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TPG Capital and Leonard Green Partners Agree to Acquire Majority Stake in Ellucian

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FAIRFAX, Va. & SAN FRANCISCO & LOS ANGELES--(BUSINESS WIRE)--Ellucian, the leading global provider for higher education software and services, today announced that TPG Capital (“TPG”) and Leonard Green Partners (“Leonard Green”) have entered into a definitive agreement to acquire a majority interest in Ellucian from Hellman & Friedman (“H&F”) and co-investor JMI Equity. “We are delighted to welcome TPG and Leonard Green to the Ellucian team,” said Jeff Ray, chief executive officer of El

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