TPG, SurveyMonkey Team Up On MarketTools Buy

Law360, New York (December 14, 2011, 4:31 PM EST) -- Private equity giant TPG Capital LP has partnered with SurveyMonkey.com LLC to scoop up San Francisco-based market research software provider MarketTools Inc., TPG announced Wednesday.

Under the terms of the deal, TPG's middle-market equity platform TPG Growth will purchase MarketTools. TPG Growth will then transfer ownership of three MarketTools business lines to SurveyMonkey in exchange for a minority stake in the Palo Alto, Calif.-based online survey company, TPG said.

Financial terms of the transactions were not disclosed, and spokespeople for TPG Growth, MarketTools and Survey Monkey...
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