Goodwin Procter attorneys recently advised TA Associates in its majority investment in Procare Software. Financial terms were not disclosed.
TA Associates is a global growth private equity firm. The firm has invested in 450 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.
Procare is a provider of integrated payment processing services and child care management software. Founded in 1992 and headquartered in Medford, Ore., Procare serves more than 25,000 child-centered businesses and organizations worldwide.
The Goodwin team advising TA Associates was led by Brian McPeake and included partner Laura Rupenian and associate William Pearce.
More information about the transaction is available in the TA Associates press release.