TPG Stock Lands $ 10 Billion Valuation Nyob rau hauv 2022 Thawj Qhov Loj IPO - Ntawm no yog Yuav Ua Li Cas Los Ntawm PE Giants Blackstone, KKR

Tojsiab

Shares ntawm kev nqis peev powerhouse TPG dhia 12% nyob rau hauv feeb ntawm lawv cov pej xeem-kev ua lag luam kev ua lag luam debut rau hnub Thursday, ncaws tawm dab tsi xav tias yuav yog ib lub xyoo loj rau thawj zaug muab rau pej xeem thiab ua rau lub 20-xyoo-laus tuam txhab uas muag yog ib tug ntawm cov tseem ceeb tshaj plaws nyob rau hauv lub ntiaj teb no kev ncaj ncees ntiag tug. cov tuam txhab.

Cov Lus Tseem Ceeb

Sau npe ntawm kev sib pauv thev naus laus zis-hnyav Nasdaq hauv qab ticker TPG, cov khoom lag luam pib ua lag luam sai tom qab 12:15 teev tsaus ntuj EST, nce mus rau $ 33 los ntawm tus nqi muag ntawm $ 29.50 thaum lub lag luam dav tsis sib haum, nrog Nasdaq poob txog 1.5% thaum S&P 500. poob 0.6%.

Tus nqi khoom lag luam booming tau txhawb nqa lub tuam txhab tus nqi kwv yees li $ 10 nphom, tom qab nws tshaj tawm hnub Wednesday yav tsaus ntuj nws npaj yuav nce txog $ 1 nphom los ntawm kev muag 33.9 lab shares rau cov tub ua lag luam nyob rau hauv qhov kev thov uas xav tias yuav kaw hnub Tuesday.

Underwriters, uas suav nrog JPMorgan, Goldman Sachs thiab Morgan Stanley, muaj kev xaiv los yuav kwv yees li 3.4 lab ntau tshaj tawm ntawm cov Tshuag, suav nrog ze li 1.8 lab shares los ntawm TPG thiab 1.6 lab los ntawm ib tus neeg ua lag luam tsis muaj npe. 

Nrog ze li ntawm 307 lab cov khoom lag luam zoo tshaj plaws, TPG qhov kev lag luam loj tshaj plaws ua rau nws yog tsib lub tuam txhab ntiag tug tseem ceeb tshaj plaws hauv Asmeskas - tsuas yog tom qab tus neeg sib tw Carlyle Group ($ 18.7 billion), tab sis tom qab Apollo ($ 41 billion), KKR ($ 61 billion) thiab Blackstone. ($ 144 billion).

Tuav qee qhov $ 109 nphom hauv cov cuab tam, Texas- thiab San Francisco-raws li TPG dhau los ua tus thib tsib-loj tshaj plaws kev lag luam kev lag luam ntiag tug hauv Asmeskas los ntawm cov cuab tam, dua li Blackstone ($ 619 billion), Apollo ($ 481 billion), Carlyle ($ 256 billion) thiab KKR ($ 252 billion).

TPG cov kev lag luam pej xeem tau tshwm sim ua raws li "keeb kwm blistering pace" ntawm kev lag luam ntiag tug-equity hauv 2021, nrog cov tuam txhab kaw 8,624 deals rau cov ntaub ntawv $ 1.2 trillion, raws li pab pawg ntawm PItchBook cov kws tshuaj ntsuam coj los ntawm Wylie Fernyhough, 64% siab dua li yav dhau los ncov los ntawm 2019.

Tus Keeb Kwm Tseem Ceeb

Founded hauv 1992, TPG thaum lub Kaum Ib Hlis tau tshaj tawm cov phiaj xwm mus rau pej xeem thiab muaj cov ceg txheem ntseeg loj dua hauv lub koom haum txuj ci CAA, Vice Media thiab Spotify. Nws qhov kev tos ntev ntev ua pa tawm lub neej tshiab rau hauv kev sib luag ntawm pej xeem cov npe thaum muaj kev nthuav dav loj hauv kev yuav khoom. Xyoo tas los ushered nyob rau hauv ntau dua $ 5.6 trillion tus nqi ntawm kev sib koom ua ke thiab tau txais kev lag luam, tshaj li cov ntaub ntawv dhau los ntawm $ 4.6 trillion hauv 2007, raws li kev lag luam cov ntaub ntawv tuam txhab Dealogic. Qhov ntawd tsuas yog xav kom txuas ntxiv mus. Cov tuam txhab nyiaj txiag ntiag tug muaj nyiaj nplua nuj muaj cov ntaub ntawv $ 2.3 trillion hauv cov nyiaj ntsuab thiab lwm yam khoom muaj txiaj ntsig zoo rau kev siv nyiaj. 

Kev Nkag Siab Hais

Fernyhough hais tias "Raws li ntau lub tuam txhab kev ncaj ncees ntiag tug xaiv mus rau pej xeem, kev sib koom ua ke thiab kev yuav khoom tsuas yog yuav nce ntxiv," Fernyhough hais. "Public lwm tus thawj tswj hwm yuav ua txhua yam kom pom tias yog cov khoom lag luam loj hlob ntau dua li kev ua si muaj txiaj ntsig, txhais tau tias lawv yuav tsum tau tsim cov tswv yim tshiab thiab coj cov neeg tshiab." CVC Capital Partners, lwm lub tuam txhab lag luam ntiag tug loj tshaj plaws hauv ntiaj teb, nrog qee qhov $ 122 nphom hauv cov cuab tam, tshaj tawm tias tau rub Goldman los ua tus thawj coj IPO rau xyoo tom ntej. Kev lag luam tuaj yeem muaj txiaj ntsig rau lub tuam txhab ntau dua $ 15 billion.

Dab Tsi Los Saib

Kev pabcuam khoom noj khoom haus Instacart, meme-Tshuag purveyor Reddit thiab vegan meat-maker Impossible yog ntawm cov tuam txhab muag muag kev lag luam tawm xyoo no. PitchBook Venture Analyst Cameron Stanfill xav tias muaj pes tsawg qhov kev sib cog lus tuaj yeem ua rau qhov siab tshiab tom qab cov ntaub ntawv tawg xyoo 2021, thaum ze li ntawm 1,100 lub tuam txhab mus rau pej xeem thiab nce ze li $ 260 billion.

ntxiv nyeem ntawv

Billionaire-Backed Private Equity Giant TPG Lub Hom Phiaj Txog $ 9.5 billion tus nqi hauv IPO siab heev (Forbes) 

Qhov loj tshaj IPOs Saib Hauv Xyoo 2022 (Forbes)

Source: https://www.forbes.com/sites/jonathanponciano/2022/01/13/tpg-stock-lands-10-billion-valuation-in-2022s-first-big-ipo-heres-how-that-stacks-up-against-pe-giants-blackstone-kkr/