janvier 2024
TA Associates
Canaccord Genuity Advises TA Associates on its Strategic Investment in Rocscience
Canaccord Genuity is pleased to announce its client TA Associates, a leading global private equity firm, has completed a strategic growth investment in Rocscience Inc., a pioneering provider of geotechnical software solutions.
TA Associates is a leading global private equity firm focused on scaling growth in profitable companies. Since 1968, TA has invested in more than 560 companies across its five target industries – technology, healthcare, financial services, consumer and business services. Leveraging its deep industry expertise and strategic resources, TA collaborates with management teams worldwide to help high-quality companies deliver lasting value. The firm has raised $65 billion in capital to date and has more than 150 investment professionals across offices in Boston, Menlo Park, Austin, London, Mumbai and Hong Kong.
Founded in 1996, Rocscience specializes in 2D and 3D modeling, simulation and analysis of rock and soil behavior. The Company’s team of industry experts are dedicated to developing the most advanced geotechnical software for professionals across the civil, structural and mining industries. Combining cutting-edge research with continuous software development, Rocscience offers an integrated portfolio of reliable, easy-to-use products that help engineers solve the most complex geotechnical challenges.
Today, more than 10,000 customers across 120 countries rely on Rocscience’s technology. TA’s investment will enable the Company to capitalize on several organic and inorganic growth initiatives, including investing in its operations and go-to-market strategy, expanding its product suite through strategic M&A, and advancing the Company’s product offerings into adjacent market categories.