PE-backed RentPath appoints Perry as president and CEO

By Iris Dorbian — 7 months ago

RentPath LLC, which is backed by TPG and Providence Equity Partners, has named Chip Perry as president and CEO. Perry, who joined the RentPath board of directors in February, is the former CEO of AutoTrader.com. Headquartered in Atlanta, RentPath is the parent company of Apartment Guide, Rent.com, Rentals.com and Lovely.

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Leonard Green, TPG and others complete take-private acquisition of Life Time Fitness

By Iris Dorbian — 8 months ago

An investor group led by Leonard Green & Partners and TPG has closed its previously announced take-private buy of Chanhassen, Minnesota-based health club chain Life Time Fitness Inc. The deal is valued at more than $4 billion. Also, LNK Partners and Bahram Akradi, chairman and CEO of Life Time, were among the transaction’s key investors. As a result of the acquisition’s completion, Life Time has stopped trading on the New York Stock Exchange.

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Insight Venture Partners-backed Planview names Chynoweth as EVP and CFO

By Iris Dorbian — 9 months ago

Planview, a portfolio company of Insight Venture Partners, has hired Vic Chynoweth as executive vice president and chief financial officer. Previously Chynoweth worked at TPG-owned Vertafore Inc where he served as vice president of finance and accounting. Based in Austin, Texas, Planview is a provider of portfolio management and project collaboration solutions.

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Cushman & Wakefield to merge with DTZ

By Luisa Beltran — 9 months ago

Cushman & Wakefield and DTZ have agreed to merge. Financial terms weren’t announced. The new real estate services company will have revenues over $5.5 billion, more than 43,000 employees and will manage more than 4 billion square feet globally on behalf of institutional, corporate and private clients, a statement said. DTZ, a Chicago property services firm, is owned by TPG Capital, PAG Asia Capital and Ontario Teachers’ Pension Plan.

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Infinidat raises $150 mln from TPG at $1.2 bln valuation — Corrected

By Mark Boslet — 10 months ago

Infinidat said it raised $150 million in a deal led by TPG Growth that values the company at a post money valuation of $1.2 billion, according to a press release. The round is the company’s second and brings total money raised to $230 million. The enterprise storage vendor will use the money to expand globally and meet customer demand.

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