Investment Summary

TA Associates Invests In Honan Insurance Group

On May 17, 2020, private equity firm TA Associates invested in insurance company Honan Insurance Group

Investment Highlights
  • This is TA Associates’ 8th transaction in the Insurance sector.
  • This is TA Associates’ 2nd transaction in Australia.

Investment Summary

Date 2020-05-17
Target Honan Insurance Group
Sector Insurance
Investor(s) TA Associates
Deal Type Growth Capital

Target

Honan Insurance Group

Melbourne, Australia
Honan Insurance Group provides a full range of commercial insurance, risk, and financial solutions to businesses across a wide range of industries, including financial institutions, healthcare, professional services, technology, biotech & life science, logistics, construction, food & beverages, and mining & energy. Honan Insurance Group was founded in 1964 and is based in Melbourne, Australia.

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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 304 of 364
Sector (Insurance) 8 of 11
Type (Growth Capital) 111 of 133
Country (Australia) 2 of 3
Year (2020) 6 of 15
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-04-16 Arxan

Bethesda, Maryland, United States

Arxan is a provider of software security solutions. Arxan focuses on solutions that address the vulnerability of software running on a machine that is no longer controlled by the software’s creator. Arxan was founded in 2001 and is based in Bethesda, Maryland.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-06-04 ZoomInfo Technologies

Vancouver, Washington, United States

ZoomInfo Technologies is a go-to-market intelligence platform for sales and marketing teams. ZoomInfo's cloud-based platform provides highly accurate and comprehensive information on the organizations and professionals they target. ZoomInfo Technologies was founded in 2007 and is based in Vancouver, Washington.

Sell -