TPG has declared a quarterly dividend of $0.41 per share of Class A common stock to holders of record at the close of business on May 19, 2025, payable on June 2, 2025. Conference Call TPG will host a conference call and live webcast at 11:00 am ET. It may be accessed by dialing (800) 245-3047 (US toll-free) or (203) 518-9765 (international), using the conference ID TPGQ125. The number should be dialed at least ten minutes prior to the start of the call. A simultaneous webcast will also be available and can ...

SAN DIEGO, May 07, 2025 (GLOBE NEWSWIRE) -- Shareholder rights law firm Johnson Fistel, PLLP has launched an investigation into whether the board members of AvidXchange Holdings, Inc. (NASDAQ: AVDX) breached their fiduciary duties in connection with the proposed sale of the Company to TPG Inc. (NASDAQ: TPG). On May 6, 2025, AvidXchange entered into a definitive agreement pursuant to which TPG will acquire all outstanding shares of the Company. Under the terms of the agreement, each holder of the Company’s c ...

TPG has declared a quarterly dividend of $0.41 per share of Class A common stock to holders of record at the close of business on May 19. 2025, payable on June 2, 2025. Conference Call TPG will host a conference call and live webcast at 11:00 am ET. It may be accessed by dialing (800) 245-3047 (US toll-free) or (203) 518-9765 (international), using the conference ID TPGQ125. The number should be dialed at least ten minutes prior to the start of the start of the start of the call. A simultaneous webcast will ...

Core Viewpoint - AvidXchange Holdings, Inc. is set to be acquired by TPG and Corpay for $10.00 per share, valuing the company at $2.2 billion, which represents a significant premium over its recent stock prices [1][2]. Acquisition Details - The acquisition price of $10.00 per share reflects a 22% premium over AvidXchange's closing price of $8.20 on May 6, 2025, a 16% premium over the 90-day volume weighted average price, and a 45% premium over the closing price of $6.89 on March 12, 2025 [2]. - Upon completion, AvidXchange will transition to a private company, allowing for greater flexibility in investing in growth and enhancing integrated payment solutions [2]. Company Background - AvidXchange is a leading provider of accounts payable automation software and payment solutions, serving over 8,500 middle market businesses and facilitating payments to more than 1,350,000 suppliers in the past five years [9]. - The company has established itself as a leader in AP automation and payment software, with a differentiated platform aimed at growth [3]. Strategic Insights - TPG and Corpay view AvidXchange as a leader in AP automation, with significant opportunities to enhance its solutions and improve efficiency in payment processes [3]. - The partnership aims to leverage TPG's technology expertise and Corpay's corporate payments capabilities to accelerate AvidXchange's growth [3]. Transaction Approval and Timeline - The transaction has been unanimously approved by AvidXchange's Board of Directors, and certain senior management members will rollover a significant portion of their equity [4]. - The deal is subject to customary closing conditions, including stockholder approval and regulatory approvals, and is expected to close in the fourth quarter of 2025 [5]. Financial Advisory - Financial Technology Partners and Barclays are acting as financial advisors to AvidXchange, while TPG is advised by J.P. Morgan Securities LLC, Moelis & Company, and RBC Capital Markets [7][8].

Marks Successful Culmination of AMG Partnership WEST PALM BEACH, Fla., May 06, 2025 (GLOBE NEWSWIRE) -- AMG, a strategic partner to leading independent investment management firms globally, today announced that it has entered into an agreement to sell its equity interest in Peppertree Capital Management, Inc. (“Peppertree”) as part of the announced acquisition of Peppertree by TPG Inc. Founded in 2004 by co-Presidents Ryan Lepene and Howard Mandel, Peppertree is a leading specialized digital infrastructure ...

