TPG invests in Trustwell

JANUARY 5, 2026

TPG invests in Trustwell

TARGET

Supply chain software purpose-built for the food industry.

Ownership	PE-backed
Prior owner	The Riverside Company
Investors	The Rise Funds (TPG), The Riverside Company (exited)
Capital raised	$33.9M
Headcount	145 FTEs
Headquarters	Beaverton, Oregon
Leadership	Katy Jones, Chief Executive Officer
Sell-side advisor	William Blair

INVESTOR

TPG

Global alternative asset management firm

Ownership	—
Headquarters	San Francisco, California
Deal leads	Akash Pradhan, Business Unit Partner (The Rise Funds) Akash Pradhan, Business Unit Partner for The Rise Funds
Buy-side advisor	Evercore

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TPG -> Trustwell  (2026-09-11)
growth_investment | Supply Chain/Logistics | announced
Target: Supply chain software purpose-built for the food industry.
Website: trustwell.com | Buyer site: tpg.com
HQ: Beaverton, Oregon | Ownership: pe-backed | Seller: The Riverside Company | Buyer sponsor: TPG
Advisors - Sell-side: William Blair; Buy-side: Evercore
Source: Thematic - https://thematichq.com/software/d/tpg-trustwell.html

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