When he first started Bomgar in Ridgeland, Joel Bomgar had a plan for when potential investors came calling on his remote support solutions firm.
He heard inquiries from numerous companies since its start 11 years ago, but it was TA Associates that met all the criteria. Last Thursday, Bomgar announced that the Boston-based private equity firm had purchased a majority interest in Bomgar. Financial details of the transaction were not disclosed.
“Our screening criteria, which we set out 11 years ago, was that we were not going to do this unless it was right for our employees, our customers and our investors,” said Bomgar, 34, who will step down as chief executive officer, but will remain with the company as chairman of the board. Read more.