Investment Summary

TA Associates Invests In Fisher Funds

On August 3, 2017, private equity firm TA Associates invested in financial services company Fisher Funds

Investment Highlights
  • This is TA Associates’ 42nd transaction in the Financial Services sector.
  • This is TA Associates’ 1st transaction in New Zealand.

Investment Summary

Date 2017-08-03
Target Fisher Funds
Sector Financial Services
Investor(s) TA Associates
Deal Type Stake Purchase

Target

Fisher Funds

Auckland, New Zealand
Fisher Funds is a specialist investment manager, serving clients across the KiwiSaver, retail, pension and wholesale markets in New Zealand. The Company manages investment strategies in New Zealand, Australian and international equities, as well as fixed income and blended portfolios. Fisher Funds is based in Auckland, New Zealand.

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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 269 of 374
Sector: Financial Services M&A 42 of 51
Type: Stake Purchase M&A Deals 23 of 39
Country: New Zealand M&A 1 of 1
Year: 2017 M&A 18 of 23
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-26 InspirED

London, United Kingdom

InspirED provides a fresh and contemporary approach to education by re-evaluating traditional teaching methods and curriculums and creating a more dynamic, relevant and powerful model reflecting current attitudes. InspirED was founded in 1996 and is based in London, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-08-04 Byggfakta Group

Ljusdal, Sweden

Byggfakta Group is a provider of business intelligence and data analytics services essential in the generation of sales leads within the construction, real estate and healthcare markets across the Nordic region. Byggfakta Group was established in 1936 and is based in Ljusdal, Sweden.

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