TA Associates Makes Strategic Growth Investment in CSI

Centerbridge and Bridgeport Acquire Computer Services, Inc. for $1.6 Billion

November 16, 2022

Cloud & SaaS

Private equity firms Centerbridge Partners and Bridgeport Partners completed an all-cash $1.6 billion acquisition of Computer Services, Inc. (CSI), taking the company private at $58.00 per share and causing its common stock to cease trading on the OTCQX. The deal positions CSI to accelerate investment in cloud, R&D, and expanded fintech/regtech product capabilities to better serve community banks, fintechs and corporate customers.

TA Associates Invests in iCIMS alongside Vista Equity Partners

May 6, 2022

Cloud & SaaS

TA Associates is investing in iCIMS alongside existing investor Vista Equity Partners, with Vista and TA maintaining equal economic ownership in the company. The capital and partnership are intended to accelerate iCIMS' global growth, product development and go-to-market expansion; Susquehanna Growth Equity will remain a shareholder. Financial terms were not disclosed.

TA Associates Makes Strategic Investment in Craigs Investment Partners

December 19, 2024

Financial Services

TA Associates has signed a conditional agreement to make a strategic minority investment in Craigs Investment Partners, a leading New Zealand wealth management firm headquartered in Tauranga. Under the deal Craigs' existing employee and director shareholders will retain 50% ownership; the transaction is subject to regulatory and shareholder approvals and is expected to settle late in Q1 2025 (financial terms not disclosed).

TA Associates Makes Strategic Growth Investment in SER

May 21, 2024

Software

TA Associates has agreed to make a strategic growth investment in SER, the Bonn-based Intelligent Content Automation (ICA) software vendor, with Carlyle remaining an investor. The capital will support SER's international expansion, further AI innovation in its Doxis platform and continued shift to a subscription-first model; the transaction is subject to customary regulatory approvals.

TA Associates Makes Strategic Growth Investment in Ivanti; Clearlake Remains Investor

August 13, 2020

Software

TA Associates has signed a definitive agreement to make a strategic growth investment in Ivanti, joining existing investor Clearlake Capital. The funding will support Ivanti's product innovation, accelerate global and organic growth, and provide capital for continued acquisition activity; management will remain led by CEO Jim Schaper.

Charlesbank Capital Partners Makes Growth Investment in Bridgepointe Technologies

January 11, 2022

IT Services

Charlesbank Capital Partners has made a strategic growth investment in Bridgepointe Technologies, a San Mateo-based IT strategy and advisory firm. Bridgepointe raised more than $100 million in total proceeds to fund partner recruitment and enablement, service and brand expansion, key hires, and future acquisitions.