TPG Asia Invests $360 Million in Fractal Analytics

January 12, 2022

Cleary Gottlieb is representing TPG Asia in its approximately $360 million investment in Fractal Analytics Private Limited (Fractal).

The transaction includes a combination of a primary investment and a secondary share purchase from funds advised by Apax Partners. The transaction is expected to close in the first quarter of 2022, subject to receipt of applicable regulatory approvals.

Fractal is a global provider of artificial intelligence and advanced analytics solutions and one of the most prominent players in the artificial intelligence space. Fractal’s mission is to power every human decision in the enterprise and brings AI, engineering, and design to help the world’s most admired Fortune 500 companies. Fractal has more than 3,500 employees across 16 global locations, including the United States, UK, Ukraine, India, Singapore, and Australia.

Apax Partners is a leading global private equity advisory firm. The firm has raised and advised funds with aggregate commitments of more than $60 billion. The Apax funds invest in companies across four global sectors of health care, tech, services, and internet/consumer.

For more information, please see the press release here.