TPG Invests $100 Million in Student Mobility Company Zum
TPG has invested $100 million in Zum, a student transportation company, valuing it at $1.7 billion. This marks an increase from its previous valuation of $1.3 billion in 2024 and follows Zum reaching breakeven EBITDA. The investment will support expansion and development of Zum's Connected Mobility Experience platform.
Tickers: $TPG
Topics: expansion investment private equity student transportation TPG Zum