TPG’s Mike Zappert (left) and Sayari’s Farley Mesko.
Global alternative asset management firm TPG announced that TPG Growth, the firm’s middle market and growth equity platform, will make up to a $228 million strategic majority investment in Washington, D.C.-based Sayari, a risk intelligence provider focusing on counterparty and supply chain risks.
Fort Worth and San Francisco-based TPG said Sayari’s founders, employees, and existing investors will retain a significant stake in the company.
“As the global business landscape continues to evolve, companies are facing an increasingly complex set of risks and are being held accountable for the counterparties with which they partner,” TPG Partner Mike Zappert said in a statement.
According to Zappart, Sayari sits at the intersection of these trends. “Through its unique data assets built over many years, Sayari’s platform drives greater insights into emerging threats and gives organizations more power to protect the people, businesses, and nations they serve,” he said. “TPG has invested behind leading information services and government technology…
