Global private equity firm TA Associates is now a majority investor in Bomgar, an enterprise remote support solutions provider. Bomgar Chairman Joel Bomgar said he expects the investment will play an important role in his company's long-term growth.
"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," Bomgar said in a prepared statement. "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."
Terms of the investment were not disclosed, but Bomgar will keep its headquarters in Jackson, Mississippi, and maintain offices in Atlanta, Washington D.C., London, Paris and Singapore. Read more.