Talk:TA Associates

COI edit requests
Hi! I have a COI: TA Associates is a client of my employer, Porter Novelli. I have some edit requests for this article. I've also created a mockup of what the requests would look like implemented, with changes struck through/highlighted. Also, the article currently mixes references to "TA Associates" and "TA"; I changed all references after the first to "TA" for simplicity.

Lead

 * ✅ Add to "Key people" in infobox: "Ajit Nedungadi, CEO"
 * ✅ Also in infobox, update
 * num_employees = 126
 * to
 * num_employees = 181
 * num_employees_year = 2021


 * ✅ Update AUM in infobox from "$47.5 billion " to "$45.2 billion ".
 * ✅ Update
 * TA Associates has invested across a range of industries, including technology, healthcare, consumer products, financial services and business services.
 * to
 * TA invests across five industry groups: technology, healthcare, consumer products, financial services and business services.


 * ✅ Update
 * Since its founding, the firm has been a lead investor and director in more than 500 companies,
 * to
 * Since its founding, the firm has invested in more than 560 companies,


 * ✅ Update
 * ranked among the 50 largest private equity firms (ranked 41 in 2014) globally.
 * to
 * ranked among the 50 largest private equity firms (ranked 27 in 2022) globally.


 * ✅ Update
 * The firm is headquartered in Boston, Massachusetts. As of January 1, 2015, TA had more than 130 employees, including 80 investment professionals in Boston, Menlo Park, London, Bengaluru, Mumbai and Hong Kong.
 * to
 * The firm is headquartered in Boston, Massachusetts, with additional offices in Menlo Park, Austin, London, Mumbai and Hong Kong. As of July 2022, TA had more than 110 investment professionals.

✅. Note that a more recent Form ADV is available (same link), so I've updated the employee count and AUM based off of it. I've also added a citation for the CEO addition to the infobox. Thanks, Ptrnext (talk) 01:21, 8 September 2022 (UTC)
 * Thanks for your help! CEO citation is also in the requests for the body of the article. Mary Gaulke (talk) 15:16, 8 September 2022 (UTC)

History

 * Add after "Through the 1970s, the firm's investments averaged 30% to 40% annually. Among the firm's notable investments of the 1970s were Biogen, Artificial Intelligence Software, Immunogen and Digital Research.":
 * 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 Capex, McCormack & Dodge, and others.


 * Add before "In 2012,":
 * TA co-led first-round funding for McAfee, valuing the company at $20 million a year before McAfee's 1992 initial public offering (IPO) raised $42 million. In 1999, TA invested $75 million in Datek Online Holdings (now part of TD Ameritrade ). In 2001, TA invested $59 million in Asurion. TA and Friedman Fleischer & Lowe acquired Tempur World, now Tempur-Pedic, in 2002, with TA investing $130 million. Also in 2002, TA paid $60 million to purchase a minority stake in Sophos, which it sold to Apax Partners in 2010.


 * TA opened its office in London in 2003. That same year, the firm purchased a minority stake in UK-based GlobeOp Financial Services for $82 million ahead of GlobeOp's IPO on the London Stock Exchange in 2007. TA invested in Intercontinental Exchange in 2004, a year before Intercontinental Exchange's IPO multiplied the investment by seven. In 2006, TA purchased a minority stake in Indian company Idea Cellular, marking TA's first investment in Asia; TA exited the investment in 2011, after Idea's IPO. TA supported a management buyout at Jupiter Fund Management in 2007, joining management in buying the company from Commerzbank for more than €1 billion. During Jupiter's IPO in 2010, TA increased its stake in the company to 22.3 percent. When Jupiter acquired TA-owned Merian Global in February 2020, TA's stake became 16 percent.


 * TA opened an office in Mumbai in 2009 and one in Hong Kong in 2011, expanding its presence in the Asia Pacific region.


 * Add before "In 2014,":
 * TA bought Hong Kong-based Speedcast in 2012 for $32.2 million and sold its stake for $170 million in a block trade via Macquarie in 2018.


 * Add before "On 8 February 2021,":
 * In 2014, TA purchased a majority stake in SkinnyPop for $320 million and brought its parent fund, Amplify Snack Brands, to an IPO the next year. Also in 2014, TA invested $90 million in ZoomInfo, an investment that had a value of $6.12 billion when ZoomInfo had its IPO in June 2020. TA purchased the asset management arm of Russell Investments, a Seattle-based firm, in 2015 for $1.15 billion.  TA acquired a majority interest in Access Technology Group (now The Access Group) in January 2015; as of 2022, it had become one of the largest software companies headquartered in the UK.  In 2018, TA and consulting firm ST6 formed software company Insightsoftware; in 2021, Insightsoftware received a $1 billion investment from Hg, giving Hg joint control of Insightsoftware with TA.


 * Ajit Nedungadi, a managing partner who first joined TA in 1999, became CEO of the company in January 2021.


 * Update
 * The listing is expected to value ATG at £600 million, and the firm said it is hoping to raise £250 million through the IPO.
 * to
 * The listing was expected to value ATG at £600 million, and the firm said it hoped to raise £250 million through the IPO. ATG began trading on the London Stock Exchange on 23 February 2021. TA purchased Netherlands-based software company Unit4 in March 2021 for $2 billion.
 * TA raised $12.5 billion for its 14th flagship fund, TA XIV, in June 2021.
 * In 2019, the firm completed fundraising of $1 billion for TA Select Opportunities Fund I, followed by $1.5 billion in 2021 for TA Select Opportunities Fund II. Through the Select Opportunities Funds, TA invests in portfolio companies held by the firm’s main funds. This is part of a broader trend of private equity firms finding ways to increase hold periods on strong investments.


 * Finally, I think this section would benefit from being broken out into subsections. I've proposed what this could look like in my mockup.

Thanks for your time and feedback! Mary Gaulke (talk) 15:44, 1 September 2022 (UTC)


 * Yellow check.svg Partly done: I have added the pieces of history I think are uncontroversial and notable. Most of the information seems too granular to be encyclopedic, though you are welcome to open more specific discussions for changes you think are important. GiovanniSidwell (talk) 18:50, 6 March 2023 (UTC)