Greenhouse Software receives loans backing TPG Growth investment

Carlyle Global Credit and AB Private Credit Investors provided debt financing backing a majority investment in HR software company Greenhouse Software Inc. by TPG Growth, market sources said today.

TPG Growth and its global impact investing platform The Rise Fund unveiled an undisclosed majority investment in hiring software provider Greenhouse Software Inc. in a Jan. 14 statement.

Greenhouse Software will use the deal's proceeds for product innovation, to expand into new markets and to enhance services that help improve diversity, equity and inclusion in hiring.

Private equity firm TPG Growth is a unit of TPG Capital LP.