TA Associates to acquire a minority stake in IFS from EQT Partners in a $3.4bn deal.

TA Associates to acquire a minority stake in IFS, a global enterprise software provider that enables business to digitalize their core operations, from EQT Partners in a $3.4bn deal. "We are excited to continue our journey with EQT, now with the additional support and commitment from TA Associates. Both have deep enterprise software experience, which make them ideal partners to further accelerate our growth. IFS is the global leader in FSM, a fast-growing market where we continue to win market share. This is where we believe that we can help our customers create the most value, by enabling them to provide their customers with superior service and experience. IFS’ proposition in the market is compelling and differentiated, which, when combined with the market opportunity, provides all the right ingredients for continued growth," Darren Roos, IFS CEO.