Montagu Private Equity and TA Associate to acquire Harvest SAS from Five Arrows.

Montagu Private Equity, a European private equity, and TA Associates, a global private equity firm, agreed to acquire Harvest SAS, a software company that develops application for wealth management, customer relationship, data, and digital solutions, from Five Arrows, a fund focused on investing in mid-cap companies in Western Europe. Financial terms were not disclosed. “Harvest is a company with great potential, anchored by an experienced executive committee that puts teamwork first. I believe we have all the foundations to build a European champion and perhaps more. We are joining forces with new partners, TA and Montagu, who are complementary and have the resources and deep industry experience to support us in this strategy," Virginie Fauvel, Harvest CEO.