TPG nears deal to take a stake in skin care company Rodan + Fields

Private equity firm TPG Capital is taking a minority stake in skin care company Rodan + Fields, sources familiar with the situation tell CNBC. The business generated 2017 net revenue of more than $1.5 billion and grew at a rate of 40 percent. Private equity firm TPG Capital is nearing a deal to take a minority stake in skin care brand Rodan + Fields, sources familiar with the situation tell CNBC.