Goodwin Procter recently advised firm client TA Associates in its acquisition of Nintex Group, a global provider of workflow solutions. Updata Partners, a technology-focused growth equity firm, co-invested in the acquisition with TA. Terms of the transaction were not disclosed.
Nintex is a global workflow software company with more than 4,000 customers in 90 countries. Nintex Workflow software enables organizations to automate business processes quickly and easily. The company is co-headquartered in Melbourne, Australia and Bellevue, WA, and has additional offices in Kuala Lumpur and London.
Founded in 1968, TA Associates is a global middle-market growth private equity firm with investments in more than 425 companies and $18 billion in committed capital. With offices in Boston, Menlo Park, London, Mumbai and Hong Kong, TA Associates leads buyouts and minority recapitalizations of companies in the technology, financial services, business services, healthcare and consumer industries.
Washington, DC-based Updata Partners is a technology-focused growth equity firm with nearly $500 million of capital under management. Updata invests in high-growth software, internet, and technology-enabled services companies with innovative intellectual property and market-leading solutions.
Goodwin has advised TA and its portfolio companies in a number of recent transactions including TA’s acquisition of SpeedCast and SpeedCast’s subsequent buyout of Elektrikom, Coaxis’s acquisition of 4Projects and TA’s acquisition of a majority stake in Dutch, LLC.
The deal team for the Nintex transaction was led by Yash Rana, and included Jon Herzog (Corporate), Laura Rupenian (Debt Financing) and Howard Cubell (Tax), among others.
For additional information regarding the transaction, please read the TA Associates press release.