Billion Deal
The Swiss private-equity firm said it agreed to sell its majority stake in Techem to U.S. asset manager TPG and Singapore sovereign wealth fund GIC.
Partners Group sells Techem to TPG, GIC for €6.7bn; Thoma Bravo in IT management deal; Level 20’s Manku calls for more women hires at...
Thoma Bravo will support USU in the development of its product portfolio and the expansion of its geographical footprint, with the goal of making USU a leading pan-European provider of IT management services, according to a release. Möglingen, Germany-based USU will continue to operate under the leadership of its existing management team.
TPG, GIC to buy energy meter maker Techem in $9.6 billion deal
LONDON - Private equity firm TPG and Singapore sovereign wealth fund GIC agreed to buy German energy metering company Techem from majority owner Partners Group Holding for a total consideration of about €6.7 billion (S$9.6 billion). GIC said it is making a “significant minority investment” in Techem, in a statement on its website on Oct 1.
TPG, GIC to buy energy meter maker Techem for US$7.5 billion
Private equity firm TPG and Singapore sovereign wealth fund GIC agreed to buy German energy metering company Techem GmbH from majority owner Partners Group Holding for a total consideration of approximately US$7.
TPG and GIC to buy building services provider Techem for €6.7bn
TPG’s global impact investing platform and GIC are acquiring smart and sustainable building services provider Techem from Partners Group and co-investors Caisse de dépôt et placement du Québec (CDPQ) and Ontario Teachers’ Pension Plan for €6.7bn.
GIC and TPG Rise Climate to acquire Techem Group for €6.7b
Singapore's sovereign wealth fund, GIC, and New York-based TPG Rise Climate will acquire digital energy services platform Techem Group for €6.7b.
US Fund To Buy German Energy Firm Techem For 6.7 Bn Euros
US private equity firm TPG said Tuesday it planned to buy German metering company Techem for 6.7 billion euros ($7.4 billion), highlighting the growing interest in energy efficiency solutions for the buildings sector.
Techem to Be Acquired for Total Consideration of EUR6.7 Billion With Investment From TPG and GIC
Techem will be acquired for a total consideration of approximately EUR6.7 billion. The transaction is expected to close in the first half of 2025, subject to customary conditions and regulatory approvals.
Partners Group to sell Techem, an international provider of digitally enabled solutions for the building ecosystem
Partners Group / Key word (s): Investment Partners Group to sell Techem, an international provider of digitally enabled solutions for the building ecosystem 01.10.2024 / 08:00 CET/CEST The ...
TPG, GIC to Buy Energy Meter Maker Techem for $7.5 Billion
Private equity firm TPG Inc. and Singapore sovereign wealth fund GIC Pte agreed to buy German energy metering company Techem ...