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Announced

Completed

OTPPB completed the acquisition of a majority stake in Mitratech from TA Associates and HG Capital.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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compliance software

United States

Friendly

Single Bidder

Cross Border

Majority

Private Equity

Private

Software

Completed

Acquisition

Synopsis

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Ontario Teachers' Pension Plan Board completed the acquisition of a majority stake in Mitratech, a provider of legal and compliance software, from TA Associates and HG Capital. Financial terms were not disclosed. “Our new partnership with Ontario Teachers’ will further support our commitment to enhancing our portfolio of products and support our dedicated and growing customer base with their digital transformation, risk mitigation, and operational excellence,” Mike Williams, Mitratech CEO.

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