TA Associates Hires Edward Sippel to Lead New Hong Kong Office

Private equity firm TA Associates today announced it will establish operations in the Asia Pacific region. It has hired Edward F. Sippel as Managing Principal – Asia Pacific to open and lead a new office in Hong Kong. TA also announced that it has hired Jason Tan, who will serve as Director of China and report to Sippel.

PRESS RELEASE

TA Associates to Establish Hong Kong Office; Industry Veteran Edward Sippel to Lead Asia Pacific Operation

Jason Tan Also Joins Firm to Support Investing Efforts in China

BOSTON and HONG KONG, May 23, 2011 – TA Associates, a leading growth private equity firm, today announced it will establish operations in the Asia Pacific region with the opening of an office in Hong Kong. Edward F. Sippel has joined the firm as Managing Principal – Asia Pacific to open and lead the Hong Kong office. Also joining TA is Jason Tan, who will serve as Director of China, reporting to Mr. Sippel.

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 has raised more than $16 billion in capital. With offices in Boston, Menlo Park, London, Mumbai and Hong Kong, TA Associates leads buyouts and minority recapitalizations of profitable growth companies in the technology, financial services, business services, healthcare and consumer industries. TA’s operations in London, Mumbai and Hong Kong are conducted by TA Associates Ltd., TA Associates Advisory Pvt. Ltd., and TA Associates Asia Pacific Ltd., respectively, which provide advisory services to TA Associates. More information about TA Associates can be found at www.ta.com.