Articles from TA Associates

smartTrade Technologies (“smartTrade”), a leading global provider of multi-asset electronic trading and payments platforms, today announced a strategic investment from TA Associates (“TA”), a leading global private equity firm. David Vincent, CEO and Co-Founder of smartTrade, and the broader management team, would invest alongside TA at closing, reinforcing their shared commitment to the company’s future.

Brycer (“the Company”), a leading provider of inspection, testing and maintenance (“ITM”) compliance software for fire prevention bureaus, water municipalities, state building departments and other regulatory organizations, today announced a strategic growth investment from TA Associates (“TA”), a leading global private equity firm. This partnership aims to accelerate Brycer’s growth as the Company continues its mission of improving public safety through proactive compliance services and technology.

TA Associates (“TA”), a leading global private equity firm, today announced the completion of a strategic growth investment in Vee Healthtek (“the Company”), a prominent provider of technology-enabled solutions and services for healthcare organizations. This partnership will enable Vee Healthtek to leverage TA’s global resources and extensive experience in the healthcare sector to enhance technology capabilities, expand offerings, and fuel client success.

PowerGEM, a leading provider of simulation modeling software and technical services for the electric power industry is pleased to announce a strategic growth investment from global private equity firm TA Associates (TA).

Rocscience Inc. (“Rocscience” or “the Company”), a pioneering provider of geotechnical software solutions, today announced that TA Associates (“TA”), a leading global private equity firm, completed a strategic growth investment in the Company.

KatRisk, a leading global catastrophe modeling software company, is pleased to announce a significant strategic growth investment from global private equity firm TA Associates (“TA”).

Kinective, a leading provider of connectivity, workflow, and analytics software for the banking sector, today announced that it will receive a strategic investment from TA Associates (“TA”) and existing investor OceanSound Partners (“OceanSound”). This transaction will enable Kinective to bolster product innovation, increase investment in sales and support resources, and deliver enhanced value to its customers. Upon completion of the transaction later this year, TA and OceanSound will become equal partners in Kinective. Terms of the transaction were not disclosed.

Funds advised by TA Associates (”TA”) and Warburg Pincus LLC (“Warburg Pincus”), two leading global private equity firms focused on growth investing, have acquired a majority stake in Epassi Group (”Epassi” or "the Company”) from majority shareholder Bregal Milestone, a leading technology growth private equity firm. As part of the transaction, Epassi’s founder Risto Virkkala will remain invested in the next stage of the Company’s growth strategy.

TA Associates (“TA”), a leading global private equity firm, today announced the completion of fundraising for its latest flagship fund, TA XV, with total limited partner commitments at its hard cap of $16.5 billion. Launched in late November 2022, TA XV was oversubscribed and exceeded its initial target size.

TA Associates (“TA”), a leading global private equity firm, today announced that it has signed a definitive agreement to make a significant growth investment in Alpha II (“the Company”), a leading provider of revenue cycle management (“RCM”) technology solutions to healthcare providers across the care continuum. As part of the transaction, existing shareholder WestView Capital Partners will reinvest alongside TA to maintain a minority position in the Company.

TA Associates (“TA”), a leading global growth private equity firm, today announced nine promotions earned by investment staff, effective January 1, 2023. These include the promotion of Mike Libert to Managing Director and Stefan Dandl to Director. Additionally, Ben Bold and Rafael Telahun have been promoted to Senior Vice President, and Ali Abdel-Halim, Yash Baheti, Laurent Indekeu, Enzo Loreti and Kaelan Ong have been promoted to Vice President.

TA Associates (“TA”), a leading global growth private equity firm, today announced the expansion of its leadership team with the appointments of Jennifer Barbetta as Chief Operating Officer, Lori Stachelski as Chief Talent Officer and Darlene Karis as Global Head of Human Resources. The investment in senior leadership aims to support TA’s accelerated growth, affirm its commitment to developing talent and position the firm for the future.

TA Associates (“TA”), a leading global growth private equity firm, today announced the completion of its fundraising for TA Debt Fund V (“the Fund”) with total commitments of more than $1.1 billion. Launched in 2022, TA Debt Fund V quickly exceeded its initial target of $600 million, and is significantly larger than its predecessor fund, TA Subordinated Debt Fund IV, which closed at $542 million.

