TPG Growth has acquired a stake in private equity firm Granite Creek Capital’s portfolio company, Morrow Sodali, a global shareholder engagement and governance advisory firm.
TPG Growth is the middle market and growth equity platform of global asset management firm TPG.
As part of the transaction, Granite Creek continues to hold a minority ownership position in Morrow Sodali, and Granite Creek’s Co-Founder and Partner, Mark Radzik, was named to the Board of Directors. Since 2018, Granite Creek has worked closely with Morrow Sodali’s leadership team to expand its operational, strategic, and capital resources. Over that time, Morrow Sodali substantially increased revenue, profitability and market share.