TPG Pace Holdings Corp.
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TPG Pace Holdings Corp. - overview
Established
2015
Location
Fort Worth, TX-Texas, US
Primary Industry
Business Support Services
About
TPG Pace Holdings Corp. is a global alternative asset management firm specializing in private equity, impact investing, credit, and real estate, catering to a diverse clientele across multiple asset classes. Founded in 2015 in Fort Worth, US, TPG Pace Holdings Corp. engages in various investment strategies.
In June 2019, the firm merged with Accel Entertainment Gaming, LLC, valued at USD 505 mn. The merger was finalized in November 2019. The CEO, Ina Progonati, is pivotal in guiding the firm’s strategic direction, supported by key executives Michael Fishman, Nguyễn Dũng, Reg Dwight, and Yan Sun. The firm has conducted a total of 4 deals, raising USD 45 mn to date.
TPG is a leading global alternative asset manager that provides various investment strategies across multiple asset classes. The company offers private equity, impact investing, credit, and real estate solutions, serving both institutional and individual investors. TPG's global reach spans North America, Europe, and Asia-Pacific, focusing on tailored investment opportunities that enhance both financial and societal outcomes. In 2024, TPG reported a revenue of USD 1,230.
97 mn and an EBITDA of USD 159. 23 mn. Revenue is primarily generated through management fees and performance-based incentives from its investment platforms, reflecting the firm's commitment to aligning with client financial objectives. Following the merger with Accel Entertainment Gaming, LLC, TPG plans to leverage its enhanced position to explore new markets and investment opportunities.
The company aims to expand its product offerings significantly in the upcoming years, focusing on innovative financial solutions. The recent merger, valued at USD 505 mn, will facilitate these growth initiatives by providing additional resources and capital to develop new products and strategies.
Current Investors
Accel Entertainment, Inc.
Primary Industry
Business Support Services
Sub Industries
Business Support Services, Financial Services
Website
www.tpg.com
Company Stage
Mature
Total Amount Raised
Subscriber access only
TPG Pace Holdings Corp. - timeline of key events
TPG Pace Holdings Corp. - financials
| Fiscal Year Ended | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | - | - | 424,385,000 | 309,767,000 | 734,707,000 | 969,797,000 | - | - | - |
| % Revenue Growth (YoY) | - | - | - | (27.0%) | 137.2% | 32.0% | - | - | - |
| EBITDA (USD) | - | (804,050) | 58,364,000 | 18,898,000 | 94,828,000 | 145,744,000 | - | - | - |
| Operating Income (USD) | - | (804,050) | 13,336,000 | (24,679,000) | 70,192,000 | 96,855,000 | - | - | - |
| Operating Margin | - | - | 3.1% | (8.0%) | 9.6% | 10.0% | - | - | - |
| % EBITDA Margin | - | - | 13.8% | 6.1% | 12.9% | 15.0% | - | - | - |
| NET Income (USD) | (376,372) | 6,865,501 | (5,864,000) | (12,984,000) | 31,559,000 | 74,102,000 | - | - | - |
| % Net Margin | - | - | (1.4%) | (4.2%) | 4.3% | 7.6% | - | - | - |
TPG Pace Holdings Corp. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Merger | Completed | TPG Pace Holdings Corp. | - |
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TPG Pace Holdings Corp. - employee data
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