TPG to Acquire Controlling Interest in Utility Management Platform Conservice
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 22 2025
0mins
Source: SeekingAlpha
TPG's Acquisition: TPG has agreed to acquire a majority stake in Conservice, a utility management platform for the property management industry, through its private equity platform, TPG Capital.
Investment Details: The deal involves TPG joining Advent International, which will retain a significant stake, while TA Associates will fully exit its investment in Conservice.
Company Background: Founded in 2000, Conservice provides integrated solutions that enhance metering, billing, payment, procurement, and analytics for nearly 8 million units across the U.S.
Market Reaction: Following the announcement, TPG shares fell by 1.7% in after-hours trading.
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Analyst Views on TPG
Wall Street analysts forecast TPG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for TPG is 70.10 USD with a low forecast of 55.00 USD and a high forecast of 82.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
10 Analyst Rating
7 Buy
3 Hold
0 Sell
Moderate Buy
Current: 59.370
Low
55.00
Averages
70.10
High
82.00
Current: 59.370
Low
55.00
Averages
70.10
High
82.00
About TPG
TPG Inc. is an alternative asset management company. The Company invests in a diversified set of strategies, including private equity, impact, credit, real estate, and market solutions. It consists of multi-strategy investment platforms: Capital, Growth, Impact, TPG Angelo Gordon, Real Estate, and Market Solutions. Its Capital platform focuses on control-oriented private equity investments. Its Capital platform products include TPG Capital, and TPG Healthcare Partners. Its Growth platform products include TPG Growth and TPG Digital Media. Its Impact platform products include The Rise Funds and TPG NEXT. Its TPG Angelo Gordon platform products include TPG AG Credit Solutions and TPG AG Net Lease. Its Real Estate platform products include TPG Real Estate Partners and Real Estate Credit. Its Market Solutions products include Public Market Investing and Capital Markets. Its TPG Peppertree focuses on wireless communications towers and related critical communications assets.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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