Profile

TA Associates (“TA”) is a leading global private equity firm focused on scaling growth in profitable companies. Since 1968, TA has invested in more than 560 companies across its five target industries—technology, healthcare, financial services, consumer and business services. Leveraging its deep industry expertise and strategic resources, TA collaborates with management teams worldwide to help high-quality companies deliver lasting value. The firm has raised $65 billion in capital to date and has over 150 investment professionals across offices in Boston, Menlo Park, Austin, London, Mumbai and Hong Kong.

Awards

2023 Top Growth Equity Firms

2023 Top 40 Under 40 Growth Investors, Jessica Gilligan

2023 Top Software Investors, Hythem El-Nazer, Ashu Agrawal, Mike Libert

2023 Top Private Equity Firms

2023 Top Women Leaders in Growth Investing, Jessica Gilligan, Amara Suebsaeng

2022 The Top 25 Growth Equity Firms

2022 Top 40 Under 40 Growth Investors, Amara Suebsaeng, Mike Libert

2022 Top 25 Software Investors, Hythem El-Nazer, Mike Libert

2022 Top 25 Private Equity Firms

2022 Top Women in Growth Investing, Amara Suebsaeng

2021 Top 25 Growth Equity Firms

2021 Top 25 Software Investors, Hythem El-Nazer

2021 Top 25 Private Equity Firms for Growth Companies

2020 Top 25 Growth Equity Firms

2020 Top 40 Under 40 Growth Investors, Amara Suebsaeng

2020 Top 25 Software Investors, Hythem El-Nazer

2019 Top 25 Business Services Investors, M. Roy Burns

2019 Top 25 Software Investors, Hythem El-Nazer

2016 Top 40 Under 40 Growth Investors, Jason Werlin

2015 Top 40 Under 40 Growth Investors, Roy Burns

2014 Top 40 Under 40 Growth Investors, Roy Burns

2013 Top 15 Growth Equity Investors

Key People

Brian J. Conway, Chairman

Brian is Chairman of TA’s Executive and Management Committees. He joined TA in 1984, became a Managing Director in 1989, Chairman in 2014 and Co-Managing Partner in 2017. Brian has been actively involved in more than 100 closed growth company investments for TA, as a sponsor and as a member of the company-specific Investment Committee. His prior Board work includes 10 publicly-held companies and numerous private companies. Brian received a BA, magna cum laude, in economics and English from Amherst College and an MBA from the Stanford Graduate School of Business.

Ajit Nedungadi, Chief Executive Officer

Ajit guides TA’s investment strategy and is responsible for firm management. He began his career at TA in 1999, became a Managing Partner in 2017 and was named CEO in 2021. Throughout his time at TA he has sponsored 28 investments, totaling over $3.5 billion of invested capital. Ajit chairs TA’s Core Investment Committee and is a member of the Executive, Management, Portfolio and Core Debt Investment Committees. He received a BS in electrical engineering and economics, magna cum laude, Phi Beta Kappa, from Yale University and an MBA as a Baker Scholar from the Harvard Business School.

Hythem El-Nazer, Managing Director, Co-Head of North America Technology Group

Hythem is a member of TA’s Executive, Management, Core Investment and Portfolio Committees and is co-head of TA’s North America Technology Group. He has more than 22 years of experience working with and investing in some of the world’s leading technology companies. Since joining TA in 2004, he has been involved in more than 30 platform investments across North America, Europe, India and the Middle East and has enabled more than 300 add-on acquisitions for portfolio companies. Hythem received a General Course degree from the London School of Economics, an AB in economics from Brown University and an MBA from Columbia Business School.

Jason Werlin, Managing Director, Co-Head of North America Technology Group

Jason is co-head of TA’s North America Technology Group and a Member of TA’s Executive, Management and Core Debt Investment Committees. Jason joined TA Associates in 2003 and has been involved in the sourcing or execution of 17 investments at TA. He received a BA, magna cum laude, Phi Beta Kappa, in international studies from Colby College and an MBA from the Stanford Graduate School of Business.

Funds Raised

TA has grown remarkably over the years, supported by a meritocratic culture, which helps drive high sustained retention among its investment professionals and many examples of junior professionals rising to the most senior levels. To date, TA has raised $65 billion in capital. 

In June 2023, TA announced the completion of fundraising for its latest flagship fund, TA XV, with total commitments at its hard cap of $16.5 billion. Launched in late November 2022, TA XV was oversubscribed and quickly exceeded its initial target size of $15 billion.

CEO Reviews

John Rante, Executive Chairman of BluePay

“TA has been instrumental in helping our team take BluePay to the next level. We’ve built a world-class board of directors, recruited top-notch senior executives and closed four acquisitions, all while accelerating our organic growth rate. Roy Burns and Roger Kafker have worked collaboratively with BluePay to build value for all of our stakeholders.”

Pierre-Jean Beylier, CEO of Speedcast

“Despite owning a controlling share, TA has always approached our relationship as a partner, not an ‘owner’, allowing us to run the business day-to-day. Since partnering with TA, Ed Sippel, Michael Berk and Tony Marsh have helped us complete 11 acquisitions, five debt deals, and an IPO.”

Chris Bayne, Chief Executive Officer of The Access Group

“Morgan Seigler and Ajit Nedungadi have helped drive and support our growth in a number of ways, including identifying and recruiting an outstanding team, executing on multiple accretive acquisitions and strategically improving operations.”