27:
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1617:
1597:
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36:
1627:
1607:
284:
As the 1980s developed, TA found itself increasingly investing larger amounts in more mature, profitable companies as opposed to the small early stage investments in start-up companies that had characterized the firm's first decade and a half. By the mid-1980s, TA was no longer describing itself as
260:
The firm expanded significantly through the 1970s growing from $ 5 million of capital in 1969 to $ 125 million by the beginning of the 1980s, making TA the largest independent venture capital firm in a 1980 ranking. Through the 1970s, the firm's investments averaged 30% to 40% annually. Among the
292:
Much of this evolution from a regional venture capital investor to global growth private equity firm has been credited to C. Kevin Landry. Landry began his career with TA in 1968, became a
General Partner in 1972, Managing Partner in 1982, CEO in 1984 upon the firm's incorporation, and Chairman in
245:, an investment banking and brokerage firm. Prior to founding TA, from 1963 to 1968, Brooke had headed the corporate finance and venture capital activities of Tucker Anthony. Previously, Brooke had been responsible for expanding the private equity activities of
311:
donors to the 2012 Mitt Romney presidential campaign. Landry told the Boston Globe the Dodd-Frank legislation costs TA more than $ 600,000 a year in compliance-related costs which would be better spent supporting job growth fueled by private equity firms such as
323:
worth $ 1.77 billion for
Millennium Health LLC. Most of the loan – $ 1.27 billion – was channelled back to TA Associates and others, who used it to hand out special dividends. Shortly thereafter, Millennium Health LLC declared bankruptcy.
331:
Ajit
Nedungadi, a managing partner who first joined TA in 1999, became CEO of the company in January 2021. On 8 February 2021, TA Associates-owned British digital auction platform Auction Technology Group (ATG), chaired by
285:
a "venture capital firm", instead using the more general "private equity" description. By the early 1990s, the firm found itself rarely investing in early stage start-up companies, focusing primarily on later-stage
303:
In 2012, certain members of TA Associates leadership, independent of the firm, began financially supporting various conservative political action groups backing candidates in favor of repealing the
981:
273:. Jacqui Morby, one of the first women to become a partner at a venture capital firm, secured TA's earliest investments in software companies, including Digital Research as well as
1517:
304:
1701:
1095:
649:
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in 2006, marking TA's first investment in Asia. TA opened an office in Mumbai in 2009 and one in Hong Kong in 2011, expanding its presence in the Asia
Pacific region.
1676:
198:
TA Associates has raised $ 47.5 billion of capital since inception. Since its founding, the firm has invested in more than 560 companies, and been ranked among the
728:
1590:
195:
of profitable growth companies. TA invests across five industry groups: technology, healthcare, consumer products, financial services and business services.
1681:
809:
1088:
605:
328:, the creditor, subsequently, and unsuccessfully, filed a racketeering lawsuit against TA Associates and Millennium Health founder James Slattery.
910:
701:
296:
TA Associate's global expansion continued in the 2000s. In 2003, it opened its London office. TA purchased a minority stake in Indian company
293:
2007. After retiring in 2012, he remained actively involved in the firm and was serving as a Senior
Advisor at the time of his death in 2013.
1696:
1164:
1008:
1691:
1650:
1081:
344:
in March 2021. The listing was expected to value ATG at ÂŁ600 million, and the firm said it was hoping to raise ÂŁ250 million through the
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and was one of the early modern-era private equity firms in the United States. The firm leads buyouts and minority
308:
1172:
1149:
543:
1620:
1362:
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1600:
250:
1610:
1367:
430:
199:
559:
Alpha Girls: The Women
Upstarts who Took on Silicon Valley's Male Culture and Made the Deals of a Lifetime
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1177:
242:
402:
1244:
238:
90:
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1342:
1302:
1249:
675:
1640:
1557:
1552:
982:"London Stock Exchange welcomes Auction Technology Group to the Premium Segment of the Main Market"
515:
360:
firms, there are many successful investment firms that trace their lineage back to TA Associates.
1537:
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384:
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149:
847:
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104:
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publicly claiming it was "government regulation run amok." Landry was among of the leading
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8:
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100:
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563:
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1041:
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1459:
1444:
1424:
1312:
297:
214:
1572:
1497:
1469:
1414:
1307:
937:"TA Associates elevates insider to CEO, appoints MDs in slew of promotions"
313:
891:
491:"Private equity powerhouse TA Associates picks Austin for third US office"
26:
1357:
1522:
1292:
333:
348:. ATG began trading on the London Stock Exchange on 23 February 2021.
