MacDonald Dettwiler and Associates (MDA) has signed definitive agreements to sell Marshall & Swift/Boeckh (MSB) to TPG Capital (TPG), a global investment firm with $47 billion in assets under management and with experience supporting companies in the insurance and financial services marketplace, according to MSB.

"MSB has achieved outstanding growth working with MDA and now looks forward to continued success while partnering with TPG," says Salil Donde, CEO of MSB. "TPG is fully supportive of and in total congruence with our business and strategic plans. We will continue delivering world-class property estimating solutions and thought leadership to the markets we serve.

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