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TPG Makes Significant Strategic Investment in Altimetrik

Jun 27, 2024•almost 2 years ago

Contract Type

partnership

SouthfieldInformation TechnologySoftware

Description

Altimetrik has signed a definitive agreement with TPG, a leading global alternative asset firm, for a majority investment to accelerate growth and innovation. The new partnership is a testament to Altimetrik’s differentiated approach to digital business and track record of strong organic growth.

Company Information

Company

Altimetrik

Location

Southfield, Michigan, United States

About

Altimetrik is a pure-play digital business services company focused on delivering business outcomes with an agile, product-oriented approach. The company's team of 6,000+ practitioners with software, data, and cloud engineering skills help create a culture of innovation and agility that optimizes team performance, modernizes technology, and builds new business models.

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Strategic

ML-powered predictions for Altimetrik's next move

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Agreement Insights

Based on industry data

Strategic partnership established

Partnership agreements typically involve technology integration and joint go-to-market strategies

Contract momentum indicator

Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months