Private equity firm TA Associates has added Ashutosh Agrawal as a principal in its Menlo Park, Calif., offices, focusing on investments in technology-based companies. Agrawal joins TA from Francisco Partners where he was a principal covering industrial technology, energy technology and vertically-oriented technology sectors. He joined Francisco Partners in 2001. TA Associates manages more than $16 billion in capital, and has offices in Boston, Menlo Park, London and Mumbai.
TA Associates, a leading growth private equity firm, today announced that Ashutosh Agrawal has joined the Menlo Park office of TA Associates as a Principal. Mr. Agrawal will focus on investments in technology-based companies.
Mr. Agrawal joins TA from Francisco Partners where as a Principal he most recently led coverage of industrial technology, energy technology and vertically-oriented technology sectors. He joined Francisco Partners in 2001 and during his tenure at the firm, spent time with companies in all sub-sectors of information technology, including software, systems, semiconductor, information services and telecommunications. Mr. Agrawal’s responsibilities included sourcing, investment thesis development and diligence, deal structuring and negotiations, as well as portfolio company management and exit planning. Prior to joining Francisco Partners, he worked in the Leveraged Finance group at Goldman, Sachs & Co., where he was involved in structuring and execution of leveraged loan, high-yield bond, bridge loan and mezzanine financing transactions for companies. Mr. Agrawal received a BS, summa cum laude, in Computer Science and an M.Eng in Operations Research and Industrial Engineering from Cornell University in 1999. He received an MBA from Harvard Business School in 2005, where he was a Baker Scholar.
“We are pleased to welcome Ashu to TA,” said Kurt Jaggers, Managing Director at TA Associates and head of the Technology Group in the Menlo Park office. “He brings significant experience in all aspects of dealmaking and industry expertise that will prove valuable in sourcing and completing a variety of investments in technology-based growth companies.”
About TA Associates
Founded in 1968, TA Associates is one of the largest and most experienced middle-market growth private equity firms. The firm has invested in over 400 companies and manages more than $16 billion in capital. With offices in Boston, Menlo Park, London and Mumbai, TA Associates leads buyouts and minority recapitalizations of profitable growth companies in the technology, financial services, business services, healthcare and consumer industries. More information about TA Associates can be found at www.ta.com.