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Private-equity firm TPG acquires a minority stake in GreenSky Trade Credit LLC, valuing the Atlanta-based home-improvement finance company at nearly $2 billion. TPG's investment of around $150 million is part of a larger funding round and highlights their confidence in GreenSky's potential. This partnership is expected to fuel the expansion and development of GreenSky's consumer-finance services.
Tuesday, 21 October, 2014