TPG Pace Solutions

TPG Pace Solutions is a special purpose acquisition company formed by TPG for the purpose of entering into a merger, stock purchase or similar business combination with one or more businesses. The company’s strategy is to identify and acquire businesses that are better suited to generate strong returns in a public market environment while benefitting from TPG’s operational expertise. In April 2021, TPG Pace Solutions priced an IPO and raised approximately $285 million. TPGS also raised $200 million in Forward Purchase Agreements (FPA) concurrent with the IPO and in PIPE commitments, increasing TPGS's capital base to $485 million.