大公司： 阿迪达斯第一季度净利润4.28亿欧元，市场预估3.764亿欧元 阿迪达斯第一季度毛利32.1亿欧元，市场预估31.6亿欧元，净利润4.28亿欧元，市场预估3.764亿欧元， 除税前利润5.85亿欧元，市场预估5.197亿欧元。 阿迪达斯仍然预测全年营业利润17亿欧元至18亿欧 元，市场预估20.4亿欧元。（智通财经） 恩智浦半导体第一季度营收28.4亿美元，高于市场预期 恩智浦半导体当地时间4月28日公布第一财季业绩，2025年第一季度营收28.4亿美元，同比下降9%，市 场预期28.3亿美元；一季度调整后EPS为2.64美元，市场预期2.6美元。该公司首席执行官Kurt Sievers将 于2025年年底离职。（界面） Sabre以11亿美元向TPG出售酒店解决方案业务 全球旅游技术公司Sabre与另类资产管理公司TPG已签署最终协议，TPG同意以11亿美元现金收购Sabre 旗下酒店解决方案业务（Hospitality Solutions）。TPG将通过其欧美私募股权平台TPG Capital进行此项 投资，具体交易条款未予披露。TPG成立于1992年，总部位于旧金山，目前管理资产规模达2460 ...

Company Overview - TPG Inc. shares increased by 15.6% to close at $45.87, following a notable trading volume that exceeded typical levels, contrasting with an 18.4% loss over the previous four weeks [1] - The stock surge was influenced by a broader market rally, particularly due to President Trump's announcement of a 90-day tariff pause for non-retaliating nations, which positively impacted investor sentiment [2] Earnings Expectations - TPG Inc. is projected to report quarterly earnings of $0.54 per share, reflecting a year-over-year increase of 10.2% [2] - Expected revenues for TPG Inc. are $465.11 million, representing a 3.1% increase compared to the same quarter last year [2] Market Trends and Stock Performance - The consensus EPS estimate for TPG Inc. has remained unchanged over the last 30 days, indicating a lack of upward revisions in earnings estimates, which typically correlates with stock price movements [4] - The stock currently holds a Zacks Rank of 3 (Hold), suggesting a neutral outlook [4] - TPG Inc. is part of the Zacks Financial - Investment Management industry, which includes Ares Management (ARES), whose stock also saw a 15.6% increase, closing at $142.37, despite a -13.9% return over the past month [4]

Core Viewpoint - TPG RE Finance Trust (NYSE: TRTX) has experienced a 12.8% increase over the past year, with its share price reaching $8.54, narrowing the gap to a book value of $11.27 per share [1] Group 1 - The equity market serves as a significant mechanism for wealth creation or destruction over the long term due to daily price fluctuations [1] - Pacifica Yield focuses on long-term wealth creation by targeting undervalued high-growth companies, high-dividend stocks, REITs, and green energy firms [1]

Core Insights - TPG Inc. has transitioned from a leading private equity firm to a fully diversified alternative asset manager with a total AUM of $246 billion and aims to double this figure [1] Company Overview - TPG Inc. is recognized for its rich history in private equity and has expanded its operations to encompass a broader range of alternative assets [1] Market Perspective - Joseph Jones, a professor with over fifteen years of market study experience, emphasizes portfolio construction from a dividend growth investor's viewpoint, although his insights are independent and do not reflect any employer's views [1]

