TPG to Invest in Accounting Firm Smith & Howard, Broad Sky Exits

TPG Inc., a top global alternative asset manager, has inked a deal to make a “significant” investment in Smith & Howard Advisory LLC, an Atlanta-based accounting and advisory firm, the firms said Tuesday.

Broad Sky Partners, Smith & Howard’s private equity backer since 2022, is expected to exit substantially all of its investment in the firm as part of the deal, which is slated to close in the third quarter. Financial terms were not disclosed.

Since inking its deal with Broad Sky, ...