TA Associates Makes Strategic Investment in Craigs Investment Partners
December 19, 2024
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).
- Buyers
- TA Associates
- Targets
- Craigs Investment Partners
- Sellers
- Craigs' existing employee and director shareholders
- Industry
- Financial Services
- Location
- Bay of Plenty, New Zealand
- Transaction Type
- Growth capital
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