TA Associates and OceanSound to invest in Kinective.

TA Associates and OceanSound, two private equity firms, agreed to invest in Kinective, a provider of connectivity, workflow, and analytics software. Financial terms were not disclosed. “Kinective is a force multiplier in banking, enabling access to innovation so financial institutions can reduce time-to-market of new technology, lower operating costs, build connected experiences, and delight their clients. We believe there is considerable opportunity to unlock further value for Kinective’s customers through product investments, new partnerships, and strategic acquisitions. We are pleased to join OceanSound as partners in Kinective and look forward to leveraging TA’s software expertise and global add-on acquisition and integration capabilities to drive sustained growth,” Hythem El-Nazer and Mike Libert, TA Managing Directors.