TPG Capital is hunting for a new executive for its funeral services player InvoCare with Eron Plumb, a seasoned healthcare executive the private equity firm drafted in at the end of 2023, stepping down.
At the time he was appointed, TPG said Plumb would be running point on its turnaround of InvoCare, whose national brands include Simplicity Funerals and White Lady Funerals. TPG acquired InvoCare off the ASX for $1.8 billion shortly before it appointed Plumb to the role.
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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com