Acquisition and Integration - TPG Inc. completed the acquisition of Angelo Gordon on November 1, 2023, with results included in consolidated operations from November 1, 2023, to December 31, 2024[13]. - The company faces risks related to the integration of Angelo Gordon and achieving anticipated benefits from the acquisition[14]. - TPG Inc. completed the acquisition of Angelo Gordon for a total purchase price of $1,143.4 million, which included $740.7 million in cash at closing[949]. - The acquisition included 9.2 million vested Common Units valued at approximately $233.9 million and 43.8 million unvested Common Units considered compensatory under U.S. GAAP[952]. - As of the acquisition date, the total identifiable assets acquired amounted to $2,334.3 million, while total liabilities assumed were $1,392.6 million, resulting in goodwill of $205.9 million[954]. - The Earnout Payment could total up to $400.0 million, contingent on achieving certain fee-related revenue targets during the measurement period from January 1, 2026, to December 31, 2026[952]. Financial Performance - Total revenues for 2024 reached $3,500,082, a 46.6% increase from $2,389,911 in 2023[812]. - Total expenses rose to $3,578,323, reflecting a 51.5% increase compared to $2,363,803 in 2023[812]. - Net loss attributable to TPG Inc. was $76,915, compared to a net income of $23,385 in 2023[812]. - Basic net income (loss) per share for Class A common stock was $0.00, down from $0.89 in 2023[812]. - Diluted net income (loss) per share was $(0.42), compared to $(0.04) in 2023[812]. - TPG Inc. reported a net income of $23,483,000 for the year ended December 31, 2024, compared to a net loss of $76,915,000 in 2023[821]. - The total cash provided by operating activities for 2024 was $532,146,000, a decrease from $720,518,000 in 2023[821]. - TPG Inc. had cash, cash equivalents, and restricted cash of $821,192,000 at the end of 2024, up from $678,371,000 at the end of 2023[823]. - The company experienced a net cash used in financing activities of $344,860,000 in 2024, compared to $789,234,000 in 2023[821]. Compensation and Expenses - Cash-based compensation and benefits increased to $835,328, a 52.5% rise from $547,377 in 2023[812]. - Equity-based compensation surged to $1,006,312, up 53.5% from $654,922 in 2023[812]. - The company reported a significant increase in performance allocation compensation to $930,053,000 in 2024 from $591,676,000 in 2023[821]. - Management fees increased to $1,637,990 in 2024, up 37.8% from $1,187,947 in 2023[860]. - Performance allocations rose to $1,301,766 in 2024, a significant increase of 61.0% compared to $808,248 in 2023[860]. - Monitoring fees surged to $29,625 in 2024, a 172.0% increase from $10,866 in 2023[860]. - Transaction fees increased to $140,599 in 2024, up 41.4% from $99,427 in 2023[860]. - Incentive fees saw a rise to $33,032 in 2024, compared to $2,815 in 2023, marking a substantial increase[860]. Assets and Liabilities - Total assets increased to $10,535.1 million as of December 31, 2024, up from $9,369.7 million as of December 31, 2023[807]. - Total liabilities increased to $6,943.1 million as of December 31, 2024, compared to $6,008.5 million as of December 31, 2023[807]. - Accrued performance allocation compensation rose to $4,376.5 million as of December 31, 2024, from $4,096.1 million as of December 31, 2023[807]. - Additional paid-in-capital increased to $970.7 million as of December 31, 2024, compared to $613.5 million as of December 31, 2023[807]. - The balance of total equity at December 31, 2024, was $3,591,989,000, up from $3,361,134,000 at the end of 2023[819]. Market and Regulatory Environment - The company acknowledges potential risks from changes in the U.S. political and financial regulatory environment[16]. - TPG's management fees and performance allocations are primarily influenced by the fair value of investments, which can fluctuate due to market conditions[24]. - The company is subject to scrutiny from fund investors and regulators regarding ESG matters and evolving regulatory requirements[14]. - TPG's investment strategy includes expansion into new markets and businesses, which may involve new types of investors[14]. - The company has no obligation to publicly update forward-looking statements, which are subject to inherent uncertainties and risks[12]. Accounting and Reporting - The preparation of the Consolidated Financial Statements requires management to make estimates and assumptions that could materially affect reported amounts[832]. - The Company accounts for business combinations using the acquisition method, allocating purchase price to assets and liabilities based on fair values determined at the acquisition date[917]. - The Company recognizes interest and penalties related to unrecognized tax benefits as income tax expense within the consolidated financial statements[939]. - The total Purchase Price allocated to the fair value of assets acquired and liabilities assumed was $205.9 million recorded as goodwill, which is not tax-deductible[961]. - The fair value of identifiable intangible assets acquired totaled $547.5 million, with management contracts valued at $287,000 and contractual performance fee allocations at $199,000[962].