TLDR:
- Private-equity firm TPG is acquiring risk management technology company Sayari Labs for $228 million.
- Sayari Labs works with clients, including the U.S. Labor Department, to identify risks in supply chains and corporate networks.
- TPG plans to launch a new artificial intelligence-enhanced product for supply-chain risk management.
Private-equity firm TPG is acquiring venture capital-backed risk management technology company Sayari Labs for $228 million. Sayari Labs works with clients, including the U.S. Labor Department, to help identify risks in supply chains and corporate networks. TPG is making the majority investment through TPG Growth, the firm’s middle-market and growth-equity platform.
The acquisition comes as companies and governments increasingly focus on supply chain risk management, particularly in the wake of the COVID-19 pandemic. Sayari Labs plans to launch a new artificial intelligence-enhanced product for supply-chain risk management, which will likely benefit from TPG’s resources and expertise.
This acquisition further solidifies TPG’s presence in the risk management technology sector. The firm has made previous investments in other technology companies addressing supply chain and corporate risk, indicating the growing importance of this market segment.
Overall, the acquisition of Sayari Labs by TPG highlights the increasing demand for supply chain risk management tools and solutions. Companies and governments are recognizing the need to identify and mitigate risks in their supply chains, and technologies like artificial intelligence can greatly assist in this process. With the support of TPG, Sayari Labs is well-positioned to capitalize on this growing market and provide valuable risk management services to its clients.
