Montagu to acquire a majority stake in ITRS Group from TA Associates.

Montagu, a European private equity firm with headquarters in London, agreed to acquire a majority stake in ITRS Group, a global provider of real-time monitoring and analytics software, from private equity firm TA Associates. Financial terms were not disclosed. "We are delighted to welcome Montagu into ITRS Group. Under TA Associates’ ownership, we have broadened our product suite and significantly expanded our customer base, and we thank them for their continued support. The Montagu team have shown a strong understanding of our business and its potential, and share our ambitions, and we are excited to partner with them for the next stage of growth," Guy Warren, ITRS CEO.