Demopolis Equity Partners, a technology-focused growth and buyout firm, today announced that it has signed a definitive agreement to receive a strategic minority investment from TPG (NASDAQ:TPG), a leading global alternative asset management firm. TPG will invest in Demopolis through TPG NEXT, its strategy focused on seeding and scaling the next generation of investment firms by providing growth capital and operational and investment support.

Founded in 2022, Demopolis seeks to make control and growth equity investments in high-quality, lower middle market software companies, with a focus on B2B technology. The team looks to partner with innovative, mission-critical businesses with resilient business models. Demopolis leverages the team's 60-plus years of combined operating, strategy consulting, and investment experience to help lower middle market companies with strong technology achieve long-term, sustainable growth. The firm is founded by Tim Greenfield, who serves as Managing Partner of the firm and is supported by a core team that has invested together for more than a decade.