TPG to Acquire Majority Stake in Conservice

In The News
December 22, 2025

Ropes & Gray has represented TPG in securing committed financing in connection with its definitive agreement to acquire a majority stake in Conservice, a leading utility management platform serving the property management industry across the United States.

The transaction was announced on December 22, and is expected to close in the first quarter of 2026, subject to customary approvals and closing conditions.

The Ropes & Gray team included finance partners Alex Zeltser and Chris Holt.