TA Announces New Office in Austin, Texas
BOSTON and AUSTIN – TA, a leading global growth private equity firm, announced today the opening of a new office in Austin, Texas, a major hub for innovative, high-growth companies, entrepreneurs and skilled talent.
Roy Burns, a Managing Director and co-head of TA’s North America financial services team, will lead the new location, alongside several colleagues who have also relocated to Austin.
Since 1968, TA has invested in more than 560 companies globally across its five industries of focus – technology, financial services, healthcare, consumer and business services – collaboratively partnering with management teams to scale high-quality growth companies into market leaders with enduring value. TA’s choice of Austin underscores the opportunity to invest in a dynamic region of the U.S. and further develop the firm’s presence in Southwest, Southeast and Midwest markets.
Burns, who first joined TA in 2001, said, “Over the last decade, Austin has emerged as a thriving, high-energy city due to its encouragement of entrepreneurship and commerce, coupled with the can-do spirit of its business leaders. We believe that TA’s approach of partnering collaboratively with founders and management teams, while providing strategic advice, operating capabilities and keen industry expertise, will strongly resonate. We are thrilled to join Austin’s dynamic community as an investor in high-quality, growing and profitable companies.”
Austin is TA’s third location in the U.S., alongside Boston and Menlo Park. Outside of the U.S., TA has offices in London, Mumbai and Hong Kong. The Austin office is located at 515 Congress Avenue.
TA is a leading global growth private equity firm. Focused on targeted sectors within five industries – technology, healthcare, financial services, consumer, and business services – the firm invests in profitable, growing companies with opportunities for sustained growth and has invested in more than 560 companies around the world. Investing as either a majority or minority investor, TA employs a long-term approach, utilizing its strategic resources to help management teams build lasting value in high quality growth companies. TA has raised $47.5 billion in capital since its founding in 1968. The firm’s more than 110 investment professionals are based in Boston, Menlo Park, Austin, London, Mumbai and Hong Kong. More information about TA can be found at www.ta.com.