TPG Pours $228M Into Sayari, Betting Big on Supply Chain Risk Intelligence

The Deal: Why TPG Growth is Making Its Move

Alternative asset management heavyweight TPG has committed up to $228 million to acquire a majority stake in Sayari, a Washington-based platform specializing in counterparty and supply chain risk detection. The investment signals growing confidence in the market for enterprise intelligence tools that help organizations navigate an increasingly complex global commerce landscape.

Sayari’s founders, existing investors, and employee base will retain meaningful ownership stakes following the transaction, which is slated to close in the first quarter of 2024 pending standard regulatory clearances.

What Sayari Does (And Why It Matters Now)

Since launching its core platform in 2020, Sayari has built a reputation as the go-to network for detecting hidden risks buried in corporate ownership structures and supply chain networks. The platform synthesizes data across more than 250 jurisdictions, aggregating corporate registration information, trade transaction records, and ownership intelligence to surface red flags that manual investigation would miss.

The user base reflects the platform’s traction: thousands of frontline analysts across government regulators, law enforcement, national security agencies, and over 100 Fortune-listed enterprises in 35+ countries now rely on Sayari’s infrastructure for investigations, compliance screening, and risk management workflows.

The momentum has been undeniable. In 2023 alone, Sayari secured new contracts across the U.S., UK, Canada, Australia, and the EU—supporting trade enforcement actions, forced labor investigations, military end-use compliance, and complex financial crime probes. International government revenue expanded 950% year-over-year, demonstrating accelerating adoption among regulatory bodies worldwide.

What TPG Gets From This (And What Sayari Gets From TPG)

TPG Growth, the firm’s $212 billion alternative asset management platform focused on middle-market and expansion-stage companies, sees an inflection point in supply chain risk intelligence. “Organizations are being held accountable for the counterparties they work with,” said Mike Zappert, Partner at TPG. “Sayari’s data assets, built over years, give companies the visibility to protect their operations and their reputation.”

For Sayari, the partnership unlocks capital and operational firepower to accelerate its international footprint while launching a second product line: a fully automated supply chain screening platform powered by the company’s proprietary knowledge graph and advanced AI technologies designed to extract richer insights from authoritative supply chain datasets.

The Growth Story Ahead

Sayari Co-Founder and CEO Farley Mesko positioned the TPG partnership as a turning point. “Whether regulators or Fortune 500 companies, our platform equips leaders with the intelligence needed for safer global commerce decisions,” Mesko said. “This capital and partnership structure lets us tackle the massive market opportunity in supply chain risk—driving costs down while delivering superior decision-making insights.”

TPG’s track record speaks to its investment thesis: the firm has backed information services and government technology companies for over 20 years, accumulating deep expertise in sectors where data and regulatory compliance intersect. The combination of TPG’s resources, operational know-how, and customer-centric approach aligns with Sayari’s growth ambitions in a market increasingly shaped by supply chain scrutiny and trade enforcement priorities.

The Takeaway

The $228 million vote of confidence reflects a broader market dynamic: as global trade becomes more complex and regulatory oversight intensifies, demand for AI-powered, data-driven risk intelligence is no longer niche—it’s mission-critical infrastructure for enterprises and governments alike. TPG’s entry into this space through Sayari underscores that thesis.