TPG Rise Climate and Renaissance Partners Announce Co-Control Acquisition of SICIT, Marking New Phase of Growth
TPG Inc. has announced a new shareholder agreement to jointly acquire control of SICIT, a global leader in the production of biostimulants, alongside Renaissance Partners. The deal includes a co-control partnership with TPG Rise Climate, TPG's dedicated climate investing platform, marking a new phase of growth and international expansion for SICIT. Renaissance Partners will reinvest in the new transaction, joined by Intesa Holding and co-investors LGT Capital Partners and Schroders Capital. TPG Rise Climate's involvement aims to further accelerate SICIT's growth by leveraging its global network and industry expertise.
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