Genstar Capital and TA Associates to acquire a minority stake in AffiniPay.

Private equity firms Genstar Capital and TA Associates, agreed to acquire a minority stake in AffiniPay, a provider of practice management software, integrated payments and embedded fintech for professionals across the legal, accounting, and professional services end markets. Financial terms were not disclosed. "We are thrilled for this next chapter with TA and Genstar. Since I joined AffiniPay in 2021, we've had incredible momentum and it's been so rewarding to influence how core system of record software combined with financial technology can benefit our customers and push the operations of the legal and accounting industries forward. The support of Genstar and TA will allow us to continue investing in our practice management software and embedded financial services platform for professionals," Dru Armstrong, AffiniPay CEO.