Acquiring Company
Texas Pacific Group
Acquired Company
Conservice
Fort WorthUtahFinancial ServicesReal EstateReal Estate InvestmentLendingReal EstateProperty ManagementDescription
TPG has signed a definitive agreement to acquire a majority stake in Conservice, enhancing its investment in the utility management sector. Conservice, founded in 2000, offers tech-enabled solutions for property management, linking operators with numerous utility providers. The deal will support the continued growth of Conservice's platform. It is expected to close in early 2026, pending customary approvals.
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Who to call at Texas Pacific Group, and when
When Texas Pacific Group changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Texas Pacific Group raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Texas Pacific Group, from your own LinkedIn network
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Related People
Frequently asked
Who acquired Conservice?
Conservice was acquired by Texas Pacific Group, based in Fort Worth. The deal was reported on December 22, 2025. Texas Pacific Group (TPG) is a leading global private equity firm. It specializes in leveraged buyouts and growth capital investments. Texas Pacific Group is privately held and operates in Financial Services.
When did Texas Pacific Group acquire Conservice?
Texas Pacific Group's acquisition of Conservice was reported on December 22, 2025. TPG has signed a definitive agreement to acquire a majority stake in Conservice, enhancing its investment in the utility management sector. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Conservice do?
Conservice is a leading utility management platform for the property management industry. Established in 2000, it provides tech-enabled solutions for metering, billing, payment, and procurement. It is privately held, operating in Real Estate, and is based in Utah.
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