TPG Growth buys majority of Frank Recruitment Group

TPG Growth said April 28 that it closed its buy of a majority of Frank Recruitment Group (FRG). Financial terms weren’t announced. FRG founders and Livingbridge were the sellers. FRG, of Newcastle, United Kingdom, is a staffing and recruiting business focused exclusively on the enterprise software market. Rothschild provided sell-side advisory services while Travers Smith and Ward Hadaway acted as legal advisors to FRG. Kirkland & Ellis International LLP acted as a legal advisor to TPG Growth in the transaction and HSBC provided debt financing.

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