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Abrigo completes acquisition of TPG Software, expanding mission-critical solutions for financial institutions

PRIVATEMar 27, 2024

Acquiring Company

Abrigo

Acquired Company

TPG Software

RaleighHoustonFinancial ServicesSoftwareFinanceSaaSFintechSoftwareFinanceFintech

Description

Abrigo, a leading provider of compliance, credit risk, and lending solutions for financial institutions, has strategically acquired TPG Software, an industry leader in investment accounting and management solutions. This acquisition expands Abrigo’s suite of technical accounting solutions and strengthens its risk management and reporting capabilities, contributing to the industry’s focus on liquidity, capital requirements, and earnings.

Quick answer

Abrigo is acquiring TPG Software, announced March 27, 2024. Abrigo is based in Raleigh, North Carolina, United States.

How much did Abrigo pay for TPG Software?
The deal value was not disclosed.
What does Abrigo do?
Abrigo is a financial technology company providing market-leading compliance, credit risk, and lending solutions that help community financial institutions manage risk and drive growth.
Where are Abrigo and TPG Software based?
Abrigo is based in Raleigh, North Carolina, United States. TPG Software is based in Houston, Texas, United States.
Who are the decision-makers at Abrigo?
Fundz holds 3 contacts at Abrigo. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Abrigo

Location

Raleigh, North Carolina, United States

About

Abrigo is a financial technology company providing market-leading compliance, credit risk, and lending solutions that help community financial institutions manage risk and drive growth. Guided by its mission to “Make Big Things Happen,” Abrigo combines innovative products, deep expertise, and world-class support to help customers succeed amid evolving regulations, competition, and changing customer expectations.

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Frequently asked

Who acquired TPG Software?

TPG Software was acquired by Abrigo, based in Raleigh. The deal was reported on March 27, 2024. Abrigo is a financial technology company providing market-leading compliance, credit risk, and lending solutions that help community financial institutions manage risk and drive growth. Abrigo is privately held and operates in Financial Services.

When did Abrigo acquire TPG Software?

Abrigo's acquisition of TPG Software was reported on March 27, 2024. Abrigo, a leading provider of compliance, credit risk, and lending solutions for financial institutions, has strategically acquired TPG Software, an industry leader in investment accounting and management solutions. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does TPG Software do?

TPG Software, established in 1991 and headquartered in Houston, Texas, stands at the forefront of innovative financial software development tailored for the banking industry. It is privately held, operating in Software, and is based in Houston.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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