TA Associates Makes Majority Growth Investment in IGEL

February 15, 2021

TA Associates has signed a definitive agreement to make a majority investment in IGEL, the German provider of an edge OS for cloud workspaces. The transaction brings TA partners onto IGEL's board and aims to accelerate the company's global expansion, go-to-market investments, and channel activation while existing investor C. Melchers retains a significant stake.

Buyers
TA Associates
Targets
IGEL
Industry
Cloud & SaaS
Location
Bremen, Germany
Transaction Type
Buyout

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