M&A Deal Summary

TA Associates Acquires OmniActive Health Technologies

On January 11, 2021, private equity firm TA Associates acquired medical products company OmniActive Health Technologies from Everstone Group

Acquisition Highlights
  • This is TA Associates’ 9th transaction in the Medical Products sector.
  • This is TA Associates’ 14th transaction in India.

M&A Deal Summary
Date 2021-01-11
Target OmniActive Health Technologies
Sector Medical Products
Buyer(s) TA Associates
Sellers(s) Everstone Group
Deal Type Secondary Buyout
Advisor(s) Investec
KPMG Corporate Finance LLC (Financial)
DSK Legal (Legal)

Target

OmniActive Health Technologies

Mumbai, India
OmniActive Health Technologies is a provider of naturally sourced ingredients for eye health, weight management and heart health to global nutraceutical companies that provide food supplements and nutritional fortification. OmniActive Health Technologies was founded in 2005 and is based in Morristown, New Jersey.

Search 200,291 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

TA Associates

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1968
PE ASSETS 65.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

TA Associates is a private equity firm that targets investments in middle-market and large companies around the world. TA will consider control or minority investments in profitable companies and looks to commit between $70 and $500 million per transaction. TA proactively reaches out to companies directly in sourcing potential investment opportunities. Prospective businesses are generally valued between $100 million and $3 billion. Areas of interest include technology, software, communications, financial services, healthcare, business services, semiconductors/electronics, and consumer products/services. In addition to investing equity capital, TA also makes subordinated debt investments. TA's geographic preference is North America, Asia/Pacific, and Europe. TA Associates was formed in 1968 and is based in Boston, Massachusetts.

DEAL STATS #
Overall 316 of 364
Sector (Medical Products) 9 of 10
Type (Secondary Buyout) 51 of 69
Country (India) 14 of 16
Year (2021) 3 of 23
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-06 MRH Trowe

Frankfurt, Germany

MRH Trowe offers comprehensive and specialist expertise in virtually all lines of insurance and employee benefits for industrial and commercial clients, institutions and upscale private clients. MRH Trowe is based in Frankfurt, Germany.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-20 ITRS Group

London, United Kingdom

ITRS Group is an international software vendor to the financial services sector, offering real-time monitoring and analytics software. The company provides solutions to transform masses of business and machine data into actionable insights, supporting better systems and business performance. ITRS serves more than 170 global clients, including 9 out of the top 10 investment banks, as well as exchanges and trading venues, hedge funds, and brokers and vendors. ITRS Group was founded in 1997 and is based in London, United Kingdom.

Sell -

Seller(S) 1

SELLER

Everstone Group

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2006
PE ASSETS 2.0B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Everstone Group is a private equity firm focused on traditional private equity investments as well as real estate transactions. Within private equity, the Firm seeks to invest in businesses focused on domestic consumption as well as companies that are 'enablers of domestic infrastructure'. Everstone is a 'hands on' investor, willing to take an active role in managing investments. Within real estate, Everstone looks for retail, and mixed use developments, as well as industrial warehouses. Everstone Group was formed in 2006 and is based in Singapore.

DEAL STATS #
Overall 7 of 9
Sector (Medical Products) 1 of 1
Type (Secondary Buyout) 3 of 3
Country (India) 5 of 6
Year (2021) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-08 Everise

Plantation, Florida, United States

Everise provides customer service for healthcare, transport, logistics, insurance, financial services, and tech businesses. The Company solves problems for the millions of customers of some of the world’s leading brands, by combining the best technology with compassionate service. Everise was founded in 2016 and is headquartered in Plantation, Florida.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-24 Modern Food Enterprises Pvt.

Gurugram, India

Modern Food was the first branded bread with a full range of white, sweet, health, and wellness breads, as well as value-added bakery products such as rusks, cakes, muffins, buns, pavs, and cream rolls. Modern Food’s bread and bakery products are manufactured and marketed nationally through a network of seven manufacturing plants and more than 80,000 outlets. Modern Food was formed in 1965 and is based in Gurugram, India.

Sell -
Mergr

Product

Company

Legal