TA Associates to acquire 45% stake in QIMA from CDPQ.

TA Associates, a US-based private equity firm specializing in growth capital investments, agreed to acquire 45% stake in QIMA, a provider of quality control and compliance solutions, from CDPQ, an institutional investor that manages several public and parapublic pension plans and insurance programs. Financial terms were not disclosed. “We are thrilled to welcome TA as our partner. They bring a unique mix of sharp intelligence, entrepreneurial spirit and a formidable drive that aligns perfectly with QIMA’s vision and culture. I believe their involvement will be transformative, propelling QIMA into its next phase of growth. As we start our journey with a new partner, I want to thank our previous investor CDPQ for their support and guidance over the past three years,” Sebastien Breteau, QIMA Founder and CEO.