Technosylva Inc. (“Technosylva” or “the Company”), a leading provider of wildfire simulation modeling, risk analysis and operational response SaaS solutions, today announced that TA, a leading global growth private equity firm, has signed a definitive agreement to make a strategic growth investment in the Company.

Green Street (or “the Company”), a premier provider of commercial real estate intelligence and analytics, today announced that TA Associates (“TA”), a leading global growth private equity firm, has signed a definitive agreement to make a significant growth investment in the Company. Green Street’s current majority owner, Welsh, Carson, Anderson & Stowe (“WCAS”), a leading private equity firm focused exclusively on the technology and healthcare industries, will retain a minority position in the business.

TA, a leading global growth private equity firm, and Evercore, a premier global independent investment banking advisory firm, recently launched the second year of TA-CORE, a partnership to promote greater diversity in the private equity and investment banking industries. TA-CORE focuses on expanding the diversity pipeline within investment banking and private equity by providing education, access and career opportunities to young professionals from historically underrepresented racial and ethnic groups. Participants in the program benefit from more than five years of mentorship at Evercore and TA, enabling them to build subject matter expertise in an entrepreneurial environment, gain exposure to marquee transactions and foster their professional networks.

TA Associates (“TA”), a leading global growth private equity firm, today announced that the firm has completed a strategic growth investment in Zifo RnD Solutions (“Zifo”), a leading provider of scientific informatics services.

Kofax, a provider of intelligent automation software to facilitate digital workflow transformations (the “Company”), today announced that it has entered into a definitive agreement to be acquired by Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) and TA Associates (“TA”) from Thoma Bravo, a leading software investment firm. Upon closing of the transaction, Clearlake and TA will become majority shareholders in Kofax. Financial terms of the transaction were not disclosed.

TouchTunes, a leading in-venue, interactive music and entertainment platform, today announced that TA Associates, a leading global growth private equity firm, has signed a definitive agreement to acquire the company from funds advised by Searchlight Capital Partners, L.P. (“Searchlight”) and Newlight Partners LP (“Newlight”). Partnering together, TouchTunes and TA aim to accelerate the company’s growth and innovation across existing and new markets. Financial terms of the transactions were not disclosed.

Gamma Technologies, LLC. (GT), a global leader and innovator in integrated multi-physics system simulation software, today announced a strategic investment from New York-based global private equity and venture capital firm, Insight Partners. Insight Partners joins existing investors TA Associates, a leading global growth private equity firm, and Cove Hill Partners, a long-term oriented private equity firm. At the same time, TA is also making a significant new investment in the business.

TA Associates, a global growth private equity firm, and LEA Partners, a technology focused private equity firm, announced today an agreement to merge Enscape, a leading developer of real-time rendering and design workflow technology for the Architecture, Engineering and Construction (AEC) industries, and Chaos, a world leader in photorealistic rendering technology. The merger will establish a global leader in the 3D visualization and design workflow software sectors, with a focus on the AEC, Visual Effects (VFX) and Product Design verticals.

TA Associates, a leading global growth private equity firm, today announced promotions earned by investment staff members in TA’s Boston, Menlo Park, London, Mumbai and Hong Kong offices, effective January 1, 2022.

TA Associates, a leading global growth private equity firm, today announced a strategic growth investment in Adcubum AG, a leading Swiss health and property & casualty (P&C) insurance software provider, and tech11 GmbH, a fast-growing insurance software provider serving the P&C market in Germany and across Europe. The investment will create a leading software provider in the health and P&C markets in Europe, leveraging the momentum of both Adcubum and tech11. Financial terms of the transactions were not disclosed.

TA Associates (“TA”), a leading global growth private equity firm, today announced a strategic growth investment in Nactarome S.p.A. (“The Company” or “Nactarome”), a leading European Group of companies specialising in the development and manufacturing of natural flavours, colours, functional ingredients and clean labels for the food and beverage industry. Upon closing of the transaction, TA will become the majority shareholder, working closing with Nactarome’s Management Team, who will retain a minority equity stake. Nactarome’s current investor Ambienta, Europe’s largest sustainability-focused private equity investor, is expected to retain a minority equity stake as well. Financial terms of the transactions were not disclosed.

