Announced
Completed
Financials
Tags
Private
Cross Border
Friendly
Private Equity
Germany
Software
software developer
Acquisition
Majority
Completed
Single Bidder
Synopsis
TA Associates, a private equity firm, agreed to acquire a majority stake in Carlyle-backed SER, an enterprise content management software developer. Financial terms were not disclosed. “We are delighted to welcome TA to SER as an investor and we are proud that they share our perspective on the significant opportunities ahead for our business. SER is revolutionizing the way enterprise content is automated, understood and managed. We have amazing customers, a fantastic team and market leading technology. We have had an outstanding partnership with Carlyle, with incredible support throughout the journey, and we are delighted that TA now joins us to supercharge the next phase of growth," John Bates, SER CEO.
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