TPG - Strauss Business Partners

TPG

 

About our partner

 

TPG Capital is the global buyout group of TPG, a leading private investment firm founded in 1992 with more than $50 billion of assets under management and offices in San Francisco, London, Hong Kong, New York, Minneapolis, Fort Worth, Menlo Park, Washington, D.C., Melbourne, Moscow, Mumbai, Paris, Luxembourg, Beijing, Shanghai, Singapore and Tokyo. TPG Capital has extensive experience with global public and private investments executed through leveraged buyouts, recapitalizations, spinouts, joint ventures and restructurings. TPG Capital’s investments span a variety of industries including consumer, retail, media and communications, travel and entertainment, financial services, technology, industrials, and healthcare.

For more information, please visit www.TPG.com

 

 

About the partnership

 

As part of executing the Strauss Group’s global expansion strategy in the coffee sector, it formed a partnership with the private investment fund TPG Capital. Within the framework of the partnership TPG acquired a 25.1% stake in Strauss Coffee for approximately one billion dollars. The deal was finalized in September 2008, providing TPG Capital with an option to acquire an additional 10% of Strauss Coffee shares in the future.

The partnership has allowed Strauss Coffee to continue to execute accelerated acquisitions in the coffee sector, and to leverage the fund’s and its executive team’s vast knowledge and experience in various global markets.