Genstar Capital and TA Associates Invest in insightsoftware

Genstar Capital Invests in AffiniPay; TA Associates Retains Stake as Apax Exits

July 17, 2024

Payments & Fintech

Genstar Capital has agreed to make a significant investment in AffiniPay, a provider of practice management software and embedded payments for legal, accounting, and professional services firms. TA Associates will remain a meaningful investor while funds advised by Apax will fully exit; the capital will be used to extend AffiniPay's product suite and accelerate growth across new products and verticals.

Insight Partners and OA Private Capital Lead Growth Recapitalization of Advantive

September 13, 2023

Software

Advantive, a Tampa-based provider of ERP, MES and SPC software for specialty manufacturing and distribution, announced a growth recapitalization led by Insight Partners and OA Private Capital, with existing investor TA Associates reinvesting. The financing will support Advantive's continued scaling, product and market expansion and execution of strategic initiatives; financial terms were not disclosed.

TA Associates and Insight Partners Invest in Aptean as Vista Equity Exits

October 10, 2022

Cloud & SaaS

Aptean, a provider of industry-specific ERP and supply chain software headquartered in Alpharetta, Georgia, has received a strategic growth investment from Insight Partners and existing investor TA Associates, with TA becoming the lead shareholder. Charlesbank remains a shareholder while Vista Equity Partners fully exited its stake; the investment is intended to accelerate Aptean's cloud SaaS innovation and global expansion.

Hg Makes c.$1bn Strategic Investment in insightsoftware

July 13, 2021

Cloud & SaaS

Hg’s Saturn 2 Fund will make a c.$1bn equity investment in insightsoftware to become a significant minority shareholder alongside TA Associates, in a transaction valuing the business at an enterprise value of around $4.0bn. The investment will support insightsoftware’s continued scale as a cloud financial reporting and EPM platform, with existing minority shareholders Genstar and ST6 remaining supportive and TA and Hg sharing joint control.

Genstar Capital Acquires Majority Stake in Vector Solutions

July 1, 2021

Cloud & SaaS

Genstar Capital acquired a majority ownership stake in Vector Solutions from Golden Gate Capital, with a strategic investment from Insight Partners. Vector Solutions will remain headquartered in Tampa, Florida and led by CEO Marc Scheipe; Genstar plans to support product development and market expansion, including growth via M&A.

TA Associates Makes Strategic Growth Investment in Apex Group

June 17, 2021

Financial Services

TA Associates announced a significant minority growth investment in global financial services provider Apex Group Ltd., alongside existing majority owner Genstar Capital and founder Peter Hughes. The capital will support Apex's continued global expansion and capability-building across fund services, digital banking, custody/depositary and tech-enabled offerings; Apex operates ~47 offices with ~4,500 employees.