TA Associates completed an investment in Accion Labs.

TA Associates, a private equity firm, completed an investment in Accion Labs, a digital-focused software product engineering company. Financial terms were not disclosed. "We are very pleased to welcome TA Associates as an investor in Accion. In choosing to partner with TA, Accion and the Basil team were particularly attracted by the firm’s global presence, long history of investing in the technology sector and experience in growing portfolio companies through M&A. We believe that TA will prove to be a valuable partner as we seek to further grow Accion organically and through acquisitions, with a particular focus on the U.S. and European markets,” Kinesh Doshi, Accion Labs Founder & CEO.