Transaction News: EXG advises TPG on majority stake acquisition by Alpina

EXG Consulting GmbH advises the shareholders of The Project Group Informationstechnologie GmbH on the majority stake acquisition by Alpina Partners to support the company’s further international growth strategy.

TPG The Project Group, a leading provider of software products and consulting services for project, portfolio, and resource management (PPM), paved the way for an expanded growth strategy at the end of 2022 with the acquisition of a majority stake by funds managed by Alpina Management GmbH.

TPG, headquartered in Munich with several international subsidiaries, employs more than 100 people. As a long-standing partner of Microsoft and Planisware, TPG offers complementary software solutions as well as integration and implementation services in the field of project, portfolio, and resource management. The company serves more than 700 customers from various industries in Germany, Austria, Switzerland, and internationally, including small and medium-sized enterprises as well as large international corporations.

Alpina is an independent European technology investment company focused on leading companies with strong USPs in the areas of B2B software, technology-enabled business services, and industrial technologies.

Together with Alpina, TPG’s management aims to expand both its international service offering and its own software solutions and products, becoming one of the leading platforms for software and consulting in the PPM environment. TPG’s management has reinvested significantly in the course of the transaction and will continue to drive growth.

EXG acted as M&A advisor to TPG on the transaction.