Advised TPG on India-related aspects of its investment in Tide Holdings Limited, which values the company at USD 1.5 billion.

Tide, a UK-based business management platform has announced a strategic investment from TPG, a leading global alternative asset management firm.

The primary and secondary investment, which totals over $120 million, was led by TPG and supported by existing investor, the Apax Digital Funds. The investment was made through The Rise Funds, the multi-sector strategy of TPG’s global impact investing platform, which partners with high-growth businesses to drive scalable, positive change alongside strong financial returns.

TPG is a leading global alternative asset management firm, founded in San Francisco, California in 1992, investing across private equity, impact, credit, real estate, and market solutions worldwide.

Founded in 2015, Tide is one of the UK’s fastest-growing fintech platforms, offering banking, credit, and financial management solutions designed to help small and medium businesses save time and money.

Anagram Partners acted as the legal advisor to TPG on this transaction. The team was led by our Partner, Aditi Tralshawala and comprised Keegan Pavrey.

Read more at:

Tide Secures Strategic Investment from Leading Global Investor TPG | TPG
Tide secures $120 million from TPG, valuation jumps to $1.5 billion – The Economic Times