TPG Growth has made its latest acquisition with global staffing firm Frank Recruitment Group (FRG). Under the agreement, TPG has acquired a majority stake in FRG from the firm’s founders and middle-market private equity shop Livingbridge.
FRG is best known for recruiting IT professionals who specialize in enterprise software. The London firm consists of Nigel Frank, which focuses on professionals with expertise in Microsoft Dynamic IT professionals; Mason Frank, which focuses on Salesforce professionals; Churchill Frank, which focuses on big data pros; and Washington Frank, which specializes in staffing opportunities in cloud-based computing. London-based Livingbridge began investing in FRG in 2013.