TPG Growth, SurveyMonkey team for acquisition
TPG Growth, with offices in Fort Worth, said today that together with web-based survey firm SurveyMonkey it has agreed to buy MarketTools Inc., which provides software for market research. Terms were not disclosed. TPG, part of the big TPG Capital private equity firm, will retain San Francisco-based MarketTools' lines of business that focuses on custom market research and customer feedback. SurveyMonkey will take MarketTools' operations that include online surveying, sampling and data quality. TPG Growth says it has $3 billion under management.
-- Jim Fuquay