TA Associates acquires equity in Flexera, will partner with Ontario Teachers’


U.S. private equity firm TA Associates has closed its previously announced investment in Itasca, Illinois-based Flexera, a software supply chain company, according to a blog post on the latter’s site. No financial terms were disclosed. Ontario Teachers’ Pension Plan, which acquired a majority stake in Flexera from U.S. private equity firm Thoma Bravo in 2011, will be working in partnership with TA Associates to continue to grow Flexera.

 

Do you want exclusive news and analysis about private equity deals, fundraising, top-quartile managers and more? Get your FREE trial to Buyouts! Or subscribe now!