Investment Summary

TA Associates Invests In BetaShares

On March 7, 2021, private equity firm TA Associates invested in financial services company BetaShares

Investment Highlights
  • This is TA Associates’ 46th transaction in the Financial Services sector.
  • This is TA Associates’ 3rd transaction in Australia.

Investment Summary

Date 2021-03-07
Target BetaShares
Sector Financial Services
Investor(s) TA Associates
Deal Type Growth Capital

Target

BetaShares

Sydney, Australia
BetaShares develops, launches, and manages ETFs that are traded on the Australian Securities Exchange (“ASX”). BetaShares offers a diverse range of ETFs, with funds covering Australian and international shares, fixed income, cash, currencies, commodities, and alternative strategies. BetaShares was formed in 2009 and is based in Sydney.

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Investor(S) 1

Investor

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 323 of 374
Sector: Financial Services M&A 46 of 51
Type: Growth Capital M&A Deals 118 of 135
Country: Australia M&A 3 of 4
Year: 2021 M&A 9 of 22
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-03 Precisely

Burlington, Massachusetts, United States

Precisely is a provider of data integrity software. The Company provides accuracy, consistency, and context in data for 12,000 customers in more than 100 countries. Precisely’s data integration, data quality, data governance, location intelligence, and data enrichment products power better business decisions to create better outcomes. Precisely is based in Burlington, Massachusetts.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-17 StorageCraft

Draper, Utah, United States

StorageCraft provides backup, disaster recovery, system migration, virtualization and data protection solutions for servers, desktops and laptops on Windows and Linux platforms. The company’s integrated product suite is designed to reduce downtime, improve management and stability of systems and data, and lower the total cost of system ownership in both physical and virtual environments. StorageCraft was founded in 2003 and is based in Draper, Utah.

Sell -