M/25/082- TPG/Kinetic

Transaction details

The proposed acquisition by funds managed and/or advised by affiliates of TPG Inc., through Koala Bidco, Pty. Ltd of joint control of Kinetic TCo Pty Ltd has been cleared by the Competition and Consumer Protection Commission.

Notification date Decision date
Wednesday December 3, 2025 Wednesday, December 17, 2025
Parties Involved Business activities
TPG Inc.

TPG Inc., is a alternative asset management firm incorporated in the USA. TPG indirectly controls several portfolio companies which are active in the State.
Koala Bidco, Pty. Ltd is a special purpose vehicle incorporated for the purpose of the Proposed Transaction.

Kinetic TCo Pty Ltd

Kinetic TCo Pty Ltd is a holding company for Kinetic Holding Company Pty Ltd and the Go-Ahead Group. The Go-Ahead Group is active in the supply of bus services in the State.

Economic sector Media merger
Professional Services No
Submissions from third parties due by:
Phase 1 Phase 2
Tuesday, December 16, 2025
Current status: Completed
Cleared (Phase 1)
Authorised Officer Assigned Contact Details
Éadaoin Burns

eadaoinburns@ccpc.ie

Media enquiries: communications@ccpc.ie

Return to Merger Notifications

Haven’t found what you’re looking for?