Amit Chowdhry | December 14, 2011 | 437 views | Add a Comment
Categorized under David Goldberg, MarketTools, Ryan Finley, SurveyMonkey, TPG Capital

SurveyMonkey is an online survey company that is working with TPG Capital to acquire rival MarketTools. As part of the deal, TPG will transfer some of MarketTools assets to SurveyMonkey and will take a minority stake in the service. TPG’s ownership in SurveyMonkey would be less than 10% of the company’s total shares, which gives them a valuation of about $1 billion.

Amit Chowdhry | November 28, 2011 | 322 views | Add a Comment
Categorized under AliBaba, Allen & Company, Andreessen Horowitz, Blackstone Group, David Filo, Goldman Sachs Group Inc., Hellman & Friedman, Hellman and Friedman, Jerry Yang, Kohlberg Kravis Roberts & Co, Microsoft Corporation, Silver Lake, Silver Lake Partners, THL Partners, TPG Capital, Yahoo!

A consortium of investors that are being led by Microsoft Corporation (NASDAQ:MSFT) and Silver Lake are submitting a plan to buy a minority stake in Yahoo! Inc. (NASDAQ:YHOO). TPG Capital is another company that will be making a proposal for Yahoo! Both of these proposals would lead to taking a stake of around 20% of the company.

Amit Chowdhry | February 13, 2011 | 697 views | Add a Comment
Categorized under Blackstone Group, Carlyle Group, Freescale Semiconductor, Permira Advisers, TPG Capital

Freescale Semiconductor is a company that started as a division of Motorola in Phoenix, Arizona in 1949. Freescale had an IPO in July 2004 with a price of $13 per share. The company was bought out for $17.6 billion by a consortium of companies led by Blackstone Group LP. Now Freescale is going to go IPO again. Freescale plans on using the proceeds from the IPO to repay debt. It is uncertain whether Blackstone Group, TPG Capital, the Carlyle Group, and Permira Advisers will sell shares as part of the offering. Last year Freescale’s net sales increased 27% to $4.46 billion. Freescale’s EBITDA doubled to $1.15 billion. [NY Times]