TPG has deep experience investing globally in industrials and services businesses. Key sub-sectors of focus include industrial technology, supply chain and logistics, business and industrial services, packaging, manufacturing, chemicals, and distribution. We focus on identifying companies with competitive and resilient business models that serve growing end markets. In many of our investments, we work closely with TPG’s Operations team, which our management teams have found to be a valuable partner. Examples of our investments in the industrials and services sector have included Armstrong World Industries, Big River Steel, CLEAResult, Cushman & Wakefield, Graphic Packaging, Grohe, Novolex, Ontex, and Transplace Holdings.