Announced
Completed
Synopsis
TA Associates, a global growth private equity firm, completed the acquisition of Auction Technology Group, an online platform for auctions, and Proxibid, an online marketplace for connecting buyers and sellers, from ECI Partners and Primus Capital. Financial terms were not disclosed. “TA Associates is excited to bring together these two profitable and growing online businesses. With their similar business models, technology, and culture, as well as complementary geography and sector focus, we believe that Proxibid and ATG are an excellent match. In collaboration with ECI, we will aim to expand the businesses through both organic and acquisitive growth, and accelerated international expansion,” Morgan Seigler, TA Associates Managing Director.
Principals
Show Details & Financials
Sort
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.