TPG to acquire GE Vernova's Proficy software business for $600M

GE Vernova and TPG announced a binding agreement for TPG to acquire GE Vernova's Proficy manufacturing software business for $600 million. The transaction will establish Proficy as a standalone software company.

“GE Vernova Inc. and TPG announced today the signing of a binding agreement confirming the intent under which TPG will acquire GE Vernova’s Proficy manufacturing software business for $600 million.”gevernova.com

• 3 sources
• gevernova.comTPG to acquire GE Vernova’s Proficy® Software businessRachael. Van ReenSep 11, 2025
• controlglobal.comTPG acquires GE Vernova’s Proficy to establish it as a standalone business | Control GlobalJim MontagueOct 13, 2025
• theglobeandmail.comGE Vernova to Fully Acquire Prolec GE Joint Venture - The Globe and MailGE Vernova Inc.Oct 21, 2025

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