TA Associates, a leading global growth private equity firm, and True Wind Capital, a technology focused private equity firm, today announced a strategic growth investment in e-Emphasys Technologies, a leading software and solutions provider to dealers and rental companies in the equipment distribution industry. Financial terms of the transaction were not disclosed.

Riskonnect, the global leader in Integrated Risk Management technology, today announced a new investment by TA Associates, a leading global growth private equity firm with more than 40 years of experience investing in enterprise software companies. Riskonnect's current majority investor, Thoma Bravo, a leading software investment firm, plans to continue holding a significant equity investment in the company. The transaction is expected to be completed by the end of 2021, subject to customary closing conditions. Details of the transaction were not disclosed.

TA Associates, a leading global growth private equity firm, today announced that it has signed a definitive agreement to make a strategic growth investment in Caprock, a leading, privately-owned, multi-family office. Financial terms of the transaction were not disclosed.

PDQ.com (“PDQ”), a leading provider of IT asset management software for small and medium-sized businesses, announced that TA Associates ("TA"), a leading global growth private equity firm, is making an investment in the company. TA, together with the PDQ founders and executive management team, plan to accelerate PDQ’s growth as the company aims to expand its portfolio of easy-to-use IT asset management and scanning software solutions.

TA Associates, a leading global growth private equity firm, today announced five recent new hires in its Boston and Menlo Park offices. Kevin Schuler and John Triebsch have rejoined the firm as Vice Presidents in Boston and Menlo Park, respectively. Ritika Chandra and Gregory Majno have joined TA as Vice Presidents in Boston, and Eric Zagorski has joined as a Vice President in Menlo Park.

TA Associates, a leading global growth private equity firm, today announced it has completed a majority growth investment in Elos Medtech AB (NASDAQ STOCKHOLM: ELOS B), a leading innovative full-service contract development and manufacturing organization (CDMO) in the global medical device market.

Genstar Capital and TA Associates today announced that they have signed a definitive agreement to merge their portfolio companies, Compusoft, a leading international provider of specialized visual Configure, Price, Quote (“vCPQ”) software to key retail and manufacturing industries, and 2020 Technologies (“2020”), a leading provider of specialized computer-aided design (“CAD”), configure, price, quote (“CPQ”) and enterprise solutions dedicated to interior design, space planning and furniture manufacturing industries. The transaction is expected to be completed in the second half of 2021.

Stackline, a Seattle-based technology company that builds subscription-based ecommerce tools for thousands of the largest consumer brands and retailers, today announced that it has received a $130 million strategic investment from TA Associates, a leading global growth private equity firm. TA’s investment comes on the heels of a $50 million investment from the Growth Equity team within Goldman Sachs Asset Management (“Goldman Sachs”) in November 2020. Stackline will utilize TA’s capital to continue growing the company’s product offerings and expanding its global footprint.

TA Associates, a leading global growth private equity firm, today announced the completion of its fundraising for TA XIV with total commitments at the hard cap of $12.5 billion. TA XIV was launched in January 2021 and quickly became significantly oversubscribed, with demand exceeding its original $10.5 billion target. In addition, TA announced the closing of TA Select Opportunities Fund II (“TA Select Opps II”), also launched in January 2021, with total commitments at its hard cap of $1.5 billion.

TA Associates, a leading global growth private equity firm, today announced the sale of its funds’ ownership interest in Mitratech, as part of Mitratech’s sale to Ontario Teachers’ Pension Plan Board at an enterprise value of $1.55 billion. The transaction was completed on May 18, 2021 after all necessary closing conditions were achieved.

TA Associates, a leading global growth private equity firm, announced today that it has completed a majority investment in InCorp Global, a leading corporate services provider in Asia. InCorp’s Chief Executive Officer and Founder, Atin Bhutani, along with the existing management team will continue to lead the business and be shareholders alongside TA. Financial terms of the transaction were not disclosed.

TA Associates, a leading global growth private equity firm, today announced the recent hiring of Ritej Bachhawat as a Vice President in its Mumbai office and as a member of the firm’s Strategic Resource Group.

TA Associates, a leading global growth private equity firm, today announced the sale of its funds’ ownership interest in Exeter Property Group (“Exeter”) to EQT AB (“EQT”). The $1.87 billion sale was completed on April 1, 2021 after all necessary closing conditions were achieved. Upon closing, Exeter and EQT’s real estate businesses have combined as EQT Exeter.