266:
226:
35:
911:"TA names Ajit Nedungadi CEO as part of string of global promotions"
472:
253:. At the time it was founded, the firm focused primarily on making
848:"'The Big Wink:' How $ 1.8 billion loan boosted company's founder"
562:(First ed.). New York: Penguin Random House. pp. 70–71.
229:. As of July 2022, TA had more than 110 investment professionals.
606:"Kevin Landry, Former CEO of TA Associates, Dies of Cancer at 69"
1122:
262:
222:
218:
379:"TA Associates Preps Roughly $ 11 Billion Flagship Fund Pitch"
892:"Del. Judge Backs Releases In Millennium Lab Holdings Ch. 11"
305:
Dodd–Frank Wall Street Reform and
Consumer Protection Act
822:
Tea Party super PAC pours funds into congressional races
431:
A Short (Sometimes
Profitable) History of Private Equity
448:"Specialist Managers Gain Traction With Fund Investors"
1103:
1066:
249:
and had founded the High
Technology Lending Group of
1009:"How London became 2021's hub for hot new tech IPOs"
1702:
962:"ATG confirms plans to float in London next month"
676:"TA Associates invests in Indian wireless company"
650:"Idea sells 24% stake to private equity investors"
1677:Financial services companies established in 1968
1663:
376:Singh, Preeti; Cooper, Laura (11 January 2021).
173:
760:"TA continues India spree by backing BillDesk"
1089:
539:
537:
261:firm's notable investments of the 1970s were
1591:Private equity and venture capital investors
810:Mitt Romney mum on how to regulate big banks
375:
1626:
1606:
1563:Taxation of private equity and hedge funds
1380:Private investment in public equity (PIPE)
1096:
1082:
889:
783:
534:
484:
482:
397:
395:
34:
1682:Private equity firms of the United States
864:
757:
319:In 2014, TA Associates helped organize a
908:
488:
433:, Wall Street Journal, January 17, 2012.
257:investments in earlier stage companies.
909:Mendonça, Elisângela (5 January 2021).
729:"TA Associates hires director in India"
726:
555:
479:
441:
439:
392:
289:investments in more mature businesses.
1664:
1006:
934:
786:"TA Associates opens Hong Kong office"
622:
1077:
845:
727:Winfrey, Graham (14 September 2010).
445:
241:with the backing of his former firm,
237:TA Associates was founded in 1968 by
1697:1968 establishments in Massachusetts
436:
410:Investment Adviser Public Disclosure
265:, Artificial Intelligence Software,
13:
1692:Mezzanine capital investment firms
546:. New York Times, August 31, 1981
340:, announced plans to float in the
14:
1713:
1058:
935:Parmar, Beena (12 January 2021).
836:, Boston Globe, January 11, 2012.
834:Romney foes put Bain on defensive
351:
1646:
1645:
1636:
1635:
1625:
1616:
1615:
1605:
1596:
1595:
1586:
1585:
758:Burroughs, Tim (18 April 2012).
25:
1026:
1007:Mellor, Sophie (31 July 2021).
1000:
974:
954:
928:
902:
890:Montgomery, Jeff (2018-09-24).
883:
858:
839:
827:
815:
803:
784:McLaughlin, Tim (24 May 2011).
777:
751:
720:
694:
668:
642:
616:
598:
583:
446:Singh, Preeti (25 March 2022).
200:50 largest private equity firms
1363:Publicly traded private equity
1034:"THE THRILL OF DEFEAT IN 1999"
869:. PublicAffairs. p. 146.
625:"TA Associates to buy Jupiter"
623:Meikle, Brad (15 March 2007).
549:
508:
489:Christen, Mike (7 July 2022).
465:
424:
412:. 29 August 2022. pp. 8–9
369:
202:(ranked 27 in 2022) globally.
20:TA Associates Management, L.P.
1:
1631:List of venture capital firms
824:, Boston Globe, June 6, 2012.
702:"25% in Idea sold for $ 550m"
544:Venture Capitalists' New Role
363:
251:First National Bank of Boston
209:, with additional offices in
205:The firm is headquartered in
1611:List of private equity firms
1368:Business Development Company
1040:. 2001-02-05. Archived from
812:, Boston Globe, May 2, 2012.
733:Private Equity International
520:Private Equity International
243:Tucker, Anthony & RL Day
16:American private equity firm
7:
865:Mazzucato, Mariana (2020).
516:"PEI 300 2022 full ranking"
74:; 56 years ago
10:
1718:
1455:High-net-worth individuals
1245:Leveraged recapitalization
326:Voya Investment Management
232:
120:Brian J. Conway (Chairman)
1687:Companies based in Boston
1581:
1478:
1397:
1343:Limited liability company
1321:
1303:Venture capital financing
1258:
1250:Dividend recapitalization
1215:
1206:
1163:
1115:
846:Beall, Pat (2016-01-12).
