TA Associates Management, L.P. is an American private equity firm and was one of the early modern-era private equity firms in the United States. The firm leads buyouts and minority recapitalizations of profitable growth companies. TA invests across five industry groups: technology, healthcare, consumer products, financial services and business services.
TA Associates has acquired a strategic stake in smartTrade Technologies, a company specializing in multi-asset electronic trading and payments platforms. David Vincent, the CEO and Co-Founder of smartTrade, along with the management team, is also participating in this investment.
SmartTrade, headquartered in Aix-en-Provence, France, operates additional offices in major cities including London, Paris, Geneva, New York, Toronto, Tokyo, and Singapore. The company provides secure and cost-effective end-to-end SaaS solutions aimed at enhancing growth in electronic trading and payments.
The investment from TA Associates is expected to support smartTrade's ongoing innovation, geographic expansion, and scalable growth, particularly focusing on AI-driven solutions and flexible deployment options.
As part of this transaction, Hg, a significant investor in European and transatlantic software and services, will completely exit its majority stake in smartTrade. The completion of the deal is subject to standard workers’ council consultations as per applicable laws.
Financial details of the acquisition have not been disclosed. Arma Partners advised smartTrade, while Houlihan Lokey and Deutsche Bank provided advisory services to TA Associates.
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