Ontario Teachers' Acquires Mitratech (TA Associates Sells Stake)

May 18, 2021

Ontario Teachers' Pension Plan Board agreed to acquire a majority stake in Mitratech, a provider of legal, risk and compliance software, with TA Associates selling its funds' ownership interest. Hg will retain a minority interest; the transaction was completed May 18, 2021 at an enterprise value reported at $1.55 billion and is intended to support Mitratech's continued portfolio and capability expansion.

Targets
Mitratech
Sellers
TA Associates
Industry
Software
Location
Texas, United States
Transaction Type
Buyout

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