TPG to sell majority stake in NorthStar Anesthesia to Cranemere

Cranemere has agreed to acquire a majority stake in Irving, Texas-based NorthStar Anesthesia, an anesthesia care provider, from TPG Growth. No financial terms were disclosed. At the closing of the transaction, TPG Growth will retain a "significant" minority stake in NorthStar. The deal is expected to close in the second quarter of this year.

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