TPG's TPG Rise Funds Acquires Trustwell, Shares Surge
Update: 2026-01-05
Description
TPGs Impact Investing Arm, The Rise Funds, Acquires Trustwell; TPG Stock SurgesTPGs impact investing arm, The Rise Funds, has acquired a majority stake in Trustwell, a software company for the food industry. The deal gives TPG full control of Trustwell, and The Riverside Company has completely exited its position. TPG stock jumped 3.9% in morning trading, settling at $68.11, still up 3.6% from yesterdays close. The move shows market approval, but the big picture remains unchanged. Analysts are positive, with BMO Capital starting coverage with an outperform rating and a $65 target, and BofA Securities bumping its price target to $69 from $65, keeping a buy rating. Checkout Solipillow.com
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