TPG Inc. has announced a new shareholder agreement to jointly acquire control of SICIT, a global leader in the production of biostimulants, alongside Renaissance Partners. The deal includes a co-control partnership with TPG Rise Climate, TPG's dedicated climate investing platform, marking a new phase of growth and international expansion for SICIT. Renaissance Partners will reinvest in the new transaction, joined by Intesa Holding and co-investors LGT Capital Partners and Schroders Capital. TPG Rise Climate's involvement aims to further accelerate SICIT's growth by leveraging its global network and industry expertise.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.