# 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.

- Type: Acquisition
- Announced: 2025-09-11
- Where: Cambridge, Massachusetts, United States
- Value: $600.0M
- Status: announced
- Products: manufacturing software, HMI/SCADA, MES, industrial data management
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [GE Vernova](https://endata.com/companies/2947.md)
- [GE Vernova](https://endata.com/companies/2947.md) (acquirer)
- [GE Vernova](https://endata.com/companies/2947.md) (target)
- [TPG](https://endata.com/companies/10791.md) (acquirer)
- [Xignux](https://endata.com/companies/11492.md) (partner)
- [Prolec GE](https://endata.com/companies/13625.md) (target)

## Sources

- [gevernova.com](https://www.gevernova.com/news/press-releases/tpg-to-acquire-ge-vernovas-proficy-manufacturing-software-business), 2025-09-11: "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."
- [controlglobal.com](https://www.controlglobal.com/industry-news/news/55322811/tpg-acquires-ge-vernovas-proficy-to-establish-it-as-a-standalone-business), 2025-10-13: "We’re excited to reach this agreement with TPG to position the Proficy business for independent success, while also generating significant proceeds for GE Vernova to reinvest in our core businesses."
- [theglobeandmail.com](https://www.theglobeandmail.com/investing/markets/markets-news/Business%20Wire/35594361/ge-vernova-to-fully-acquire-prolec-ge-joint-venture/), 2025-10-21: "We're excited to execute this highly attractive and strategic move to acquire full ownership of our Prolec GE joint venture from Xignux, which accelerates GE Vernova's global strength in grid technologies."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.