Key Takeaways
- • TPG Growth commits up to $228 million for a majority stake in Sayari, a counterparty and supply chain risk intelligence platform founded in 2015 and based in Washington, DC.
- • Sayari's founders, employees, and existing investors retain significant minority ownership, with the company trusted by government regulators, law enforcement, national security agencies, and over 100 of the world's largest public and private companies.
- • The investment will fund Sayari's 2024 global expansion and support development of a new supply chain illumination platform leveraging responsible AI to extract deeper insights from supply chain data.
- • Sayari has demonstrated explosive growth since its 2020 platform launch, earning consecutive fastest-growing technology company rankings from Deloitte and Inc. Magazine.
- • The deal reflects TPG's strategic focus on the intersection of third-party risk management, supply chain risk, and financial crime compliance as enterprises face increasing regulatory accountability.
Summary
TPG Growth, the middle-market and growth equity platform of alternative asset manager TPG Inc. (NASDAQ: TPG), has signed a definitive agreement to make an up to $228 million strategic majority investment in Sayari, a supply chain and counterparty risk intelligence platform. The investment, announced January 16, 2024, positions TPG as the controlling investor while preserving meaningful ownership stakes for Sayari's founders, employees, and existing investors.
Sayari, headquartered in Washington, DC, operates as a counterparty and supply chain risk intelligence provider serving government agencies, multinational corporations, and financial institutions. The company integrates global corporate and supply chain data to surface risk insights for investigations, analytics, and supply chain risk management. Founded in 2015, Sayari released its core platform in 2020 and has since achieved rapid expansion, earning consecutive rankings from Deloitte and Inc. Magazine as one of North America's fastest-growing technology companies. The platform currently serves over 100 of the world's largest public and private companies alongside trusted users from global regulators, law enforcement, and national security agencies.
The capital infusion will directly support two strategic priorities: accelerating Sayari's international expansion throughout 2024 and funding the development of a new supply chain illumination platform that leverages responsible artificial intelligence to extract deeper insights from Sayari's authoritative supply chain dataset. TPG Partner Mike Zappert framed the investment within broader business trends, noting that "as the global business landscape continues to evolve, companies are facing an increasingly complex set of risks and are being held accountable for the counterparties with which they partner," positioning Sayari at the convergence of third-party risk management, supply chain oversight, and financial crime compliance.
Kirkland & Ellis served as legal counsel to TPG Growth on the transaction. The deal underscores institutional investor appetite for governance, risk, and compliance (GRC) software addressing regulatory accountability and supply chain transparency in an increasingly complex global operating environment.
Sayari, headquartered in Washington, DC, operates as a counterparty and supply chain risk intelligence provider serving government agencies, multinational corporations, and financial institutions. The company integrates global corporate and supply chain data to surface risk insights for investigations, analytics, and supply chain risk management. Founded in 2015, Sayari released its core platform in 2020 and has since achieved rapid expansion, earning consecutive rankings from Deloitte and Inc. Magazine as one of North America's fastest-growing technology companies. The platform currently serves over 100 of the world's largest public and private companies alongside trusted users from global regulators, law enforcement, and national security agencies.
The capital infusion will directly support two strategic priorities: accelerating Sayari's international expansion throughout 2024 and funding the development of a new supply chain illumination platform that leverages responsible artificial intelligence to extract deeper insights from Sayari's authoritative supply chain dataset. TPG Partner Mike Zappert framed the investment within broader business trends, noting that "as the global business landscape continues to evolve, companies are facing an increasingly complex set of risks and are being held accountable for the counterparties with which they partner," positioning Sayari at the convergence of third-party risk management, supply chain oversight, and financial crime compliance.
Kirkland & Ellis served as legal counsel to TPG Growth on the transaction. The deal underscores institutional investor appetite for governance, risk, and compliance (GRC) software addressing regulatory accountability and supply chain transparency in an increasingly complex global operating environment.
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