168:
158:
148:
130:
111:
96:
86:
68:
58:
48:
33:
24:
556:Guthrie, Julian (2019).
403:"TA Associates Form ADV"
1410:Institutional investors
867:The Value of Everything
790:Boston Business Journal
680:Boston Business Journal
495:Austin Business Journal
385:The Wall Street Journal
356:As one of the earliest
1548:Liquidation preference
1513:Distribution waterfall
1465:Sovereign wealth funds
154:$ 45.03 billion (2022)
1621:Venture capital firms
1373:Venture capital trust
986:London Stock Exchange
342:London Stock Exchange
279:McCormack & Dodge
207:Boston, Massachusetts
105:Boston, Massachusetts
1601:Private equity firms
1329:Private equity firms
1278:Post-money valuation
1155:Equity co-investment
123:Ajit Nedungadi (CEO)
40:Headquarters at the
1651:Portfolio companies
1568:Undercapitalization
1420:Insurance companies
1338:Limited partnership
1283:Pre-money valuation
915:Private Equity News
852:The Palm Beach Post
739:on 26 November 2020
452:Wall Street Journal
316:and TA Associates.
247:Bessemer Securities
189:private equity firm
160:Number of employees
53:Limited Partnership
21:
1503:Capital commitment
1273:Business incubator
1240:Buy–sell agreement
988:. 23 February 2021
970:. 8 February 2021.
706:The Times of India
654:The Economic Times
101:John Hancock Tower
42:John Hancock Tower
19:
1659:
1658:
1508:Capital structure
1393:
1392:
1235:Divisional buyout
1230:Management buyout
1225:Financial sponsor
708:. 28 October 2006
682:. 27 October 2006
656:. 29 October 2006
193:recapitalizations
187:, is an American
182:
181:
143:Recapitalizations
139:Leveraged buyouts
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1638:
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1608:
1599:
1598:
1589:
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1450:Commercial banks
1440:Investment banks
1348:Carried interest
1213:
1212:
1116:Investment types
1098:
1091:
1084:
1075:
1074:
1070:
1069:
1067:Official website
1053:
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1030:
1024:
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978:
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967:Evening Standard
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800:
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749:
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735:. Archived from
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271:Digital Research
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38:
29:
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18:
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1655:
1641:Angel investors
1577:
1528:High-yield debt
1481:financial terms
1480:
1474:
1389:
1317:
1298:Startup company
1254:
1208:
1202:
1159:
1111:
1109:venture capital
1102:
1065:
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648:
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599:
589:Gupta, Udayan.
588:
584:
574:
572:
570:
554:
550:
542:
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444:
437:
429:
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393:
374:
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358:venture capital
354:
321:syndicated loan
255:venture capital
235:
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126:
114:
103:
78:
76:
73:
44:
17:
12:
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5:
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1460:Family offices
1457:
1452:
1447:
1445:Merchant banks
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1422:
1417:
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1407:
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1375:
1370:
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1355:
1353:Management fee
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1345:
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1335:
1325:
1323:
1319:
1318:
1316:
1315:
1310:
1305:
1300:
1295:
1290:
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1268:Angel investor
1264:
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1105:Private equity
1101:
1100:
1093:
1086:
1078:
1072:
1071:
1060:
1059:External links
1057:
1055:
1054:
1025:
999:
973:
953:
927:
901:
882:
876:978-1541758247
875:
857:
838:
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719:
693:
667:
641:
615:
612:. August 2013.
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582:
568:
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533:
507:
478:
464:
435:
423:
391:
367:
365:
362:
353:
352:Spin-out firms
350:
338:Breon Corcoran
287:growth capital
281:, and others.
234:
231:
180:
179:
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166:
165:
162:
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135:Growth capital
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63:Private Equity
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1672:TA Associates
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1415:Pension funds
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1313:Venture round
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1173:Early history
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1080:
1079:
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1068:
1063:
1062:
1044:on 2017-02-02
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987:
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569:9780525573920
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1666:Categories
1523:Envy ratio
1430:Endowments
1293:Seed money
1207:Terms and
1048:2017-01-25
592:Done deals
473:"About TA"
364:References
334:WorldRemit
211:Menlo Park
164:193 (2022)
113:Key people
1493:Cap table
1398:Investors
1322:Structure
1140:Mezzanine
1128:Leveraged
1018:30 August
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309:Super PAC
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1543:Leverage
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