TPG, a global alternative asset management firm with $212bn in assets, has made an investment in G&A Partners via its US and European private equity platform, TPG Capital, in partnership with the HR and technology services platform’s existing management team.
G&A Partners, a professional employment organisation, supports more than 3,000 small and medium-sized businesses nationwide through a full suite of technology-enabled human resources services. The company provides customised solutions across HR management software, payroll administration, health insurance and benefits, risk management and compliance and outsourced accounting.
Terms of the transaction were not disclosed.
Piper Sandler served as financial advisor to G&A, and Dentons served as legal counsel. Paul, Weiss, Rifkind, Wharton & Garrison and Ropes & Gray served as legal counsel to TPG.
