05/20/2021
Citizens Advises IPG on its Significant Investment from TPG Growth
PROVIDENCE, RI – Citizens M&A Advisory announced today that it served as the exclusive financial advisor to IPG, Inc., a leading provider of surgical cost management solutions, on a significant investment from TPG Growth, the middle-market and growth equity platform of alternative asset firm TPG.
Partnering with health plans, device manufacturers and surgical facilities nationwide, IPG offers cost-effective surgical solutions that bring increased transparency to stakeholders across the healthcare market, delivering site of care optimization along with analytics for value-based care.
Vince Coppola, president and chief executive officer of IPG, said: "We greatly appreciate the efforts made by Citizens in bringing about a successful outcome for IPG. Their knowledge of the surgical cost management space and deep experience with the buyer universe helped us find the ideal partner to help us drive the next level of growth."
Citizens M&A Advisory specializes in middle-market mergers and acquisitions. Citizens combines sector intelligence with a client-focused approach to realize our clients’ true value. The Citizens team has closed more than 150 transactions in the last five years and has more than 60 M&A professionals specializing in a range of industries across the United States. Citizens M&A Advisory is part of Citizens Capital Markets, Inc., a subsidiary of Citizens Financial Group (NYSE: CFG).
About Citizens Financial Group, Inc.
Citizens Financial Group, Inc. is one of the nation’s oldest and largest financial institutions, with $187.2 billion in assets as of March 31, 2021. Headquartered in Providence, Rhode Island, Citizens offers a broad range of retail and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations and institutions. Citizens helps its customers reach their potential by listening to them and by understanding their needs in order to offer tailored advice, ideas and solutions. In Consumer Banking, Citizens provides an integrated experience that includes mobile and online banking, a 24/7 customer contact center and the convenience of approximately 3,000 ATMs and approximately 1,000 branches in 11 states in the New England, Mid-Atlantic and Midwest regions. Consumer Banking products and services include a full range of banking, lending, savings, wealth management and small business offerings. In Commercial Banking, Citizens offers a broad complement of financial products and solutions, including lending and leasing, deposit and treasury management services, foreign exchange, interest rate and commodity risk management solutions, as well as loan syndication, corporate finance, merger and acquisition, and debt and equity capital markets capabilities. More information is available at www.citizensbank.com or visit us on Twitter, LinkedIn or Facebook.
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The testimonials presented are applicable to the individuals depicted and may not be representative of the experience of others. The testimonials are not paid and are not indicative of future performance or success.
