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Date Sep 11, 2014
Source TA

TA Associates Announces Hire in Mumbai Office

BOSTON and MUMBAI - TA Associates, a leading global growth private equity firm, today announced that Naresh Patwari has joined the Mumbai office of TA Associates Advisory Pvt. Ltd. as a Director effective September 1.

Mr. Patwari will focus on investments in growth companies in India and other emerging markets.

Mr. Patwari joined TA Associates from ICICI Venture where he served as a Principal, and previously as a Vice President, leading deal sourcing, due diligence, transaction execution and portfolio management for investments in the consumer/retail, media, healthcare and energy sectors. He was previously an Engagement Manager at McKinsey & Company where he advised senior management and strategic and financial investors on topics such as portfolio mix, growth strategy, M&A, operating model, strategic planning and incentives. He began his professional career as an engineer at Schlumberger Limited. Mr. Patwari received a BTech, with honors, in Mechanical Engineering from the Indian Institute of Technology, and an MBA from The Amos Tuck School of Business at Dartmouth College, as an Edward Tuck Scholar with Distinction.

“We are very pleased to welcome Naresh to TA Associates,” said Naveen Wadhera, Co-Head of Asia at TA Associates Asia Pacific Ltd. “Naresh brings notable experience within a number of TA’s focus industries, sourcing investments and helping companies grow. We are confident Naresh will prove a valuable member of our team in the Asia Pacific region.”

“Naresh is well-versed in all aspects of the Indian private equity market,” said Dhiraj Poddar, Co-Head of India at TA Associates Advisory Pvt. Ltd. “Naresh will play a pivotal role in advising TA on prospective investments in profitable growth companies across the array of industries in which TA focuses. We look forward to leveraging his experience in the Mumbai office.”

About TA Associates
TA Associates is one of the largest and most experienced global growth private equity firms. The firm has invested in more than 440 companies around the world and has raised $18 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. More information about TA Associates can be found at www.ta.com.