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Synopsis
TA Associates, a global private equity firm, completed a majority investment in FinQuery, a provider of AI-powered accounting automation solutions. Financial terms were not disclosed. “FinQuery has established itself as a category leader in accounting automation with advanced AI-powered solutions, a highly accomplished leadership team, and a strong base of more than 8,700 customers. Our decision to become a majority investor, alongside management’s co-investment, reflects our deep conviction in FinQuery’s vision and market opportunity,” John Triebsch, TA Senior Vice President and Mike Libert, TA Managing Director.
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