In the News
Sixth Street Growth once again named to GrowthCap’s list of Top 25 Growth Equity Firms
February 28, 2024
Sixth Street Growth is proud to be ranked at #6 on GrowthCap’s list of the Top 25 Growth Equity Firms of 2023. This is the second consecutive year Sixth Street Growth has been recognized on the list. GrowthCap evaluated over 400 nominations on each firm’s unique capabilities, sector expertise, investment judgment, demonstrated value creation, senior partner composition, talent retention, firm evolution, and firm momentum, among other attributes.
Sixth Street Growth has deployed ~$2.5 billion across 16 new software/SaaS investments in the last two years driven by its patient and flexible partnership capital. Notably, in October 2023, Sixth Street Growth made a significant minority investment in Keyfactor, a provider of security solutions for modern businesses, putting the company’s valuation at $1.3 billion. In March 2023, Sixth Street Growth also participated in Stripe’s latest funding round. Additional new partnerships in 2023 include, Logile, Stayntouch, Volante Technologies, and 1upHealth. The team also made repeat investments into previous partnerships, including Fullsteam, Kyriba, ReliaQuest, and SumUp.
Sixth Street Growth invests in fast-growing companies with a focus on forming long-term partnerships with market leaders across application software, infrastructure software, healthcare technology, and fintech. Sixth Street Growth is part of Sixth Street, a leading global investment firm with approximately $75 billion in assets under management and committed capital. Founded in 2009, Sixth Street has partnered with over 70 CEOs and management teams and invested more than $9 billion in its Growth strategy since its inception.
To learn more about the ranking, visit: https://growthcapadvisory.com/the-top-growth-equity-firms-of-2023/
DISCLAIMER: The award referenced is the opinion of GrowthCap, LLC (“GrowthCap”)—the party conferring the award—and not of Sixth Street. Sixth Street has no affiliation with GrowthCap. Sixth Street submitted nominations to be considered for and, once selected, paid to be included on, and to promote inclusion on, the list noted above. Sixth Street was notified of the award on 01/30/2024. The award was based on the time period of 01/2023-12/2023. GrowthCap’s recognition is not indicative of Sixth Street’s future performance. This award does not constitute an offer to sell or a solicitation of an offer to buy any securities and should not be used or relied upon in evaluating the merits of investing in any Sixth Street-sponsored investment vehicle.
