Bomgar has a new majority investor, founder to remain chairman of board

Ridgeland-based Bomgar has a new majority investor and its founder will remain to chairman of the board, it was announced earlier today.

TA Associates, a global private equity firm, completed an investment with the tech company. Details of the investment were not disclosed.

"We're confident that TA's majority investment will prove a significant milestone in the evolution of our company and take Bomgar to the next level," said Joel Bomgar, Founder and Chairman of Bomgar. "TA offers valuable investment expertise, particularly in the technology sector, which will help Bomgar to grow, both locally and internationally, and expand into new markets. We welcome TA to our Board and anticipate a close collaboration as we continue to deliver consistently measurable value to our customers and help them to deliver world-class tech support."

Bomgar is stepping down as CEO but will remain as chairman of the board. Read more.